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How Should I Invest?

June 23rd, 2013 at 10:19 pm

Today I just remembered something that I've literally forgotten. I have approximately $2,000 coming to me.

While I was overseas I had the option of putting my money into an Savings Deposit Plan (SDP). So for nine months I put in $250/month into this account which stops when you come back from overseas.

As of my last paycheck I have $2,345.34 in this account. So it's earned at approximately $95 in interest at this time.

So at this point I'm not exactly sure what to do with the money. I could put it in a Roth IRA, CDs or just deposit it into my savings account to help boost my emergency fund.

I'm just upset with myself that I actually forgot about that much money. It was coming out of my account automatically so I didn't have to think about it but that's the flip side. You may truly forget about it and not even realize you have it especially if you have beneficiaries.