The Best Stocks to Invest $50,000 in Right Now
If you suddenly inherited $50,000, and you didn't have some short-term expense that needed paying off, you might be inclined to look for someplace to invest it and perhaps grow it into something bigger. $50K is a lot of money to invest all in one place, so a safer bet would be to spread it out across several stocks. These stocks should be attractively valued with strong growth rates that can outperform a major market index such as the S&P 500 over the next five to 10 years. You want that $50K to increase in value, right?If you $50,000 that isn't needed right away, there are opportunities out there to help it grow. For example, some recent volatility in the technology sector has created several good buying opportunities. Technology is changing the world we live in, and investing in quality companies that are leading the charge is a solid long-term investment strategy.Let's look at three technology stocks investors with a $50,000 windfall can consider investing in right now that are both growing quickly and have attractive valuations.Continue reading
If you suddenly inherited $50,000, and you didn't have some short-term expense that needed paying off, you might be inclined to look for someplace to invest it and perhaps grow it into something bigger. $50K is a lot of money to invest all in one place, so a safer bet would be to spread it out across several stocks. These stocks should be attractively valued with strong growth rates that can outperform a major market index such as the S&P 500 over the next five to 10 years. You want that $50K to increase in value, right?
If you $50,000 that isn't needed right away, there are opportunities out there to help it grow. For example, some recent volatility in the technology sector has created several good buying opportunities. Technology is changing the world we live in, and investing in quality companies that are leading the charge is a solid long-term investment strategy.
Let's look at three technology stocks investors with a $50,000 windfall can consider investing in right now that are both growing quickly and have attractive valuations.
