When investors think about investing $1,000 in the stock market, they often look for stocks that they can buy for less than $10 a share. The allure of finding a 10-bagger (a stock that grows ten times above your purchase price) is irresistible.
But if you’re new to the market, you should understand that the potential for a great reward often comes with a greater risk than you want to take. And even the best stocks may take several years to come to fruition.
