It is recommended to diversify your investments for optimal returns and less risk. With $20,000, you could invest in a combination of stocks, bonds, mutual funds, index funds, and exchange-traded funds (ETFs). Each of these options has different levels of risk and rewards, so it is important to understand the details of each option before committing to any investments.
Determine the best option for investment.
I have $20,000 and I want to invest in stocks.