How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024 (2024)

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Jessie Moore has been writing professionally for nearly two decades; for the past seven years, she's focused on writing, ghostwriting, and editing in the finance space. She is a Today Show and Publisher's Weekly-featured author who has written or ghostwritten 10+ books on a wide variety of topics, ranging from day trading to unicorns to plant care.

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Want to know how to invest $60k? Or maybe how to invest 70k?

First off, good job. You’ve got a significant chunk of change on your hands, so you’re doing something right.

But what now? It’s a lot of money. You don’t want to squander it.

If you’re curious about what is the best investment for 60k (or even where to invest $70k) you’re in the right place. In this article, we’ll look at the most important principles about how to invest 60k wisely, as well as the best places to invest 60k wisely.

Where to Invest $70K (or $60K): The Bottom Line

While $60-70K is a lot of money, it traditionally hasn’t been able to get you far in assets like real estate, fine art, or private equity. But this is the 21st century, and there’s an app for all of that.

As you’ll see in this article, the best way to invest 60K isn’t FOMO-ing your funds into a single stock — it’s about diversifying with fractional investments that go beyond the stock market.

How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024 (3)

Let’s look at the best ways to invest 70k while keeping a rainy day fund and maximizing your long-term growth potential. (Note: Are you slightly under the amounts we’re talking about in this article? Click over if you want to focus on the best way to invest $50K.)

At-a-Glance: How to Invest $60k or $70k

Here’s a quick glance at some of our favorite platforms for investing:

For stocks and ETFs




For fractional real estate

Yieldstreetand Arrived Homes

For high-yield savings

M1 Finance

For private credit investing


For bonds

U.S. Treasury, or check out Public

For fine art


For robo-investing


For paying off debt


For investing in private businesses

Equitybeeand Mainvest

For crypto


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

What’s the Best Way to Invest $70K (or Even $60K)?

If you want to know how to invest 70K, or how to invest 60K, here are our top suggestions:

1. Invest in Fine Art

Much like investing in real estate, investing in fine art has been the province of the very wealthy for a very long time. In recent years this has changed with the appearance of platforms like Masterworks.

Masterworksoffers you the opportunity to buy fractional shares of artwork. The platform does all of the hard work: it purchases an artwork, holds it for some time as it appreciates in value, and then sells it giving you a part of the proceeds based on your investment.

The platform is available to everyone — not just accredited investors. To get started, register and request an invitation. If you meet their requirements, you’ll gain entry.

Masterworks’ $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat. In just the last few years, its investors have realized annualized net returns of 17.8%, 21.5%, 35%, and more from these opportunities.

Check out Masterworks

2. Invest in Stocks and ETFs

Stocks are considered one of the best ways to invest with just a few thousand … One of the best ways to invest $50k … Or 60K, or even higher. They can be very versatile as they come in many shapes and sizes. You can get some if you have basically no risk tolerance by looking for blue-chip companies like Apple (NASDAQ: AAPL)and Coca-Cola (NYSE: KO).

You could also try and get some staggering growth by following volatile penny stocks.

Stocks do, however, have some drawbacks. For one, there are no guarantees in the stock market. Active trading can also get quite expensive with taxes, broker fees, and similar annoyances.

Fortunately, these days, there are plenty of low or no-commission brokers that let you buy and sell stocks on the cheap and with ease (sometimes even on apps).

I prefer eTorowhich charges no commissions on trades and offers a neat sign-up bonusto new US-based users.

eToro also offers another way to invest in stocks — exchange-traded funds (ETFs). ETFs are basically bundles of stocks that attempt to match a certain benchmark. Like stocks, they come in many shapes and sizes and be a fit no matter what your needs are.

Check out eToro

eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

3. Invest in Real Estate

You don’t need to buy a whole house or building to be a real estate investor. Today, one of the best ways to invest $70k (or at least a portion of it) is through less active investments such as REITs or fractional real estate.

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REITs (real estate investment trusts) are one of the ways you can invest $70k in real estate. This is a form of investment where you buy a security in a company that owns various properties and get some of their profits as returns. You can do this with several platforms like eToro.

