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January 14, 2023

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

This article was originally published at Moneymorning.com

On your way to work, you probably don’t think about the financing of your day-to-day expenses, but the cost of buying your transportation is no exception to the rule. On average, Americans put down more than $8,000 per year for transportation costs, including vehicle insurance, gas and maintenance, according to The Economist.

Experts estimate that transportation spending could account for 10% to 20% of total household spending in the next decade or two. Other potential expenditures for some future consumers that are too expensive to think about now include college, paying off student loans and mortgages, and paying credit cards.

Being smart about the costs of transportation is a good way to maximize the money you spend on daily living expenses. It can even enable you to save more money than you ever thought possible—something that can bring a smile to your day-to-day life.

Some people choose to put their money toward higher education by taking out a private loan, while others save for retirement by using an auto loan or taking out a personal loan. Today we will focus on those who decide to invest in their transportation by getting a personal loan.

Investing in long-term transportation projects requires a large portion of your investment portfolio to work toward a desired goal. You can make the investment even larger by taking out a loan for your family’s transportation needs.

Here are 10 potential stocks for your portfolio for transportation investment that can have a great impact on your quality of life in the near future:

1. General Motors

General Motors is the largest automobile manufacturer in the United States. GM makes cars, trucks, and SUVs as well as commercial trucks, trucks, and bus chassis. Of the automaker’s products, about 10 million are sold in the United States.

GM is a relatively new

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HD Online Player (falkovideo Safe Mail Netgolkes) 🔷

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