During the pandemic of 2020, the investment markets have had much uncertainty which has made investing for novice investors, a tricky affair. However, there are still some excellent investments to be had, if you know where to look, and you can see some fantastic returns on your money if you invest wisely.
Below are some investments which are proving to be lucrative during this pandemic, and some areas where you need to be a little more cautious.
Gold is always an excellent vehicle for investment if you are in it for the long term, and it can prove to be a fantastic hedge against inflation. The price of gold has been continuously rising since the pandemic which has made it attractive to many investors. There are many ways that you can invest in gold, but choose to invest in physical gold, rather than ETF’s or other forms of paper gold. You can purchase gold coins, bars, and gold bullion. City Gold Bullion has gold Adelaide investors prefer, as this dealer offers excellent rates and quick turn arounds on all orders. There are also other gold dealers outside Australia, and you are bound to find one that you can trust.
Stocks & Shares
The stock markets have seen lots of ups and downs in 2020, and it is an extremely volatile market to invest in, which means potential investors should proceed with caution. Investing in technology companies is still an excellent idea, and investing in large e-commerce companies such as Amazon and other online retailers.
Another excellent vehicle for investment during the pandemic has proven to be real estate, with prices on the increase ever since the pandemic started. There is a high chance that during the first six months of 2021, there are going to be many repossessions of homes as people struggle to pay their mortgage, which means there is going to be a lot more real estate available to purchase. If you have the funds available, you may wish to consider investing your savings into a property, which is another excellent long-term investment. However, you may find that it is harder to get a mortgage during this time, so you will need to consider this type of investment carefully and even speak to your bank manager about the possibility.
There are still some excellent investments to be had, despite the pandemic, but you should remain vigilant before making your investment. The higher the returns you are looking for, the more risk there is, and you should only ever invest as much as you can afford to lose, as there is an element of risk with all investments. Ensure that you do plenty of research before you make your investment and seek professional advice if you are new to investing in stocks and commodities, and property. If you take your time and research any potential investment thoroughly, you can sit back and relax while you see your investment increase in value, no matter how the pandemic affects 2021.
There are many people making plenty of money from the pandemic, and you can too if you invest wisely.