Should I invest $5000?

All products are presented without warranty. Having $5000 to invest puts in you a place where you have many more options than someone who is starting out by investing 1000 dollars or less. To make this apply directly to your situation, I have broken this down into long term, short term and alternative ways to invest your money.

What is the most fruitful investment of $500?

$500 to Charity– Like I said above, the first 10% of any money we make goes to charity. That is the most fruitful investment of $500that I make. $1,000 to Savings Account – I am a big fan of having money ready for when there is a deal. Having a $1,000 investmentin a Savings Account helps me be ready for the next investment.

How much money should you invest in a mutual fund?

Buy commission-free ETFs A $5,000 investment gets you past most standard mutual fund and index fund minimums, which typically hover between $1,000 and $3,000. But one or two mutual funds do not a diversified portfolio make. (The exception is target-date funds, which are inherently diversified so you can put your full investment in a single fund.

How much money should you invest in real estate?

The possibilities become broader at the $5,000 level, including more options for investing in real estate. While $5,000 isn’t enough to purchase property or even to make a down payment, it’s enough to get a stake in real estate in several other ways. The first is to invest in a real estate investment trust (REIT).