So, you are looking for some lucrative investment options in 2021. If you are, you are reading the right article. As you know, we have faced a tremendous number of financial losses in 2021. 2021 has allowed us to think about our financial goals afresh.
Investment should be one of the major parts of your financial goals. This allows it to double and also triple in some cases. Now there are so many options in the market. Choosing the right ones is extremely important.
Top 5 Financial Assets You Should Invest In 2021
These are the best financial assets that you can consider investing in 2021
1. Invest in Cryptocurrencies.
These are digital currencies like Bitcoins and Altcoins. Cryptocurrencies are becoming very hard to be ignored. The wave that Bitcoins, in particular, have created is unstoppable.
When Bitcoins first came into the scene, the value of one Bitcoin was equal to $0.0008, and now as I am writing this blog, the price of one Bitcoin is equal to 32,898. Last week it reached the all-time high of a whopping $42,000.
I highly suggest you invest in Bitcoins as the value of Bitcoins will only go higher, given a normal market condition. To start investing, visit green profit system. There is no inflation in Bitcoins, unlike fiat currencies, as there only will be a limited number of Bitcoins in the world.
However, one of the major cons that cryptocurrencies possess is it is highly volatile and is not lucrative for long term.
2. Invest in Real Estate.
The prices of Real Estates are not going down anytime soon, which makes it a perfect investment option in 2021. The land is limited, and the demand is unlimited, as new people move to cities for jobs, and also fact that new lives are being born every day. The single most factor in real estate is the location.
Location determines its rental value. You manage to buy a good house in the middle of the city; it becomes very lucrative. You can earn a return by putting your property on rent and capital appreciation.
The only con of this investment is that there are a ton of legal formalities that revolve around Real Estate Investment.
3. Invest in Fixed Deposit.
Investing in fixed deposits is a very lucrative source of investment in 2021. You can earn good interest rates from Banks. The only con to this investment is you can take your returns out after a considerable amount of time.
4. Invest in Gold.
Considered to be one of the most conventional forms of investment, Gold still holds gravity even in this digital day and age. Investing in Gold makes your future secure.
Even if the value of Fiat Currencies come down, the price of Gold is not likely to decrease. Gold investors are fascinated by the fact there is no inflation in Gold as it is a scarce resource.
For acquiring Gold, one needs to literally dig it from the ground. Gold give long term benefit. The only thing that I do not like about investing in Gold is that sometimes it does not give quick returns.
5. Invest in yourself.
2021 is the best time to invest in yourself, especially after the damage done by the COVID-19 pandemic on your mental and physical well being. Hit the gym or learn a new hobby. Just live your life to the fullest.
Investing not only makes you financially independent, but it also makes you very disciplined. It teaches you the core differences between savings and investing.
You should definitely start investing in 2021 because of a lot of reasons. Mainly because of the financial distress that COVID-19 caused in 2020. Apart from taking lives, it also took the means of livelihood.
The Coronavirus pandemic has left our finances in ruins and made us rethink our investment options.