Need help finding REITs? WallStreetZen has a number of screeners to help you find great opportunities, including a Best Residential REITs screener, a Best Diversified REITsscreener, and more.

To learn more about REITs, check out our comprehensive REIT vs stocksarticle.

Explore REITs on eToro

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Fractional Real Estate

You can also go for fractional real estate ownership, which lets you invest in a portion of a property or properties.

Platforms like Yieldstreetenable accredited investors to band together and own fractions of real-world propertylike industrial, office, and storage spaces, as well as various kinds of single and multi-family rental properties.

Find out more: Read our comprehensive Yieldstreet review.

Check out Yieldstreet

Not accredited yet? You can also access this form of investment if you are not an accredited user with Arrived Homes.Arrived focused on investing in residential and vacation rental properties for as little as $100.

Find out more: Read our comprehensive Arrived Homes review.

Check out Arrived Homes

4. Invest in a High-Yield Savings Account

While traditional banks tend to offer poor interest rates on your savings accounts that guarantee your money will be eaten by inflation, this is usually due to them having to meet the costs of running physical locations.

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Fortunately, it isn’t too difficult to find a high-yield savings account online nowadays. M1 Finance, for example, offers one of the best APYs out there.

Currently, M1 Finance offers 5% APY for qualifying high-yield savings accounts.

With an APY higher than most savings accounts, you’ll be better-able to keep up with high inflation and have some money readily available in case of an emergency.

Note: You do have to be an M1 Plus member to unlock this rate. But if you’re interested in M1’s other offerings like automated investing, it’s a fairly small investment that will offer you a lot of other investing opportunities.

5. Invest in Private Credit

Private credit is a great way to diversify your portfolio as it is detached from the broader public market. It has excellent growth potential —plus, private credit APY can be as high as 20%.

This form of investing entails offering a credit line to small businesses and startups. These loans are commonly solidly collateralized in multiple ways.

This is also one of the best ways to invest $60k — or at least part of your money. The loans are generally short-term (averaging 9 months) meaning you can remain agile and adjust your strategy based on current market conditions.

If you are an accredited investor, Percentspecializes in giving retail investors the opportunity to invest in private credit.

Here are just 3 reasons why we love Percent (for more, check out our extensive Percent review):

  • Percent offers exposure to a variety of debt and blended note portfolios, without fees on individual deals.
  • The company partners with quality corporate borrowers, many of whom originate loans to small businesses and consumers, which are then funded by you. You simply sign up, pick a private credit deal you like, and invest.
  • As of April 2023, Percent had averaged a 16% APY and the average duration is 9 months. More than $28 million in interest has been paid out since 2019.

How do Percent’s fees work? Percent charges variable fees depending on the investment product.For direct deals, 0% management + a % of yield For managed products like Percent Blended Notes, 1% management + a % of yieldFor example, if a deal paid 15% APY and the fee charged was 10% of interest, your effective APY is 13.5% after fees.

Check out Percent

6. Invest in Bonds

Bonds come in many varieties both in terms of duration and the issuer so you can pick the ones that best suit your needs.

In today’s climate, the US government’s I-bonds are an interesting option. They are designed to protect investors against inflation and their interest rates have two parts:

  • Fixed interest rate
  • Interest rate tied to inflation.

Currently, I-bonds pay a 4.30% interest rate and the latest CPI print came in at 3.2%.

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The variable part of the interest rate is adjusted every six months and you can hold them up to 30 years. There is, however, a small penalty if you redeem them in the first 5 years.

You can buy these bonds directly from the US Treasury as long as you are a US citizen.

But I’ll be honest — the US Treasury site is tough to navigate. If you’re interested in t-bill investing (treasury bills, or short-term U.S. gov’t debt obligations backed by the Treasury with a maturity of a year or less), investing platform Public makes it easy. You can actually create a treasury account and even create recurring investments to take advantage of the currently-impressive interest rates available.

Check out Public

7. Invest With a Robo-Advisor

While investing in individual stocks, bonds, and ETFs can be very rewarding and fun, let’s be honest, it can also be a big hassle and you can make plenty of costly mistakes.

This is why I like to keep a decent chunk of my investments with a robo advisor. So, what is a robo advisor?

