The Best Stocks to Invest $50,000 in Right Now
If you have $50,000 -- or more -- sitting around in a savings or checking account, you are losing purchasing power to high inflation. Consumer prices are growing at 8.6% year over year right now, much faster than any interest rate you can get in a bank account. Unless you need this cash within a couple of years, you should be invested in stocks in order to best combat inflationary pressures on your spending power.
Electronic Arts (NASDAQ: EA) and InterActiveCorp (NASDAQ: IAC) are two stocks to buy with $50,000 right now. Here's why.
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Source Fool.com
