Hey guys! I’m planning to invest 5k into the market. Which type and sector should I invest?

Hey there ! I'll be acting as a black horse here as compared to the others who gave their suggestions. I don't like ETFs and I will only recommend you buy them if you don't have time to study each stock. I wrote an article about it if you are interesting in reading why.

Investing isn't difficult, you don't need to have high IQ to do well. All you need to do is find great companies and buy them at a reasonable price. Read their financial statements, see that they are growing their earnings and revenue year on year.

Starting with 5k, if you are going for income I'd say , buy 1 bank stock, and with the remaining capital, buy REITs and companies that grow their dividends year on year, I.E. MIT, MCT, SATS, VICOM, SBS Transit, etc.

If you are going for long term growth, you'll need to do more researching and studying, and buy small cap stocks that have wonderful financials but are severely undervalued, i.e. Fu yu corp.

If you wanna learn more you can check out my website where I share investment related articles !

It is very risky when an individual simply says "I have $x and I want to invest."

First of all, you must educate yourself on the general knowledge on investing. Since you are able suggest sector is an area to look for, I believe you must have read up on investing.

Next, you really need to know what is your risk level and what type of investment suits you. Whatever that we suggest and share here might not be suitable for you. For example, we can take $1k and identify 5 under value stocks which may grow over the next few years, or we can invest the $1k, each in 5 different dividend stocks that will generate dividen income.

Hi K Millennial, instead of putting 1k into each stock, I'd suggest buying low costs, global diversified ETFs that gives your exposure to different sectors, different types. Then slowly DCA your 5k into your ETFs.

There is no specific ways to invest in the market. It all depends on how well you know the sector and type. I would recommend to diversify into etfs if you are not sure.