Affluent Savvy
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Where should I put 20k now?

Five Ways to Invest $20,000 Bond ETFs. Because bonds have a stated date when the borrower will pay back the face value of the bond, these are great investments if you need a certain amount of money at a known point in time. ... Stock ETFs. ... Individual stocks. ... Real estate investment trusts. ... Cryptocurrencies.

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Hopefully you've already established your emergency fund -- a savings account with enough money to cover your expenses for three to six months. With your additional $20,000, here are some ideas about how to invest those funds. Do you have $20,000 to invest? Congratulations! Putting that money to work immediately is the best way to set yourself up for financial success. The key to achieving your financial goals is knowing that investing requires a long-term mindset -- thinking in terms of years and decades, not weeks and months.

Five ways to invest $20,000

Here are five great investment options to consider:

1. Bond ETFs

Because bonds have a stated date when the borrower will pay back the face value of the bond, these are great investments if you need a certain amount of money at a known point in time. But bonds are usually sold in increments of $1,000 to $5,000, so buying shares in a bond-focused exchange-traded fund (ETF) might be an alternative if you have $20,000 to put to work. A bond ETF is a basket of debt spread across hundreds or thousands of organizations. Bond ETFs receive bond coupon payments and pay out that income to the fund's shareholders in the form of a dividend. A bond fund like the Vanguard Total Bond Market ETF (NASDAQ:BND) is a solid choice for long-term investors.

2. Stock ETFs

Investing in the stock market is one of the best ways to generate wealth over many years and decades, and buying shares in stock ETFs is a good place to start. Much like a bond ETF, a stock ETF owns a basket of stocks with the aim of tracking a particular market index such as the S&P 500 (SNPINDEX: ^GSPC). One example of an ETF is the Vanguard Total Stock Market ETF (NYSEMKT:VTI), which invests in all stocks trading on a U.S. stock exchange. A key advantage of investing in ETFs is the "set it and forget it" nature of the investment. You don't need to choose individual stocks or make any buying or selling decisions; you can simply buy and hold an ETF investment.

3. Individual stocks

It's easier than ever to purchase individual shares of a company. Owning individual stocks gives you control over exactly what's in your portfolio, which you may choose to align with both your values and goals and your desired performance over time. Since owning individual stocks increases your portfolio's exposure to the performances of individual companies, it's a good idea to diversify your stock holdings by investing in at least 10 to 15 stocks to start. With $20,000 to invest, that equates to about $1,500 to $2,000 per company. Like buying shares in stock ETFs, the key to investing in individual stocks is to buy and hold them for a long period of time. The prices of individual stocks can be volatile, so it's important to focus on the business fundamentals or other original reasons for your stock purchase regardless of how the price fluctuates.

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What are the rarest copper pennies?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all. Just 40 of the coins — probably created by accident, on copper-alloy one-cent blanks left in the presses in the wartime years when pennies were converted to steel — are known to exist. The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. How can you tell if your 1943 copper penny is real? Use a magnet. If the penny sticks, it's not copper. Better luck next time.

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