In 2018, there are without a doubt a variety of investment options at your fingertips. Maybe you got a raise and you are looking to supplement your income or maybe you are looking to make the most out of some of your retirement funds. Whatever the situation is, there is a plethora of investment options for the year of 2018. Of course, you need to make sure that you are being smart with your extra funds. This will not only ensure that you are getting a maximum return on your investments, but it will ensure that you are making those extra dollars count. So, what are some of the best investment opportunities in 2018?
Consider Peer-To-Peer Lending
Have you ever wondered why so many investors are willing to fund small businesses and start up companies? Well, it is because they could have the next innovative ideal that leads them to the success of Apple or Amazon. You can loan money to small companies or individuals in small increments like a bank. Not only do you get a good return on your rates, but also if these companies grow to be a huge success, they are likely to return the favor.
Consider The Real Estate Market
The real estate market is coming back and it is coming back fast. Unfortunately, not everyone is cut out to be a landlord, but this is something that other individuals can take care of for you. You can invest in an apartment building and hire someone else to take care of the whole property. Real estate is extremely lucrative, because you don’t usually have to pay managers as much, because you can promote them with a live-in property with rent-free options. Hire someone else to care for the upkeep and maintenance of the property, while you collect on the monthly rent checks.
Just remember that owning real estate can create some problems in the future. This is definitely the case if you happen to get divorced. When that happens, you’re going to need to hire a family law attorney to ensure that you’re able to obtain the property that is rightfully yours. Nevertheless, investing in the real estate market will prove to be very wise and profitable.
Take Advantage Of High Yields Saving Accounts And CDs
You don’t really have to be a Wall Street genius or an investment guru to appreciate the simplicity and benefits of high yields saving accounts and CDs. These investment options have been extremely popular over the years and probably always will be as they offer a low risk with high returns. In today’s time, the online checking, savings, and certification of deposits are extremely lucrative, as they pay out much higher rates than what you can expect to receive from the traditional brick and mortar bank.
Is The Stock Market Lucrative?
It is true that most people prefer to invest their money in the stock market. Does this platform offer more risks than rewards? The truth of the matter is that if you are willing to show the real ability to make money, you could potentially take your stock trading to the next level. Online discount brokerage firms offer a variety of different platforms and tools for the sophisticated investor to take advantage of. Not only are the trading and commission fees low, but also there are truly a variety of different low risk stocks that you can capitalize on.