Assets to look into for the new year

News | January 13, 2020, 16:62 PM | Brought to you by a Guest author

2020 has been a very rocky road for several industries across the globe, but particularly in trading as the world’s economy has been extremely unpredictable, leaving investors confused as to where and how they can make the most of their money. With technological, economic and social change becoming evident, there has never been a more important time to look into your assets for 2021 and make the best decisions for you and your finances.

Direct equity

Investing in stocks may not be on the height of your priority list, however, it is always beneficial to invest in at least one for your trading portfolio. While they don’t necessarily mean that you’ll reap enormous returns and can also be extremely unstable in terms of losses and gains, the good news is that you are able to invest for the long-term and generate a greater price increase, which other assets cannot achieve.

Real Estate

You may be surprised to learn that the real estate market has boomed since the beginning of the pandemic. This may be because more people are looking to buy sooner than expected to live with those they wish to bubble with and potentially move closer to family, due to the restrictions in place. As a result of this, there has been a huge demand in the real estate market and would be a worthwhile choice as one of your investments for 2021.

Cryptocurrencies Many people are apprehensive about investing or as it is managed solely online without having to take many actions or decision-making. During the pandemic, this asset soared by a whopping 500% which has made it a sudden favourite with investors around the world. Researchers believe that by the year 2024, this market will be worth $1.4 billion.

Mutual funds on Forex

You may be surprised to learn that mutual funds are in fact, becoming more successful throughout the pandemic and beyond. There are many reasons why people may choose to invest in mutual funds, such as:

  • · Outsider management: You don’t have the responsibilities on your shoulders of finding the fund that is performing well at any given time.
  • · Spreading investments: If you’re worried about the risk factor, mutual funds means spreading your money across a range of companies and industries to lower the risk of catastrophe.
  • · Affordability: If you don’t have much cash to spare, you’ll be pleased to know that this type of investment sets a low pound amount to place your very first investment.
  • · Liquid Assets: You have the freedom to redeem your shares at any given time for the current net value and any extra fees.

If you’re unsure as to which assets you should be investing in for 2021, we hope that this guide has come in useful on making a well-informed decision. Good luck!

 

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Compound interest is the 8th wonder of the world.

Albert Einstein
Mathematician and physicist, Winner of Nobel Prize in Physics