answersLogoWhite

0

Where can $5000 takes me in investing?

Updated: 9/10/2019
User Avatar

Wiki User

14y ago

Best Answer

Even a small sum like $5000 can get you started in investing. Your strategy will depend on your time frame and your goals. Look into some mutual funds which can provide you with some reliable growth.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Where can $5000 takes me in investing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

5000 keystrokes equals how many Words per minute?

it depends on how long it takes to type 5000 keystrokes.


How much money is 5k?

It is $5,000. It is less than a quarter of what it takes to buy a house and you could buy a gold bracelet.


Which investment gives maximum profit?

Investing in a successful business will certainly provide more profit than investing in financial markets. However, there is a great deal of risk involved in doing so. It can be extremely difficult to get a new business going well. It takes a great deal of work and it also takes financing. There are also tax advantages to investing in a business. A great deal of expenses can be written off so to speak. There are tax advantages to investing in financial markets also but they are not as significant as those involved in having a business.


How many miles from London to goa?

It is Just under 5000 miles. It takes about 9hrs30mins going out but can be longer and takes about 11hrs coming back...hope it helped


Can franchisees be considered entreprenuers?

That is exactly what they are. An entrepreneur is someone who takes a financial risk by investing in a business. There is always a franchise fee involved.


What is 5027 rounded to nearest 1000?

5000


Does it take 300 licks to get to the center of a tootsie pop?

no it takes 5000 licks to get to the center of a tootsie roll po


How long does it take to drive 5000 miles at 60 miles per hour?

Use the equation speed=distance divided by time: v=d/t rearrange to give t=d/v Therefore it takes 5000/60hours to drive 5000 miles at 60 miles an hour. 5000/60=83 1/3 hours which is approximately 5000minutes.


How many btu to heat 1000 square feet?

It takes about 50,000 btus to heat 1000 square feet


What is 4621 rounded to the nearest thousand?

5000


What is 4906 rounded to the nearest thousand?

5000


What is 5210 rounded to nearest 1000?

5000