https://money.usnews.com/investing/buy-and-hold-strategy/slideshows/7-investments-to-make-with-your-tax-refund?src=usn_invested_nlSmart ways to invest your tax return.
The average federal tax refund is about $2,800, although some taxpayers may receive slightly less this year under the new tax law. With a few thousand dollars, investors can opt for mutual funds or exchange-traded funds because of the diversification these funds provide, says Rich Messina, senior vice president of investment product management of E-Trade, a New York-based brokerage firm. "ETFs likely hold more appeal when you're working with a relatively small chunk of change." Here are seven stocks or ETFs to invest your tax refund in for the long term.
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