Where to Invest $5,000 for the Next 5 Years

With $5,000 being a decent-sized chunk of change, some investors may be reluctant to bet it all on a single company. Yet, there's one company that's likely to continue growing and evolving over the next five years, and its stock moves fast (especially lately) but isn't excessively volatile.

I'm referring to  (NASDAQ: MSFT), a tech titan that's sufficiently established to appeal to cautious retirees, yet thoroughly modern, forward-looking, and disruptive. Besides, while Microsoft stock isn't a pure play on machine learning, it offers artificial intelligence (AI) market exposure so set-it-and-forget-it investors won't feel like they're missing out.

While Microsoft stock has been a fast mover (to the upside) in 2023 so far, it's not particularly volatile. So it should be appropriate for a $5,000 portfolio allocation, depending on your account size. Indeed, Microsoft stock's five-year monthly beta of 0.93 indicates that it has historically been slightly slower-moving than the S 500, which has a benchmark beta of 1.

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Source Fool.com