Reddit: The Single Best $10,000 Investment To Hold For 25 Years

A Reddit poster recently mentioned that one of his coworkers invested $10,000 in Amazon.com Inc. AMZN back in 1999 and now plans on using his roughly $600,000 in profits to buy a retirement home.

The poster then asked the Reddit community what single investment they would choose if they had to place a $10,000 25-year bet. Here’s a sampling of some of the suggestions.

The top poster suggested the SPDR S&P 500 ETF Trust SPY. While other posters suggested variations on the S&P 500 bet, such as the Vanguard Admiral VFIAX mutual fund, many commentors agreed with the general idea of market-wide diversification.

Related Link: Emotional Intelligence, Not IQ, Is Most Important For Investors

The discussion then moved on to single-stock picks, and posters had the following 25-year investment suggestions:

Gilead Sciences, Inc. GILD- “has some crazy good drugs in the pipeline that could basically cure several very nasty diseases.”

Illumina, Inc. ILMN- “they sell gene sequencing machines, similar to selling shovels during the gold rush.”

Mercadolibre Inc MELI- “basically the eBay/Paypal/Amazon from 15 years ago.”

JD.Com Inc (ADR) JD- “stealing market share from Alibaba every year and [trades] at a very low multiple of projected cash flow despite ultra fast growth rate.”

Ford Motor Company F- “dividends alone would be a decent margin.”

iShares MSCI Emerging Markets Indx (ETF) EEM- “book value as well as the price to earnings is historically low for emerging markets which should perform well in the long run.”

SolarCity Corp SCTY- “solar is the future and everyone knows it.”

Tesla Motors Inc TSLA- “25 years from now I wouldn’t be surprised if it’s the dominant automaker in the United States.”

Disclosure: the author holds no position in the stocks mentioned.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!