Here's how I'd invest $10,000 today

This is how I'd invest $10,000 today.

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The prices of shares are changing everyday thankfully. This provides ample opportunity for us as investors to buy shares at a discount if we're able to take advantage of the opportunity.

If I were given $10,000 today, this is how I'd do it:

UBS IQ Asia ETF or UBS IQ MSCI Asia APEX 50 Ethical ETF (ASX: UBP) – $2,000

This exchange-traded fund (ETF) has fallen by around 8% in recent times due to worries regarding trade wars between the US and China.

Many experts actually believe that China could be the bigger loser from the trade wars, which has sent many of the constituents of the ETF down.

However, I believe that Tencent, Alibaba and Samsung are going to be winners over the next decade thanks to a growing Chinese middle class and the importance of technology in our lives. That's why I think the current weakness makes this ETF an attractive option.

Paragon Care Ltd (ASX: PGC) – $3,000

Paragon is a small cap healthcare business that provides equipment, devices and beds. Its main customers are hospitals and aged care providers. Both of these groups are expected to see a big rise in patients and residents over the coming years due to the ageing demographics.

The company is utilising a clever acquisition strategy to purchase other healthcare suppliers that provide other products that Paragon didn't already offer. This means it can offer more of its customers' needs on one purchase platform.

Paragon could be on track to grow earnings per share (EPS) by more than 20% in FY19.

Costa Group Holdings Ltd (ASX: CGC) – $2,500

Costa is a fast-growing food business that produces berries, tomatoes, citrus fruit, mushrooms and avocadoes.

It's down by almost 15% since its all-time high on 21 June 2018, which has improved its value considerably. The company is undertaking a variety of strategies to grow its profit, leading to its underlying profit is expected to grow by 25% in FY18.

It's now trading at 25x FY19's estimated earnings, which I think is good value.

WAM Global Limited (ASX: WGB) – $2,500

I have a lot of respect for Wilson Asset Management's investment process which has led to outperformance of its various listed investment companies (LICs) with ASX shares.

I think this LIC has the potential to be a good market-beater because of how many different opportunities it can invest in. There are thousands more options to invest in and WAM Global only needs to identify a few dozen of them to do well.

Many Australians don't have enough exposure to international shares and I think WAM Global is a good way to solve that problem.

Foolish takeaway

All of these shares have good long-term potential in my opinion. Each of them could be volatile, however successful investing is all about being patient through volatility.

Motley Fool contributor Tristan Harrison owns shares of COSTA GRP FPO, Paragon Care Limited, and WAMGLOBAL FPO. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO. The Motley Fool Australia has recommended Paragon Care Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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