I'm a college student with some extra money lying around ($5,000). Where should I invest this long-term and why?
Please no cryptos.
>>2011257
ETH
>>2011257
5k is too low for most stocks, even at a 10% return, you will only have 5500. You could start your retirement fund, start an emergency fund, or get into cryptos
anon desu cryptos are your best bet to make money on the 5k, also the riskiest.
do you have any more cash coming in in the near future?
>>2011257
>Please no cryptos.
hahahaha
wrong board, chap
$5k is a perfect bankroll for 1/2 (poker).
Otherwise, dump it into ETH or zcash, either will probably give you good longterm returns.
>Long-term
Go into a low-cost index fund or etf from Vanguard.
After that you ignore that investment for 10 years and see what happens. Even if 5 k is "small" by the people here.
Interest on interest works wonders.