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March 8, 2015 9:57 pm at 9:57 pm
#1063324
Daniel Q Blog
Member
Savings accounts are fine (as an aside they don’t make any money). I would not do anything. Leave it alone. In 5 years, when you have $5,000 then maybe – maybe the number will compound with raises etc iy’H.
Iy”H when you get married, you might need the money – down payment on an apartment etc. No safe investment is returning much for a $1,000. Rather keep it in case you need and start building up your savings. Maybe with your savings and future husband’s savings you can make a solid investment. As PAA inferred – invest in property. It’s the safest investment. But perhaps not in super inflated frum (or non-frum) areas.
DQB