Factors that dictate how to invest $15,000
- Personal Investment Account: If none of the tax-advantaged accounts suite your needs you can always open a personal investment account. ...
- The Stock Market.
- Bonds.
- Real Estate.
- ETFs.
- Robo-advisors.
- Keep fees low.
- Invest in a passive portfolio.
Is $15000 a lot of money?
Objectively, $15,000 is a lot of money. It might be half a year's salary to a lot of people.
Is 13k in savings good?
13k in itself is not a life changing amount. Your options depend on how much income you are earning. Although some may point out that you can get a better return for your investment in the stock market, one of the best ways to invest your money is as a deposit on your own home.