If you're investing your first $1,000 for maximum growth, try putting your cash in a Roth IRA.
Financial planners also recommend choosing index funds or dividend growth stocks.
Here's some advice from financial advisors on the four best ways to invest your first $1,000.
Go with dividend growth stocksKeep an eye out for dividend growth stocks, which are stocks that are paying dividends and have been growing those dividends for a significant number of years in the past.
According to Jonathan P. Bednar, II, a financial planner, dividend growth stocks are a smart way to make money now or use those dividends to reinvest.
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—, I'm, Kenny Senour, Senour, Roth, Read, Jonathan P, Tony Grenier, Grenier
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