Smart Way To Invest $1,000
1. Pick investments yourself using an online trading platform.
If you're the do-it-yourself type, and you have some investing knowhow, you might want to consider picking investments yourself using an online trading platform such as TD Ameritrade or E*TRADE.
There are many more discount brokers out there, so you might want to spend a little time researching them and seeing which discount broker is right for you. You can also use this guide in helping you choose the best online broker .
Tip: If you're going to be picking investments yourself using your $1,000, you might want to pick out some exchange-traded funds ( ETFs ). ETFs are known for their lows costs and diversification benefits.
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