The last three years of financial instability have taught us that we need to be very careful when investing or spending our money. And in the last few months, inflation has started to worry even big investors.
See what our top 3 investments in years of instability are.
Gold
Gold is always a relevant investment. It is a liquid asset. It has retained its value over the years compared to paper currencies and coins. It appreciates in times of geopolitical or economic uncertainty. It is also most often sought after in times of global uncertainty. Historically, when the value of currencies rise, then the price of gold falls and vice versa.
That’s why this is our first choice – invest in gold, and you won’t go wrong!
Property
Cliché or not, property is always a safe investment with good returns. Property investment is the best passive income. Franklin D. Roosevelt (32nd President of the United States) “Real estate cannot be lost or stolen. Purchased with common sense, paid for in full, and managed with prudent care, it is the safest investment in the world.” For successful real estate investing, the key factor is market timing. It is difficult to determine the right time to buy, but there are certain factors that influence the price of the property market such as supply and demand, interest rates, seller motivation, population growth.
Cryptocurrencies
Gaining momentum recently, cryptocurrencies have become one of the most popular investment tools. They are unpredictable, but with great earnings. Or big losses. Our advice is – do your own research on them. How risky are they, how did they behave 2-3 years ago? Are they worth it and would you risk it? And the most popular among them last year were the so-called NFTs. These are cryptocurrencies or currencies created for trading digital artworks. In a future article, we will discuss them in detail and try to be helpful with more detailed information, so keep an eye on our blog.
Ultimately, whatever you decide to invest in, don’t expect a quick return, be patient and your patience will be richly rewarded. Because liquidity comes in the future.