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The Best Stocks to Invest $50,000 in Right Now
Looking to grow savings without taking unnecessary risks? Consider buying the market's best tech stocks.
Deciding how to invest a lump sum of cash -- say, $50,000 -- is difficult.
The typical U.S. household has just $200,000 in retirement savings by age 65, so $50,000 in cash is a lot of money to most individual investors.
You should look to grow that money, but not recklessly. It can take years to save $50,000, so you don't want to wipe out your portfolio with risky stocks or margin loans. Instead, look to high-quality technology companies with ironclad balance sheets and ample growth prospects to lift your portfolio over the coming years.
