Where to Invest $5,000 Right Now

Trying to time the stock market is futile when you're investing to build wealth. Recent volatility in so-called "recovery" stocks shows that some investors are moving in and out based on the latest headlines rather than sound investing principles. For investors wanting to put $5,000 in the market today, there are ways to pick the right stocks right now with less short-term risk.

It is possible to look past the day-to-day headlines and still participate in businesses that are set to take off after a coronavirus vaccine or other catalyst leads to a return to normalcy. For instance, MGM Resorts International (NYSE: MGM) and Walt Disney (NYSE: DIS) have both been hit hard by the pandemic. But each also has a growing part of the business that is helping to minimize downside from here until a full recovery is in place. That suggests they are each worth taking a closer look at.

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Source Fool.com