Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term
The median household income in the U.S. was just over $80,000 in 2023, according to the Census Bureau. It's probably still right around that level in 2025. Therefore, investing $5,000 is no small feat for many individuals, because it represents about 6% of a typical household's annual income. Since this is such a significant sum of money, it's not an investment decision to be taken lightly.In other words, it's important to invest $5,000 well. Failing to do so could set back your financial progress for years. But even the best stock-pickers are only right around 60% of the time. If even the best investors make many mistakes, then what should an average investor do to increase their odds of success?Image source: Getty Images.Continue reading
The median household income in the U.S. was just over $80,000 in 2023, according to the Census Bureau. It's probably still right around that level in 2025. Therefore, investing $5,000 is no small feat for many individuals, because it represents about 6% of a typical household's annual income. Since this is such a significant sum of money, it's not an investment decision to be taken lightly.
In other words, it's important to invest $5,000 well. Failing to do so could set back your financial progress for years. But even the best stock-pickers are only right around 60% of the time. If even the best investors make many mistakes, then what should an average investor do to increase their odds of success?
Image source: Getty Images.
