Where to Invest $10,000 Right Now
Let's be frank. $10,000 is quite a chunk of change. If you've accumulated $10,000, and are wondering where to invest it now, your first objective is probably making sure you don't lose $10,000 by making a bad bet. And yet, after seeing the stock market perform so well in 2020, you probably would like to make a bit of profit in 2021, too, right?
Lucky for you, you can have your cake and eat it, too.
How? First and foremost, limit the amount you can lose by investing in more than just one stock -- i.e., diversify. And second, buy stocks that are objectively cheap to limit your risk of overpaying, and maximize your chance that those stocks can grow. Three stocks that I think fit the bill on both counts are iRobot (NASDAQ: IRBT), LGI Homes (NASDAQ: LGIH), and Southwest Airlines (NYSE: LUV).
Source Fool.com
