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I have some extra money and would like to take a risk. I would like to gamble with 20k and hold for about 5 years. Apple is probably a safe bet, anyone have any other suggestions?
None. No company is immune to potentially having serious problems over a 5 year period. Put it somewhere and monitor it. The stocks already mentioned are all good, but you still have to monitor them.
Taking a risk with a 5 year time frame. RPC Inc (RES). Though you would have to live with the fairly good possibility that sooner or later, it would be bought out.
I would never buy just one stock with this money and least of all Amazon, not that they haven't had a tremendous run, but I wouldn't buy it here. But for the purposes of your question..... Humm…. One stock, 5 years ---- give me Cisco.
Since this is extra money you want to gamble with I would pick Ford (F). The stock is low right now and it is paying dividends at over 6%.
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