$8000, two years...what do I do with it?

[lliw]

Hi, I have $8k to invest, I have two years before I will need it, what do I do with it?

I am going traveling for a while.

I have read "investing in shares for dummies", thats the extent of my knowledge. I am thinking of putting it in a mix of some stable shares....maybe bank shares and mining shares.

Or would I be better off with a managed account?

 

[drsmith]

http://www.infochoice.com.au/banking/savings-account/online-savings.aspx

Two years in not a very long investment time frame for shares.

 

[Joe Blow]

lliw,

No ASF member is legally allowed to provide you with the kind of specific financial advice you have requested. Only a licensed financial adviser can advise you how to invest your funds.

Here are some links from ASIC's consumer website that you may find helpful:

Getting good advice
Choosing your adviser

Unfortunately I am going to have to close this thread because if I don't I know very soon we will get someone telling you to dump all of your money into a stock they hold!