How to Invest $2,000 Right Now
May 19, 2020 at 05:00 AM EDT
"The journey of a thousand miles begins with a single step." - Chinese proverb attributed to philosopher Laozi With all the COVID-19 whipsawing we're experiencing in the U.S. economy - and the uncertainty that's created for folks like you and me - Money Map Press is seeing more direct inquiries about stocks than at any time since the Great Financial Crisis of 2008 to 2009. And one of the most intriguing queries we're seeing is this one: "I have $2,000. I want to invest it in stocks. But I'd sure be grateful for some guidance on which stocks to buy and what 'strategy' to employ." Let me tell you folks: I love this question. And I respect the heck out of those who posed it, or who were thinking along those lines, for a few reasons... For one, you're ignoring the near-term "noise" and are focusing on the long term. Second, you're taking action - and taking control of your own financial destiny - which is always one heck of a lot better than just sitting back and letting stuff "happen to you." And, finally, it can be a difference-maker. That two grand is merely the first step. But it shows that you're serious about changing your future. It puts "skin in the game." It forces you to pay attention. And you'll be stunned at how much you learn. It takes courage to act, to make tough decisions, to move forward. And by posing this question, you're doing just that. Just as a long journey can start with a single step, the journey toward a secure financial future can begin with a single investment - even one as seemingly small as $2,000. And I'm going to start by sharing a personal story that proves the value of a "mere" $2,000 investment. I'll even offer some stock recommendations that will help you take that first step... Full Story The post How to Invest $2,000 Right Now appeared first on Money Morning - We Make Investing Profitable . And I'm going to start by sharing a personal story that proves the value of a "mere" $2,000 investment. I'll even offer some stock recommendations that will help you take that first step... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.