Money, but what do I do with it?

Question

So I have about $6000 USD, that I will need in a little over a year (so I can't spend it). But is there anything I can do with it, that isn't to risk (and doesn't involve anything illegal) that can have me walking away with much more then I put in?

Thanks!

Answer 1

You can put that money in a savings account or a time deposit account to earn interest on that money. In a year you can earn probably earn a couple hundred dollars off of interest. That's the best option if you don't want to risk losing it.  

Answer 2

Well, safe would be to put it into a 1 Year Certificate of Deposit at a bank. You would know ahead of time how much interest you will make.