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What is the best thing to invest 30 to 50 thousand dollars?
I'm looking to get into another company but need help with a good choice.. what would you invest 30 to 50 thousand dollars in? Thanks
9 Answers
- tiescoreLv 63 months ago
Unless I had a mutli-million dollar portfolio I wouldn't dream of starting a new position with that much. No investment is a sure thing, I remember watching an interview with famed investor Peter Lynch from the 90s and every company he mentioned except Dunkin Donuts is gone (he mentioned Fannie Mae which isn't gone but the government is seizing all its profits for a decade now).
- kswck2Lv 73 months ago
While waiting for Joe Biden and the Democrats to really mess up the economy, I am tending more towards ETF's and Mutual Funds. And I will be putting tight stop losses on the the ETF's.
As to a specific investment? I don't give investment advise since Your objectives are not MY objectives.
- Anonymous3 months ago
I really doubt you have much more than $10. Anyway. You would put every dime in a Roth IRA that lets you invest all of it in the S&P500 where it will give you a net return of +12.5% per year for every year you live.
- Anonymous3 months ago
The best thing you can do with that money is put it all in VTSAX, and let it sit for a minimum of 30 years.
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- 3 months ago
Consider looking into ETF's for a start. Thoroughly investigate the ones you are looking to invest your hard earned money.
- AnonymousLv 73 months ago
It's up to you to do your own research. I would go hunt for value stocks with low P/E ratio, good margins, reasonable debt levels, good management, and high net assets relative to share price.
- Anonymous3 months ago
I would put $5000 in a low fee s&p 500 index fund and then $1000 a month. If we have a big market decline, consider adding another $5000 and upping it to $1500 a month and continue until its all invested.
Warren Buffett called an S&P 500 index fund “the best thing” for most people who want to invest. ... For years, the so-called Oracle of Omaha has championed index funds.
- Wayne ZLv 73 months ago
Invest in a phone call to a financial advisor.
For that much, one might actually call you back.