There is no “#1 best investment” for everyone. What might be an excellent investment for you might be a waste of time and money for someone else and vice versa. If you want to be as careful and safe as possible with your money, trading individual stocks won’t be for you. But if you have enough money and time to do research, you might be able to play around a bit with the stock market. In no particular order, here are the “top 10 best investments” of all types right now:
Crowdfunded real estate
More and more online market places are opening up for this kind of investment. It’s medium-risk. You get a chance to invest in real estate. Your investment will not involve buying an entire house, apartment, condo, or plot of land.
Municipal bonds are another medium-risk investment. Buy a “muni-bond” if you think your county or city will be in a financial “right position.” Also, these are exempt from Federal income tax and, in most states, also exempt from income tax.
High-yield savings account
A savings account is about the safest your money will get in a list of the top 10 best investments. Make sure you choose a bank that offers FDIC-insured accounts.
Treasury Inflation-Protected Security bonds
Also known as TIPS, this kind of Treasury bond is very low-risk. They protect investors from the decline in the purchasing power of the money.
Money market account
MMAs offer a chance to earn more money over time than a regular savings account. A variety of online banks with a high APY% offer them. It’s also a safe investment option as long as you choose the right bank.
S&P 500 Index Funds
Any company in the S&P 500 index is worthy of being among the top 10 best investments. These are the most successful companies in the world, from Walmart to T-Mobile. Imagine being able to invest through them all via the Index Fund.
Nasdaq 100 Index Funds
Don’t forget about the Nasdaq 100. This index is ideal for investors who want to have exposure to some of the top tech companies. This exposure will be without actually having to take the time to predict the winners and losers.
Invesco S&P SmallCap Volatility Small-Cap ETF
This ETF checks all the boxes for “fine valued stocks” that are medium-risk with decent yields. This combination is difficult in today’s economy and market.
Gold is something that you won’t think you’ll need, but if you ever do, you’ll be glad you have it. It’s worth having a bit of gold in your portfolio. Paper money has always fallen. Gold has always stood the tests of time.
There are many biotech companies these days. It may be an excellent investment if you choose the right company or ETF. Try to go with companies that have a history of disease research.
Of these top 10 best investments, there should be at least one or two. If you want some more information, look into Capitalist Exploits. Their Insider newsletter is worth checking out.