Is this a good investment?

happymomof1
Wed, 15 Sep 2010 20:07:32 +0000

Fifty years is a very long time. What makes you so confident that this investment will actually appreciate by that much?

There are other places to invest your 5k - such as your own ROTH IRA. I can get 1.7% right now on a 12 month CD at my own Credit Union. Not 6% I know, but certainly more liquid than the investment you are describing.