Is $10K enough to make a big difference in your investment return rate? In ERE book, he says it doesn't pay to hunt the best returns in stock investments until you have a relatively large asset base you're trading.
At $10K, there may be other more lucrative ways to grow the nest egg...
I'm thinking about arbitrage opportunities in consumer goods...can you buy bikes or furniture and refurb them? cars? could it be easy to buy an undervalued $100 piece of furniture, clean it, and sell it on craigslist for $200 than to try to beat the market and get 100% gains?
That's something I'm considering looking into until I have ~$50K in cash assets to invest..
Running numbers: $10K @ 10% return gets you $100, vs. $10 at 1% in a savings account. I'm thinking there are easier ways to make $90 profit than trading stocks..that $90 could be eaten up by comissions too..and taxes. When you move to $50K, you get a $450 delta, which is more worthwhile, but maybe still not "worth it" depending on how hard/long you have to work to get that 10% return.
Just my $0.02..
Disregard what's ^^^^^^^^^^^ (I was asleep at the wheel in my math)