Advertisement

If I Had $5,000, This Is How I'd Invest It

If I Had $5,000, This Is How I'd Invest It

If you find yourself with some extra cash to invest, I recommend looking for outstanding businesses with competitive advantages that have the opportunity to compound their gains for many years. Etsy (NASDAQ: ETSY) and Roku (NASDAQ: ROKU) fit this description. Both of these companies possess platform business models that are driven by powerful network effects, which is arguably the best type of economic moat a company can have.