Nettet9. feb. 2024 · 7 Best Ways to Invest $5,000 of Your Savings Consider investing in a Roth IRA. A Roth IRA is a stable, long-term account in which you pay taxes ahead of time. ... Robo-advisory services. ... Go for index funds. ... ETFs. ... Save with an online bank. ... Think about certificates of deposit (CDs) ... Money market accounts (MMAs) Nettet20. jan. 2024 · Before investing your $5,000, you'll need to ask advisors whether they require minimum account sizes. And then there's advisory fees. On average, you could pay between $1,000 and $3,000 in...
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