If you have $5,000 to invest, you're doing better than most. According to a recent survey from personal finance website The Balance, half of Americans have less than $250 left over at the end of the month. This means amassing five grand is a challenge for most.
I would like to share two growth stock ideas for those looking to invest $5,000 -- or less if that is beyond your reach. The point is that $5,000 is a large investment for most people -- and should be reserved for only top-tier businesses. In that light, I believe Pinterest (NYSE: PINS) and Latch (NASDAQ: LTCH) could be core positions in a diversified portfolio, regardless of what that dollar amount looks like in your particular case.
A Pinterest screen shot on a tablet. Image source: Pinterest.
For further details see:
Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now.