Money on the Mind: 3 Things That Are Worth Your Investment

Money on the Mind: 3 Things That Are Worth Your Investment
  • Opening Intro -

    Choosing what to invest in can be difficult, especially for those who are new to the world of finance.

-------------------------------------

Even though investing is key to setting yourself up for future financial success, it can also be an intimidating prospect. Here are three things you may want to consider putting your money into to meet your personal financial goals.

Index Funds

If you are a financial novice who wants to set up a reliable investment without needing to learn the ins and outs of stocks, an index fund may be a good starting point for you. Index funds passively mirror major stock indices, such as the S&P 500, in order to replicate the gains or losses of those indices as a whole.

The advantage to investors is that index funds require absolutely no active management. This makes investing in them easy for even beginner investors and also keeps management fees very low.

Precious Metals

If you’re skeptical of market volatility and want to put your money in something more permanent and physical, investing in precious metals may be a good option for you. Gold, silver, and platinum are historically sound options when stock markets and even currencies experience declines.

Remember that precious metals are usually a long-term investment, so be sure that you’re adequately planning for the short and medium-term as well. As with any other type of investment, precious metals play just one part in a properly diversified portfolio.

The easiest way to invest in precious metals is to buy bars or coins from a place like Rocky Mountain Coin and hold them for future sale.

Peer-to-Peer Loans

Though stocks and commodities are long-time favorites of traditional investors, there are also many non-traditional options available in the market at the moment. One of the most popular is peer-to-peer lending, in which individuals collaborate in order to make loans and then collect the interest on them as they are paid back.

This form of investment can be risky because of the possibility of default, but it can also produce considerable returns. If you are willing to experiment with non-traditional methods of investing, consider signing up with a peer-to-peer lending platform.

These are just a few of the many ways in which you can invest your money in order to build long-term wealth. Be sure that you properly diversify your investments and only invest money that you can afford to lose, as all investments carry with them some level of inherent financial risk.

 
Bestseller No. 1
Christmas at Miss Moonshine's Emporium: An uplifting collection of feel-good festive stories
  • Helena Fairfax, Mary Jayne Baker, Sophie Claire, Jacqui Cooper, Angela Wren, Marie Laval, Kate Field, Helen Pollard, Melinda Hammond
  • Authors on the Edge
  • Kindle Edition
SaleBestseller No. 2
SaleBestseller No. 3
Metal Detecting: A Beginner's Guide: to Mastering the Greatest Hobby In the World
  • Mark Smith
  • Publisher: CreateSpace Independent Publishing Platform
  • Paperback: 218 pages

Last update on 2019-12-08 / Affiliate links / Images from Amazon Product Advertising API

-------------------------------------------------------------------------------------------------------------

end of post idea

-------------------------------------------------------------------------------------------------------------

Helpful article? Leave us a quick comment below.
And please give this article a rating and/or share it within your social networks.

facebook linkedin pinterest

Amazon Affiliate Disclosure: SayEducate.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. The commission earnings are used to defray our cost of operation.

View our FTC Disclosure for other affiliate information.

Categories: Investments

About Author

SayEducate Admin

From the administrative staff at SayEducate.com. We hope you enjoy this managing your money and finances BLOG-magazine. Please forward any suggestions or comments regarding the posting or other elements of our site. Thank you.