2 Magnificent Growth Stocks You Can Buy With $150 Right Now
Over the past few years, new investors have learned the hard way that investing in growth stocks can be highly unpredictable. You may remember the Nasdaq Composite, which contains heaps of growth stocks, rose 21% in 2021, only to collapse 33% in 2022.
Giant market swings like the one recently experienced may lead you to believe that growth stock investing is an endeavor only suited to Wall Street professionals, but this is not the case. Now that practically every discount brokerage lets customers buy stocks with hardly any fees or commissions, anyone can take advantage of a risk mitigation technique called dollar-cost averaging.
Making smaller, more frequent purchases of your favorite growth stocks ensures you never put too many eggs in one basket -- just before that basket falls apart. These two stocks look like smart buys right now. Best of all, you can scoop up a share of both for less than $150 total, assuming all your bills are paid and your emergency fund is already topped off.
Source Fool.com
