If you had as much as a spare $1 million to invest right now, what should you buy?
Balanced-to-medium risk profile With as much as $1 million to invest with, investors can buy individual securities instead of being restricted to funds, said David Dietze, managing principal and senior portfolio strategist at Peapack Private Wealth Management.
"A much smaller amount leaves an investor forced to invest in funds to get adequate diversification.
With one million, one could say invest $20K in fifty different stocks and be well diversified," he said.
More aggressive risk profile Gambles says that taking on a more aggressive stance would mean an "all in commitment" on the themes he expects will perform, and removing any hedges against those trades.
Persons:
Paul Gambles, David Dietze, Dietze, Bristol Myers, Gambles
Organizations:
U.S . Federal Reserve, CNBC Pro, Family, Yen, Wealth Management, Bristol, BHP Group, Hershey, BHP
Locations:
China, Australian