Essentially, it is an automated system that uses an algorithm to offer investment advice based on your preferences. It is like having a personal financial expert at your disposal 24/7 but at a fraction of the cost.

I personally like Bettermentdue to its great design, the multitude of options, and very low fees. It charges you 0.25% of your investment annually for its services compared to the 1% (or higher) most financial advisors would take.

Check out Betterment

8. Pay Off Debt

High-interest debt such as credit cards comes with an APY of more than 20%. Just like high broker fees and taxes can stifle your portfolio, debt can cripple your ability to invest in the future.

This makes paying off debt a great way to invest as much of your $70k as you can as, in many ways, money saved is like money invested.

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Ultimately, however, the best way to handle bad debt is to avoid it and there are many tools that can assist you with the endeavor.

Empower, for example, offers a free dashboard with lots of cool tools to help budget better which can help reduce debt, such as a FREE budget planner and investment checkup tool.

Check out Empower

9. Invest in Businesses

Investing a part of your $60k in a private business is a great way to add some additional diversity into your portfolio and the rewards of getting in so early that the company isn’t yet on the stock market can be immense.

If you are an accredited investor, Equitybeeis probably the best option for investing in private companies. It features hundreds of businesses that range from tiny startups to behemoths like Reddit that have simply never gone public.

It also offers a nice overview to its users helping them choose the best investment with relative ease.

Check out Equitybee

If this sounds enticing and you are not an accredited investor, fear not! Mainvestis another great platform that features a very nice selection of private businesses.

Still, you should keep in mind that Mainvest isn’t exactly the same as Equitybee. Its main focus is to help crowdfund small, local, brick-and-mortar businesses making it a good pick for activist investors as well.

Additionally, it has a strict vetting process for which companies it will list on its platform and a rather high target return rate of 10-25%.

Check out Mainvest

10. Invest in Crypto

Crypto is a wild card. Its rewards can be immense, but so is the risk.

Some cryptos can explode very quickly and turn less than a hundred bucks into millions. Others can (and this is far more common) plummet to nearly $0 and just stay there forever even if they appear large and stable at the moment.

Despite this, as long as you don’t venture anything you aren’t willing to lose, I do recommend putting a little bit into crypto as it can be very rewarding – and who knows, maybe Michael Saylor is right and Bitcoin is the complete future of money.

How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024 (11)

Still, as the SEC and the CFTC are only now looking to seriously police crypto, you need a trustworthy platform to trade it, and I’d, frankly, again recommend eTorofor it.

The watchdogs have been stamping down on many crypto exchanges with ongoing disputes with major firms like Binance and Coinbase.

Online brokers that offer cryptos have, however, so far been mostly spared and eToro has up to this point made an effort to be proactive with regard to staying compliant making it a rather good pick.

Check out eToro

eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

How to Invest $60K to $70K: Important Things to Consider


One of the first things you need to decide when figuring out where to invest $60K? Your goals. They could be anything, from ensuring a steady supply of high-quality dog food for your pup to getting a fancy new house to early retirement.

Don’t be afraid to dream — but keep your feet rooted to the ground by considering some pragmatic stuff:


A big part of finding the best way to invest $60 or $70K is finding out where to invest it – and no, not everything has to go in the same place. One of the key parts of investing is asset allocation.

Perhaps the best-known example of this is the old 60/40 portfolio – 60% of your money goes into stocks and 40% into bonds.

Obviously, stocks and bonds aren’t the only assets available, and 60/40 is not the only way to divvy up your money but some mix of allocating to risky, safe assets, and a savings account is probably what you are gunning for.

Time Horizon

The time you are working with will have a major impact on where to invest $60 or $70k. If you have decades ahead to build your portfolio, you can afford to take on more risk.

While stocks don’t always offer the smoothest sailing, the stock market has been on a significant uptrend since it was first opened.

On the other hand, if you are very close to retirement, you might prefer playing it safe with bonds or real estate.

Investing Style

Are you a level-headed finance nerd? Doing some fast-paced day trading might be the right way to invest your $70k.

For example, if you have limited time and prefer not to think too much about what your money is doing, check out automated investing on M1 Finance, or build a dividend portfoliowhere you reinvest what you earn.

