7 Best Ways to Invest $1000 Right Now
In this day and age, there are ample investment options. It’s wonderful to have so many choices, but deciding on a direction might be overwhelming.
Here are seven investment options to help you get started:
1. Start a savings account
1. Start (or add to) a savings account
Even with the Federal Reserve now lowering interest rates, the best savings account interest rates are still higher than they have been in decades. Simply put, a savings or money market account is probably a good starting point for many people.
There’s one simple reason why putting money into basic savings is a great investment: Rainy days are inevitable. While predicting life’s twists and turns — and when they’ll occur — is impossible, being prepared with…
