You have 5K to invest what should you invest in?

Answer 1

you should either invest in something that is looking very profitable for the forseeable future or in something that you will enjoy.

hope this helps :)

I have recently fallen in love with a stock called Baidu, symbol BIDU. I bought some and it went up a hair below five percent in three weeks. Then in eight days it ended up below where I bought it. That was yesterday. Today it's up some. Baidu is the Chinese version of Google.

One website you should check out is Yahoo Finance. The name may not turn you on, but never mind. Go to Yahoo.com and click on Finance. check out the price of your favoriet stock and then click on Basic Chart. It will show yo a squeggly line and you will be able to compare your stock to one other stock. That will get you two squiggly lines on the same graph. You can compare any two stocks this way, and if you explore around the Web page, you will find that you can compare them for one day, five years, etc.

I challenge you to find a stock that has out-performed Baidu over five years.

Answer 2

It is important to consider your financial goals, risk tolerance, and time horizon before making any investment decisions. However, some popular options for investing $5,000 include diversifying through a low-cost index fund or ETF, investing in blue-chip stocks of well-established companies, or starting a Roth IRA for long-term retirement savings. Consulting with a financial advisor can help you determine the best investment strategy for your specific circumstances.