Saturday, 21 March 2020

how to best invest $1000?

Kellie Waycott: Buy Toyota stock tomorrow.

Lu Snide: There is not much you can do with $1000.00 in this economy. You can gamble on individual stocks, but a steep drop in the market and you lose everything. So, I wouldn't recommend that. CD's are paying terribly low interest, so there's not much there. I would say bonds but in this economy I would worry about defaults which would wipe you out. Basically, I would just keep saving until the economy got better. If you had more, I would recommend Real Estate since it's a buyers market with all the foreclosures and so forth. It's just a tough world out there to invest only $1000.00 and expect to earn a lot....Show more

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