If you’re a keen follower of Vintonville you may know that I have a property portfolio both here in the UK and overseas.
I got into property investment merely by accident and I honestly believe it is the best business decision I have ever made, often advising friends who are wondering what to do with their savings or earning, to invest in property.
Now, property isn’t the only type of investment you can make with your hard-earned cash; each one of the options below will fluctuate in price, popularity and security so it is best that you really do your research before committing your money.
Property
For me, investing in property was the best thing.
I was in the UK a lot of the time and was able to see my portfolio grow whilst having a real hands on approach. Now, many won’t be interested or have the time to fully immerse themselves in their portfolio so will prefer to be more on the back bench but it’s easy enough to get a property manager in for you.
Property is a consistently good investment. You need to be on top of trends to see what areas are up and coming so you can get some good prices and make any improvements before the prices slowly begin to creep up.
Stocks
To beginners; stocks can be particularly daunting, but don’t worry.
Investing in share can provide an opportunity to go against the grain in rising inflation and achieve even better returns than cash, bonds and property can provide you with.
Now, there are two ways to access the stock market, either directly or indirectly. Directly’ is a misnomer – investing in the stock market is always done through a third-party broker
Take a look online, ask around and pick up a copy of a newspaper, as these can offer some great advice and keep you up to date on which shares are the best to buy.
One thing I will say is that do not part with your money for stock advice, there is plenty online to give you a good overview.
Gold
Historically, gold was the ultimate area to invest in and although times have moved on to more complex means of investing, gold is still a key player.
From gold exchange-traded funds (ETFs) to gold stocks to buying physical gold, investors have a number of different options.
Gold continues to be immensely important in the global market and when uncertainty in property and shares dip; gold always holds its value making it one of the most popular investment options.
When I talk about investing in gold, I don’t just mean gold blocks; here are some other ways you can invest in gold.
- Gold Futures
- Gold Coins
- Gold Companies
- Gold ETFs
- Gold Mutual Funds
- Gold Bullion
- Gold jewelry
Start-ups
Have you ever seen Dragon’s Den?
If you have money and want to invest in a great new company or back someone’s idea then why not invest in a start up for a stake in that company.
You can do this how you like, you can be involved and offer your expertise or you can have a hands off investment and simply give the cash in exchange for the returns when they come.
If you’re looking for immediate returns, then a start-up may not be the best answer as this can take time, I should know.
You can furthermore ask for your cash back with interest after a certain length of time or you can exchange the money for shares and profit, it is completely up to you but make sure all the paperwork is correct and checked and that both parties are happy.
So, there you have some top tips for investing from Vintonville, where have you invested your money? Let me know by getting in touch today.
