Where to Invest $10,000 Right Now
Having a long time horizon in investing is crucial to getting a good return. Even with the stock market at record highs, there are companies whose stock will look like bargains in hindsight a few years from now. In 2008, companies like Booking Holdings (formerly Priceline.com) and Intuit may have fallen precipitously during the bear market that year, but they have each since come back to deliver more than 10 times what investors paid at the time, even if they bought at the peak just before the bear market hit.
So if you have $10,000 in uncommitted funds and a long investing time horizon, here are three stocks to buy right now. This trifecta offers diversification by market capitalization, industry, age, and perceived risk. Microsoft (NASDAQ: MSFT), Markel (NYSE: MKL), and Rocket Companies (NYSE: RKT) are very different, but they all offer clear paths to growth over the next decade for investors patient enough to ignore the day-to-day noise of the market. Let's take a closer look.
Image source: Getty Images.
Source Fool.com
