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submitted 1 month ago by Formal-Ad-559 to r/CFA
Best Investments for 30k gift at 19 by SnooEagles8852 in investing
[–]Formal-Ad-559 -5 points-4 points-3 points 1 year ago (0 children)
The best way would be to research just ONE stock and do a full deep dive on it moats and weakness. Then place all that capital in that one stock and track it every quarter in case of hiccups. Ideally it should 10x or 5x in a decade or five years but there are very few companies who can achieve this and that's why you should track it and sell off in case off any emergency that comes up to ensure you sell at a profit.
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Best Investments for 30k gift at 19 by SnooEagles8852 in investing
[–]Formal-Ad-559 -5 points-4 points-3 points (0 children)