Australian (ASX) Stock Market Forum

10k into Mutual Funds?

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Greetings.
So I have 10k saved up and I am unsure where to invest it. I've heard that a Mutual fund will be a better option, than a Bank CD.
It will most likely only be a short-term (2year investment). As I may decide to whack a deposit down for a house,
I'm a complete n00b when It comes to investments, so your help would be much appreciated.
 
Hi Gazzilla,

It is illegal for anyone here at ASF to advise you how to invest your money or to offer you specific financial advice, which is what you have requested.

If you are unsure how to invest your funds you may wish to consult a licensed financial adviser.

Find out more about getting good financial advice here: http://www.fido.asic.gov.au/fido/fido.nsf/byHeadline/Getting good advice

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