The Smartest Way to Invest $5,000 in a Trillion-Dollar Stock Over Private Space Rivals
Forget the private space race -- this trillion-dollar chipmaker may be the smartest way to invest in the future of space.
Overview
The potential of the space industry can be attractive to many retail investors. The problem, though, is that the flashiest names in space, like Jeff Bezos's Blue Origin and a wave of rocket and satellite start-ups, share one big flaw for ordinary investors: They are privately held. You cannot buy their shares unless you're an insider, a venture capitalist, or a deep-pocketed accredited investor with the right connections.
Moreover, those shares are illiquid, and each is an all-or-nothing bet on a relatively unproven venture. Chasing them is mostly wishful thinking for the average retail investor.
Details
However, if you have $5,000 to put to work and you want exposure to the space sector, I would suggest going in a different direction. The smartest move may be to buy a less-hyped trillion-dollar company whose chips quietly power nearly every satellite, rocket, and missile flying today: Taiwan Semiconductor Manufacturing (NYSE: TSM).
Source
Originally published at www.fool.com.