Risk Tolerance

Basically, this boils down to how okay you are with potentially losing money.

If you feel the jitters every time the market makes a sudden move and can’t resist impulsive buying or selling, penny stocks or crypto might not be for you. You might want to stick with REITs or growth stocks on a platform like eToro.

Final Word:

Investing $60 or $70k isn’t really that difficult all things considered. The truly important part is knowing your options (I hope I got you covered right here) and your goals (and that is up to you).

Ultimately, focus on these key principles:

1. Diversify

2. Keep things relatively simple

3. Invest in what feels right to you and is aligned with your risk tolerance and goals

4. Always do your due diligence

Armed with the high-quality options we’ve discussed in this post, you’re well on your way to smarter investing.

This article is sponsored by Masterworks, LLC. See important disclosures at

Empower Personal Wealth, LLC (“EPW”) compensates for new leads. is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.


How much interest will $60,000 earn in a year?

$60K can earn anywhere between about $60 with a regular savings account in a bank and $6000+ if you manage to match or beat major indices like the S&P 500. As a rule of thumb, the more risk you take on, the higher your possible APY.

How to flip 60K to 100K?

The best way to flip $60k into $100k is by investing your money. There are many ways to invest and the best choice for you will depend on how risk-tolerant you are and how long you have to double your money.

How much money do I need to invest to make $3000 a month?

You’d need about $360,000 to make $3,000 a month if you manage to consistently match the average return rate of about 10% of major market indices like the S&P 500.

What to do to invest $50K?

To invest $50k you only need to find a broker of your choice and open an account. A good jack of all trades for stocks, ETFs, and crypto is eToro while Betterment is one of the best robo advisors out there and probably the best choice for the majority of investors.

Where to Invest $1,000 Right Now?

Did you know that stocks rated as "Buy" by the Top Analysts in WallStreetZen's database beat the S&P500 by 98.4% last year?

Our March report reveals the 3 "Strong Buy" stocks that market-beating analysts predict will outperform over the next year.

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How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024 (12)

About the author

Andreja Stojanovic


How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024 (2024)


How to Invest $60k-$70k - 10 Best Ways to Invest $60,000-$70k in 2024? ›

To potentially turn $10k into $100k, consider investments in established businesses, real estate, index funds, mutual funds, dividend stocks, or cryptocurrencies. High-risk, high-reward options like cryptocurrencies and peer-to-peer lending could accelerate returns but also carry greater risks.

What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:
  • Money market funds.
  • Dividend stocks.
  • Bank certificates of deposit.
  • Annuities.
  • Bond funds.
  • High-yield savings accounts.
  • 60/40 mix of stocks and bonds.
May 13, 2024

How to turn $10 000 into $100 000 fast? ›

To potentially turn $10k into $100k, consider investments in established businesses, real estate, index funds, mutual funds, dividend stocks, or cryptocurrencies. High-risk, high-reward options like cryptocurrencies and peer-to-peer lending could accelerate returns but also carry greater risks.

How to invest $50,000 dollars for quick return? ›

7 Best Ways to Invest $50,000
  1. High-Yield Cash Account. Considered one of the safest investments, a high-yield cash account can potentially keep your money safe. ...
  2. Tax-Advantaged Investment Account. ...
  3. Taxable Investment Account. ...
  4. Real Estate. ...
  5. I-Bonds. ...
  6. Precious Metals. ...
  7. Alternative Assets.
May 15, 2024

Where is the safest place to put your retirement money? ›

Below, you'll find the safest options that also provide a reasonable return on investment.
  1. Treasury bills, notes, and bonds. The federal government raises money by issuing Treasury marketable securities. ...
  2. Bond ETFs. There are many organizations that issue bonds to raise money. ...
  3. CDs. ...
  4. High-yield savings accounts.
May 3, 2024

What is the best investment in 2024? ›

Overview: Best investments in 2024
  1. High-yield savings accounts. Overview: A high-yield online savings account pays you interest on your cash balance. ...
  2. Long-term certificates of deposit. ...
  3. Long-term corporate bond funds. ...
  4. Dividend stock funds. ...
  5. Value stock funds. ...
  6. Small-cap stock funds. ...
  7. REIT index funds.

