# How I’d Invest $10,000 Today If I Had to Start From Scratch Related Topics What one considers to be a sizeable capital amount is a subjective notion. This is dependent on a wide range of factors that includes one’s net worth, annual income, and expenditure.$10,000 is an amount that may be hefty for many, and petty cash for the super-rich. However, for those who have just started in the investment world, $10,000 is an ample amount of saving. For this reason, a beginning investor starting from scratch would need to be highly intentional and strategic about what to include in their long-term portfolio of financial assets. In this article, we attempt to shed light on the best approach one could take. We select four high-potential stocks from vastly distinct industries, that could drive your future net worth to new heights. A portfolio that is well-diversified would ensure minimum risk, whilst delivering high growth. Table of Contents ##$10,000 Investment in Brookfield Renewable Corporation

Whenever looking towards the future, it is hard to sideline the renewable energies industry. Even more difficult is to ignore a rising star as good as Brookfield Renewable Corporation (NYSE: BEPC). When the company released its first-quarter earnings for 2022, it showed remarkable improvement in its financial performance. Its funds from operations (FFO) during the period had climbed by 18% on a year-on-year basis.

In fact, BEPC management is optimistic about committing to up to 20% FFO growth right through 2026. It has laid out multiple levers through which it shall execute its strategy of attaining such growth. These levers include inflation escalations embedded within its contracts, as well as margin enhancement strategies. This makes BEPC an extremely robust and inflation-proof stock to hold, especially amidst recessionary fears. It also aims to strengthen its portfolio through mergers and acquisitions. Through this, it could create synergies and facilitate business expansion.

Moreover, BEPC remains extremely secure in terms of short-term volatilities. This is because its average power purchase contract has a term period of above 14 years. This makes the company’s prospects secure and stable. This is critical for an early investor who does not want their capital to sink immediately.

What draws me so much to Brookfield Renewable, however, is the inevitability of its growth. It is a company positioned to win with the lowering of renewable costs, and the trend towards decarbonization. With the trillions of dollars continuously poured into renewables, the company’s addressable market sees a direct expansion over time. For someone with $10,000 committed to a particular stock, such growth prospects are extremely enticing. Moreover, its dividend growth has seen a 6% increase since 2013 on a consistent basis. For one looking to grow their portfolio, dividend payments could multiply such growth significantly. This would be the case when dividends are reinvested into the stock. ##$10,000 Investment in ChargePoint Holdings

The next stock we propose is in an extremely high promise area of the future, which is electric vehicles. There is no doubt the EV market is well on its way to dominating road transport within the next few decades. What we bring forward under this category is not an electric vehicle stock, but that of an EV charge station. Charge station stocks are far more likely to thrive as compared to EV manufacturing stocks. The reason is a lower competitive risk, and being immune to consumer preference shifts. Charge stations will always be in, given that they serve the critical infrastructural environment for EVs to function within. This would be regardless of which electric vehicle company dominates the roads.

The stock we propose in light of the above argument is ChargePoint Holdings, Inc. (NYSE: CHPT). It is perhaps the best option amongst EV charge station stocks because of its large scale, robust business model, and low valuation given the present bearish market conditions. Due to these conditions, CHPT remains one of the most dominant EV market players, whereas competitors continue their struggle to leave their mark. ChargePoint holds a total of 188,000 charging stations across the globe. Additionally, it has signed deals with Four Seasons, Marriott as well as Mcdonald’s.

## Conclusion

Each of the stocks presented above offers great investment opportunities for one to jumpstart their rise towards a six-figure portfolio value. The first investment one makes typically determines the future net worth, and hence the entire life story of the individual. For this reason, we have proposed stocks with the highest possible growth potential and lowest risk. Our list of recommendations is based on where the future world is headed, and which stocks are likely to dominate on the basis of that forward-looking direction. This would ensure a safe portfolio that would generally be immune to short-term volatilities.

## Cyclical Stock – Identifying and Trading Cyclical Stocks for Profit

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