How to invest $10,000 today

Caleb Silver, Editor in Chief, Investopedia, breaks down how retail investors would spend an extra $10,000.

Transcript

00:00Any idea about how much cash they're sitting on, how much cash is still on the sidelines,

00:05and maybe what they want to do with that extra cash?

00:07Yeah, there's about $5.5 trillion in cash in money markets right now, but that's all investors.

00:12And if you ask our readers, and we do ask them this,

00:15what would you do with an extra $10,000 right now?

00:18Discretionary investment money.

00:20What would you do with it?

00:21Their number one choice, single stocks.

00:23They would go chase some of their favorite single stocks.

00:25The next choice would be ETFs, which shows you they would diversify as well if they could,

00:29and then way down the line are CDs and money markets and high-yield savings.

00:33Why?

00:33Because the savings rate has been evaporating slowly.

00:36So if you're not getting 5% plus, what the alternative is is either going to be stocks or crypto,

00:41and we have a very high-intensity stock crowd on Investopedia.