How to get 10% return on investment? ›

Investments That Can Potentially Return 10% or More
  1. Stocks.
  2. Real Estate.
  3. Private Credit.
  4. Junk Bonds.
  5. Index Funds.
  6. Buying a Business.
  7. High-End Art or Other Collectables.
Sep 17, 2023

How to turn 10K into 100K in 6 months? ›

Let's have a look at the best ways to turn your 10k into 100k:
  1. Invest in Real Estate. ...
  2. Invest in Cryptocurrency. ...
  3. Invest in The Stock Market. ...
  4. Start an E-Commerce Business. ...
  5. Open A High-Interest Savings Account. ...
  6. Invest in Small Enterprises. ...
  7. Try Peer-to-peer Lending. ...
  8. Start A Website Blog.
May 15, 2024

How can I double my $1000? ›

Here's how to invest $1,000 and start growing your money today.
  1. Buy an S&P 500 index fund. ...
  2. Buy partial shares in 5 stocks. ...
  3. Put it in an IRA. ...
  4. Get a match in your 401(k) ...
  5. Have a robo-advisor invest for you. ...
  6. Pay down your credit card or other loan. ...
  7. Go super safe with a high-yield savings account. ...
  8. Build up a passive business.
Apr 15, 2024

How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

How can I double $5000 dollars? ›

To turn $5,000 into more money, explore various investment avenues like the stock market, real estate or a high-yield savings account for lower-risk growth. Investing in a small business or startup could also provide significant returns if the business is successful.

What to do if you're 60 with no retirement savings? ›

Consider Part-Time Work

Income from part-time work coupled with your Social Security benefit could be all you need to live comfortably. It will certainly make your savings go further. More retirees are opting for this type of arrangement than have in previous generations.

Where should I put my money instead of a 401k? ›

Good alternatives include traditional and Roth IRAs and health savings accounts (HSAs). A non-retirement investment account can offer higher earnings but your risk may be higher. Investment accounts don't typically come with the same tax advantages as retirement accounts.

Where is the safest place to roll over 401k? ›

Best online brokers for a 401(k) rollover:
  • Charles Schwab.
  • Wealthfront.
  • E-Trade.
  • Fidelity Investments.
  • Betterment.
  • Firstrade.
  • Interactive Brokers.
  • Merrill Edge.
Apr 1, 2024

What is the most safest investment right now? ›

Overview: Best low-risk investments in 2024
  • Short-term certificates of deposit. ...
  • Series I savings bonds. ...
  • Treasury bills, notes, bonds and TIPS. ...
  • Corporate bonds. ...
  • Dividend-paying stocks. ...
  • Preferred stocks. ...
  • Money market accounts. ...
  • Fixed annuities.
Apr 1, 2024

How to earn 10% interest per month? ›

Here's my list of the 10 best investments for a 10% ROI.
  1. How to Get 10% Return on Investment: 10 Proven Ways.
  2. High-End Art (on Masterworks)
  3. Invest in the Private Credit Market.
  4. Paying Down High-Interest Loans.
  5. Stock Market Investing via Index Funds.
  6. Stock Picking.
  7. Junk Bonds.
  8. Buy an Existing Business.
Feb 1, 2024

What is the safest investment to not lose money? ›

Types of low-risk investments
  • Short-term certificates of deposit. ...
  • Money market funds. ...
  • Treasury bills. ...
  • Treasury notes. ...
  • Treasury bonds. ...
  • Treasury Inflation-Protected Securities. ...
  • Corporate bonds. ...
  • Dividend-paying stocks. While dividend-paying stocks are popular among investors, there's no such thing as a truly low-risk stock.
May 8, 2024

Which investment is best for high returns? ›

Best Investment Options in India 2024 to Get High Returns | Best Investment Plans 2024
  • Real Estate: ...
  • Fixed Deposit (FDs): ...
  • Public Provident Fund (PPF): ...
  • National Pension System (NPS): ...
  • Systematic Investment Plans (SIPs): ...
  • Gold: ...
  • Government Bond & Scheme: ...
  • Cryptocurrency:
May 14, 2024


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