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This is why we spoke with a financial expert to assist with perspective on the best ways to invest $5,000, depending on your money goals. Taylor Kovar, CFP and CEO of Kovar Wealth Management ...
$5,000. 12-month CD (1 year) 4.00%. December 2025. ... Open your CDs and invest your money. ... It means that every dollar you save is working harder and growing faster toward your financial goals.
Starting an emergency savings fund that covers six months of living expenses. "For the vast majority of Americans, tackling those three priorities is going to more than chew up that $5,000," he says.
About 63 percent of U.S. investors plan to buy ETFs in the next 12 months, up from 37% in the fourth quarter of 2022, according to State Street Global Advisors’ 2024-2025 ETF Impact Report.
If you've already saved $1,000, $5,000 or $25,000 for investing, congratulations! Sometimes the biggest hurdle to investing is tucking away those first small sums. But now that you're in the habit ...
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