Where to Invest $1,000 Right Now
Have $1,000 to invest right now and not sure where to put it? That's understandable. Things are up in the air at the moment. The market is crashing like it's 2008, getting double-whammied by the novel coronavirus pandemic and the oil price war set off by Saudi Arabia and Russia on March 6. Whether it's the first money you're hoping to put to work, or it's a recent deposit in an ongoing effort to save for the future, now is one of those rare periods in time where it seems there's nowhere good to invest.
My personal investing journey (as well as my formative years as a working adult) began in 2007, which wasn't ideal timing considering the global financial crisis got started that year. But what that period taught me was that even less-than-ideal timing can be wildly rewarding if you can ignore the short-term doomsday-ism and stay invested in quality companies for the long haul (since stocks are, after all, passive business ownership).
With that in mind, here's my mini stock portfolio for the next decade for those looking to put $1,000 to work right now, and plan to buy more with subsequent savings: Facebook (NASDAQ: FB), NVIDIA (NASDAQ: NVDA), Texas Roadhouse (NASDAQ: TXRH), Square (NYSE: SQ), and STORE Capital (NYSE: STOR).
Source Fool.com
