HNB asked in Business & FinanceInvesting · 2 months ago

What is a good stock to buy now with $5000 or $10,000 extra $ I have to spend. My limit to buy stock besides my savings.?

3 Answers

  • kswck2
    Lv 7
    2 months ago

    IF you don't know about investing, now is not the time for rookies to invest. And you will need to understand how to hedge and what Stop Losses are. 

  • Steve
    Lv 6
    2 months ago


  • Anonymous
    2 months ago

    Market is at all time highs. Buying now is a bad bet.

    Invest 5% of what you have now and 5% every month until you are fully invested and then keep investing more.

    You want a low fee s&p 500 index fund like VOO or FNILX.

    Expect many declines over the next 30+ years. Never sell into fear.

Still have questions? Get your answers by asking now.