NvidiarUkI70

What is the best way to utilize 50k for maximum return in 5 years?

I don't have any prior experience about handling money. 50k extra cash is not that much but not too little to just sit in bank account. What is the best way to utilize it for maximum return in 5 years? Just buy Amazon and Netflix stocks? I am also thinking about 300k starter house in a cheaper but growing city like Phoenix and Las Vegas. Does this idea sound reasonable at all?

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Uber 9?ivej Mar 11, 2018

10k - crypto, 20k stocks, 20k index fund.

Nvidia rUkI70 OP Mar 11, 2018

I think 10k is a lot for gambling..anyway thanks!

Nvidia rUkI70 OP Mar 11, 2018

Yes it makes sense! Thanks!

Apple chipotlefa Mar 11, 2018

What ever you do don’t put all in once. Put 5 % every 15 days in the market

Microsoft wakemeup Mar 11, 2018

This

Nvidia rUkI70 OP Mar 11, 2018

Thanks for the tip. Any thought about buying a house in those cities?

Facebook mUYx38 Mar 11, 2018

how about 1 million cash? what's the best way for investment for now?

Cisco uptick Mar 11, 2018

Keeping the cash without investing and loosing is also a good option

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VAKd75 Mar 11, 2018

Risk/reward. You can always try options

LinkedIn ThisJustIn Mar 11, 2018

Dollar cost average for sure, given the unstable state of current market. And as always, use low-cost diversified index fund portfolios. Read bogleheads forum, three-fund portfolio and paul merriman’s ultimate buy-and-hold portfolio. If you want a short and sharp introduction, read the 16-page booklet by William Bernstein, you can find it by googling “If you can: How millennials can get rich slowly”. Also, for greedier options, you can hold your NVDA stocks.

Microsoft plty Mar 12, 2018

Ethereum

Nvidia (👍🏼😱🤑) Mar 12, 2018

What’s your risk profile? How much from 50k are you willing to deviate / grow? Is the range 25 -> 50-> 100 acceptable (as in max gain / loss of 50%). Or is it more like 25% spread?

LUXLOCK TqO4231 Mar 12, 2018

Vacations

Citibank oTcY13 Mar 12, 2018

5 years isn’t long enough a time horizon if you’re not able to risk your principal, particularly in the current market. Best bet is short duration bonds (bond portfolios go down in a rising rate environment) or find a good online saving account like Marcus.com. Not a lot of options if you don’t want to risk principal and and go out 10 years