8 Proven Strategies for Immediate Returns
What financial steps would you take if you had an extra $1,000? Should you stash it in savings, knock out some debt, or try to grow it? While this article zeroes in on eight smart, research-backed ways to invest that money right now, it is important to remember that before investing, you should pay down so-called bad debt and build an emergency savings fund.
Each strategy varies in terms of risk, time horizon, and how it will affect your specific financial goals—but all are geared toward helping you decide which of the eight investment strategies to take. While $1,000 might not seem like a game-changer, starting to invest early is one of the most powerful steps in building long-term wealth. Of course, you can also apply your…
