January marks a fresh start for many, and it’s a good time to overhaul your investment strategy too. Whether you’re an existing investor, or you’re looking for new ways to grow your assets and maximize investments, it’s worth finding out what’s out there to see what your options are. There are other investment avenues besides stocks and shares that could yield promising results for your finances. Consider these alternative investment options to help you boost your finances in 2019.
REIT (Real Estate Investment Trusts)
Not everyone has the money to invest in property. However, a REIT provides the opportunity to invest in large-scale projects with the potential to profit from these investments. REITs are a simple option for those looking to invest in property, but can’t afford to go out and buy the property and then develop it. There are of course risks involved with REITs, so it’s worth investigating your options in more detail before you commit.
Binary options are a great choice for investors with little experience in stocks and shares. People like binary options because they offer a cap on gains and losses, allowing you to consider the risk carefully before you proceed. Through the right binary options trading brokers, you can make quick, affordable trades and make a profit, although the earning potential with a binary option trade can be limited. It’s important that you choose a broker that has a reputable history, as binary options aren’t subject to the same regulation that other types of investments are.
Cryptocurrency and Bitcoin
Cryptocurrencies are continuing to grow in an economy that is becoming increasingly bankless. It’s expected that cryptocurrency will continue to grow, making it an attractive investment option. Cryptocurrencies, like Bitcoin, are vulnerable to fraud and other security issues, but with improved regulations coming in and Blockchain consistently improving, it’s a good time to consider investing in cryptocurrency. If big organizations like Microsoft are looking into using it, why can’t you?
Peer-to-Peer Lending is another growing form of investment. Cutting out the middleman between lenders and borrowers, it can be a good way for investors to make money on the interest generated from the loans. It’s a great solution for borrowers, but it can also be a worthwhile investment. There are several online P2P lending platforms available, making it easy to get started. However, despite the benefits that come with P2P lending, there are also some high risks involved. You will want to consider other investment options alongside P2P lending to reduce your risk.
A diversified portfolio is the sensible approach to investing. With the stock market being unpredictable, it makes sense to consider alternative investment options. Whichever option you choose, be sure to discuss your options with a financial expert, especially if you’re new to investing. Set yourself some realistic investment goals for the year ahead and you could be looking at a healthy portfolio in 2019.