Hello Sajha friends,
I am planning to buy a house next year. So Instead of putting money in the bank, wanna invest on something for a year. Any Idea where I can use 50-80K for a year?

Investing comes with risk and reward.
Lowest risk/reward - bonds, CDs, MMS
Highest risk/reward - leveraged ETFs
Everything else (stocks, gold, commodities etc.) comes in between those.

PS: This is my raw knowledge.

You won't get much return in 1 year. But you could earn dividend if you invest in low volatility high dividend index fund or just buy utility stocks.

Bump

give it to Buppy Shah

Thank you for your valuable suggestion. Very much appreciated!!!

Flip houses

If you need the money in <2 years, put at least 80% of the money in bond funds, CDs etc

If you don't need the money for a while, put more towards equities.

PM me if you need further help. I work as a finanacial analyst.

i would wait till the next fed rate hike or atleast till the election ... both stocks and bonds are at their highs and looks overvalued

Listen to others as to just hold the cash off if you plan to buy house next year. Or takeout a CD. Or just don't buy the house and bet on Mr. Elon Musk :) Buy $TSLA - ignore the house - rent it out. Ok, seriously, don't buy stock for a year.