Where To Invest $10,000 Right Now

Having $10K set aside is the perfect amount to build a diverse investment portfolio. This article covers the top ways to invest $10,000 right now.

Stocks

Stocks are the ideal investment for any new or experienced trader. There are over 6,000 companies represented in the United States' two highest-profile exchanges, NASDAQ and the New York Stock Exchange (NYSE).

ETFs

Exchange-traded funds, or ETFs, offer the opportunity to invest in several companies at one low price point. ETFs follow an underlying index, representing dozens or hundreds of assets from a particular sector. An ETF allows traders to build a diverse portfolio without breaking the bank instantly.

Bonds

Companies can issue bonds when looking for additional capital. To put it briefly, a bond is a loan from an investor to a business that the borrower must repay over a specific amount of time.

Gold, Silver, and Precious Metals

It's possible to invest in companies that mine precious metals, but it's also possible to buy them directly. You can pick up physical pieces of gold from a local seller or consider buying them online from a reputable dealer. Be sure to consider storage options and the purity of the commodity before investing.

Cryptocurrency

Cryptocurrency is a relatively new investment opportunity, affording the potential to purchase digital funds. Values of cryptocurrency rise and fall over time, so traders can either play the market or hold on for long-term growth. Investors must use either a broker or crypto exchange to acquire and trade this type of currency.

REITs

Real-estate investment trusts, also known as REITs, are a budget-friendly way to get involved in the real estate market. These trusts invest in several real estate properties, and traders buy shares of the REIT. REITs typically buy commercial properties like strip malls, large retail spaces, warehouses, hotels, assisted living centers, etc.

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