Where to Invest Your Money in 2019
2018 wasn’t the best year where investments were concerned. Unfortunately, investors didn’t often see the return they were looking forward to during last year, but 2019 is already set to be much better. Price to sales ratios of stocks are at an all time high and markets are looking a lot more investment worthy than they were. So, where can you put your money in 2019?
Where’s the best place to put your money in 2019? Well, arguably the best place is always going to be in your future. You can make additional contributions to your pension, pay taxes early so you aren’t left with huge bills or add to 401ks. If you’re self-employed, you may want to invest in your own savings. If you don’t make money while you take vacations, it’s a good idea to put money aside for those times to cover your expenditures and the cost of your vacation.
Everyone is an entrepreneur these days. Sadly, 1 in 8 businesses fail in the first year. However, every now and then, a business idea comes along that has the potential to fly. If you’re good at recognising businesses that fill a gap in the market, it could be a good idea to invest. That doesn’t mean you have to get involved with the business; it just means you invest your money in a business in the hopes of seeing a profit within a certain time frame. It’s a risk, but if the business takes off, it could be a risk that pays off again and again.
Real estate has always been a great option for investment. Whether you buy to let commercial property, invest in a rental vacation home or look into real estate investment trust funds, it’s all a huge learning curve. It’s a well-known fact that the more experience you have with real estate, the better chance you have at making a significant profit. However, that shouldn’t mean that beginners can’t have a go. Start off with small properties and learn the ropes until you’re ready to take a higher risk.
Investments don’t always have to be about money. One of the best investments you can make in life is the investment of time in your career. You may here big success stories about people making tons of money after investing in stocks, but people rarely take notice of the stories that report the same people losing a great amount of money doing the same thing. When your financial investments don’t work out, the time you’ve invested in your career will be the saving grace. And, it’s far less of a risk!
Crowdfunding is an excellent way to invest in any kind of venture. Whether it’s property or business, you can stand back and watch your money grow. Choose something that suits you and invest as little or as much as you like. The amount you profit and the time it takes to see a return will differ, but it’s a great way to start learning about investment.
All kinds of investments are risks, but what is life without a little risk?