Investment Opportunities for Beginners in 2021

Where should you place your money in a post-pandemic world?

The modern world is tense with uncertainty. With the World Bank predicting only 6% growth In the coming year, we are all flying by the seat of our pants when it comes to finances. Some of us, of course, are finding it more difficult than others.

With the past 15+ months having unleashed turmoil across the majority of sectors, we thought it time to turn our attention to where the best places might be to invest, in this coming year.

Where to Hedge your Bets in 2021

Without further speculation, let’s get down to what the figures say. Where should we be turning our investment portfolio’s attention in the coming months?

1 – Property

Unlike the fluctuations caused by currency or the dips in gold prices, property is something that you will always be rewarded for investing in. If you have the time to sit on your investment and wait for an upturn, then there has never been a better time to consider a property investment.

Sources say that property investment in the new year is going to open up new doors for all those that lost their money last year through the market crashes in other areas. You can get started in property investment for yourself over at Wealth 360 degrees.

2 – Cryptocurrency

As it has been for the last decade, so shall it be in 2021. The bottom might have fallen out of the Bitcoin market last year, but it has slowly grown ever since. We are watching for new coins to invest in closely, however, and we like what Elon Musk has been saying about Dogecoin. We don’t think it’s a joke anymore… Millennials love their doggos.

3 – High Yield Savings Accounts

There is always the ability to put your investment capital aside for a while and forget about it. Putting your life savings into a high yield savings account lets it flourish and grow, year on year. Although accumulating interest is slow, it is one of the safer ways to invest your capital in 2021. It’s also one of the top-rated ways to invest your cash, according to banks… no real surprise there.

4 – Online Trading Companies

We don’t want to name names but investing in online trading companies is a sure thing at the moment. Since coronavirus, nobody wants to shop in stores anymore. We have got used to the online click purchase, one that doesn’t involve germs or breathing dirty air. This trend is going to continue forever after, so investing in the likes of eBay, Amazon, or Etsy is a good idea.

5 – Gold

There is one steady product that always pays up. Buy gold with your extra cash. Be it bullion or coins, jewelry or trinkets, gold only ever accumulates value… until we have another crash, that is. Even then, it is used as the base rate price for everything else. Put your spare change into gold and you could soon be rich.

Try some of these beginner investment opportunities and you might just make the big leagues one day.

This article does not necesarily reflect the opinions of the edtiors or the management of EconoTimes