I recently inherited some money and am looking for a relatively safe investment for around 15k rather than have it sit in my savings account for years. I looked into CDs and interest rate is nothing to get excited about, online checking accounts match the measly 1% average. I have almost no credit card debt, rent an apartment, and a 7 thousand dollar car loan with 6.39% interest. My first step was going to be pay 4 thousand on the car loan since it is still under a year old to get the interest down and allow the account to age on my credit report for awhile before paying it off. I started playing with Robinhood about 2 years ago and have about 5 thousand in the stock market:
10 shares $aapl
10 Shares $Dis
15 Shares $GM
14 Shares $T
10 Shares $Jblu
15 Shares $UAA
8 Shares $Gild
40 Shares $OPK
The first four holding have made me decent money however, the last four are all in the red. Should i average my price down or look into new companies? I like companies that pay decent dividends and am looking at $GE or $JNJ. $GOOGL also looks good to me although no dividend. Again my risk level i would say is moderate. I would appreciate any ideas on my next steps.
thank you
Submitted February 02, 2017 at 08:52AM by jersey856 http://ift.tt/2k3ApaC
