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Best way to Invest 5k

Posted on 9/22/14 at 11:33 am
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2576 posts
Posted on 9/22/14 at 11:33 am
I know its not alot, but its what I have to work with and its not doing anything sitting in a savings account. How, where, what should i do with it. Never messed with the stock market, but Im willing to risk a little and see where it takes me.

Should i get a local investor, try my own on E-trade. i really dont have a clue.

TIA
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/22/14 at 11:35 am to
VTSMX
Posted by Teddy Ruxpin
Member since Oct 2006
39642 posts
Posted on 9/22/14 at 11:55 am to
quote:

I know its not alot, but its what I have to work with and its not doing anything sitting in a savings account. How, where, what should i do with it. Never messed with the stock market, but Im willing to risk a little and see where it takes me.



Is this 5k all the "savings" you have, because that is what it sounds like.
Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
Posted on 9/22/14 at 11:57 am to
UGAZ - buy today...jk. but i did.
Posted by ItNeverRains
37069
Member since Oct 2007
25836 posts
Posted on 9/23/14 at 8:07 am to
If I were you, and if anyway you could do 6k vs 5k, I'd do 3k each in vtsmx and vdgix.
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