7 of the best ways to invest $5,000:
- Series I savings bonds.
- Berkshire Hathaway Inc. (BRK. B, BRK. A)
- Vanguard S&P 500 ETF (VOO)
- Vanguard Total World Stock ETF (VT)
- Target-date funds.
- Certificates of deposit (CDs)
- Money market accounts.
Where should I put 5000 dollars?
What’s the best way to invest $5,000?
- Invest in your 401(k) and get the matching dollars.
- Use a robo-advisor.
- Open or contribute to an IRA.
- Buy commission-free ETFs.
- Trade stocks.
Where can I invest a 5k per month?
Best Funds for 5000 Monthly SIP Investment
| Fund Name | Category | Risk Profile |
|---|---|---|
| Tata Digital India Fund Direct Growth | Equity | Very High Risk |
| ICICI Prudential Short Term Fund Direct Plan Growth | Debt | Moderate to low risk |
| Mirae Asset Tax Saver Fund Direct Growth | Equity | High Risk |
| Quant Tax Plan Direct Growth | Equity | High Risk |
How much will I get if I invest 5000 in mutual funds?
Steps to use SIP calculator
| Duration | SIP Amount (₹) | Future Value (₹) |
|---|---|---|
| 8 years | 5000 | 6.7 Lakhs |
| 10 years | 5000 | 9.2 Lakhs |
| 12 years | 5000 | 12.1 Lakhs |
| 15 years | 5000 | 17.4 Lakhs |