If I Had $5,000, This Is How I'd Invest It

It's a known fact that putting money in the stock market over the long term is one of the best ways to build lasting wealth. If you find yourself with some extra cash to invest, I recommend looking for outstanding businesses with competitive advantages that have the opportunity to compound their gains for many years.

Etsy (NASDAQ: ETSY) and Roku (NASDAQ: ROKU) fit this description. Both of these companies possess platform business models that are driven by powerful network effects, which is arguably the best type of economic moat a company can have. Furthermore, they are riding strong secular trends that will support their growth in the years ahead.

If I had $5,000, here's why I would invest it between Etsy and Roku.

Source Fool.com