If you've been tightening your budget and have managed to save up $5,000 to invest -- or if you've ended up with $5,000 some other way -- that's great! Your next step is figuring out what to invest that money in.

Here's a look at three kinds of investments you would do well to make with $1,000, $5,000, $50,000, or any other sum. See which one(s) make the most sense for you, given your particular situation.

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Source Fool.com