What are the safest stocks to invest in 2024?
Some of the best stocks to invest in 2024 for beginners include Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), and Mastercard Incorporated (NYSE:MA). For this list, we used a stock screener and selected stable companies with high single digit or low-teens revenue growth.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
| Rank | Fund | 3-year return to 1 Feb (%) |
|---|---|---|
| 2 | Vanguard LifeStrategy 80% Equity | 16.05% |
| 3 | Fundsmith Equity | 24.6% |
| 4 | Jupiter India I Acc | 108% |
| 5 | Royal London Short Term Money Mkt | 6.73 |
| Stock | Implied upside from Feb. 7 close | Forward dividend yield |
|---|---|---|
| JPMorgan Chase & Co. (ticker: JPM) | 30% | 2.4% |
| Procter & Gamble Co. (PG) | 9.4% | 2.4% |
| Home Depot Inc. (HD) | 3.4% | 2.3% |
| AbbVie Inc. (ABBV) | 12.6% | 3.5% |
- U.S. Treasury Bills, Notes and Bonds. Risk level: Very low. ...
- Series I Savings Bonds. Risk level: Very low. ...
- Treasury Inflation-Protected Securities (TIPS) Risk level: Very low. ...
- Fixed Annuities. ...
- High-Yield Savings Accounts. ...
- Certificates of Deposit (CDs) ...
- Money Market Mutual Funds. ...
- Investment-Grade Corporate Bonds.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Brightcom Group | 18.08 |
| 2. | Rama Steel Tubes | 42.29 |
| 3. | Easy Trip Plann. | 48.31 |
| 4. | Radhika Jeweltec | 68.54 |
| Name of the Share | Book Value (₹) | 1 Year (%) |
|---|---|---|
| Trident Ltd | 8.12 | 1.93 |
| Yes Bank | 14.08 | -2.23 |
| Exide Industries | 148.69 | 54.70 |
| Bajaj Hindusthan Sugar Ltd | 33.80 | 79.49 |
If you have $50,000 to invest, there are plenty of good options. You can choose safe investments, like CDs or high-yield savings accounts. Alternatively, you can invest in things like stocks and real estate in the hopes of achieving superior long-term returns.
- Pay Off Debt.
- Open a High-Yield Savings Account.
- Put Money into a Retirement Account.
- Invest in Real Estate.
- Invest with a Robo-Advisor.
- Fund a Brokerage Account.
- Cryptocurrencies.
- Invest in ETFs.
- Vanguard 500 Index Fund (VFIAX) ...
- Vanguard Total Stock Market Index Fund (VTSAX) ...
- Vanguard Total Bond Market Index Fund (VBTLX) ...
- Vanguard Balanced Index Fund (VBIAX) ...
- Vanguard Growth Index Fund (VIGAX) ...
- Vanguard Small Cap Index Fund (VSMAX)
What is the safest stock to hold?
In addition to Costco Wholesale Corporation (NASDAQ:COST), Walmart Inc. (NYSE:WMT), and Berkshire Hathaway Inc. (NYSE:BRK-B), The Procter & Gamble Company (NYSE:PG) ranks as one of the safest stocks to invest in.
The Magnificent Seven stocks are a group of high-performing and influential companies in the U.S. stock market: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla. Bank of America analyst Michael Hartnett used the film name in 2023 when commenting on these seven firms.
The three safest investments are savings accounts, CDs and Treasury bonds.
- Stocks.
- Real Estate.
- Private Credit.
- Junk Bonds.
- Index Funds.
- Buying a Business.
- High-End Art or Other Collectables.
- Bonds.
- Dividend stocks.
- Utility stocks.
- Fixed annuities.
- Bank certificates of deposit.
- High-yield savings accounts.
- Balanced portfolio.
- Stock to buy today: NCC (₹170.70): BUY.
- Stock to buy today: EIH (₹265.55): BUY.
- Stock to buy today: VIP Industries (₹652.90) – BUY.
- Stock to buy today: Star Cement (₹165): BUY.
- Stock to buy today: Sunteck Realty (₹450.60): BUY.
- Stock to buy today: KPR Mill (₹776): BUY.
- Stock to buy today: IFB Industries (₹892.60)
- Indian Energy Exchange Ltd.
- Central Depository Services (India) Ltd.
- Aptus Value Housing Finance India Limited.
- Five-Star Business Finance Ltd.
- ICICI Securities Ltd.
- Easy Trip Planners Ltd.
- Eris Lifesciences Ltd.
- CE Info Systems Ltd.
| Stock | Forward price-to-earnings ratio (P/E) |
|---|---|
| Costco Wholesale Corp. (COST) | 40.0 |
| CrowdStrike Holdings Inc. (CRWD) | 73.8 |
| Enphase Energy Inc. (ENPH) | 25.3 |
| Microsoft Corp. (MSFT) | 30.0 |
- Rivian is finally hitting its production targets.
- SentinelOne aims to disrupt the cybersecurity market with its AI algorithms.
- IonQ is a speculative bet on the nascent quantum-computing market.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Authum Invest | 899.80 |
| 2. | Raj Rayon Inds. | 25.25 |
| 3. | Praveg | 945.60 |
| 4. | Waaree Renewab. | 5383.05 |
Which stock will go high in 2023?
| Stock Symbol | Market Price Rs | 1-year Returns (%) |
|---|---|---|
| EICHERMOT | 3,000.05 | 21.08 |
| ICICIBANK | 884.50 | 20.04 |
| COALINDIA | 220.30 | 18.26 |
| ULTRACEMCO | 7,643.00 | 14.54 |
All you do is divide 72 by the fixed rate of return to get the number of years it will take for your initial investment to double. You would need to earn 10% per year to double your money in a little over seven years.
- Real Estate Investing via Arrived: My favorite way to turn $50k into $100k is through real estate investing with Arrived. ...
- Index Funds through Acorns: ...
- Passive Income Generation with ETFs: ...
- Direct Real Estate Investments: ...
- Investing in REITs: ...
- Mutual Funds Investments: ...
- Blogging for Profit: ...
- House Flipping Ventures:
A well-constructed dividend portfolio could potentially yield anywhere from 2% to 8% per year. This means, to earn $3,000 monthly from dividend stocks, the required initial investment could range from $450,000 to $1.8 million, depending on the yield. Furthermore, potential capital gains can add to your total returns.
As you will see, the future value of $3,000 over 20 years can range from $4,457.84 to $570,148.91. This is the most commonly used FV formula which calculates the compound interest on the new balance at the end of the period.
