2020 is full of surprises, challenges, problems. Their cause is the coronavirus pandemic. As a result - the global economic crisis, the weakening of the strongest economies of the world, the largest unemployment in world history. In the US, unemployment is now greater than it was during the great depression.
In this situation, it seems that it remains only to save your health and wait for how it will end.
But right now, there are great opportunities to make the right and profitable investment. The financial crisis knocked out weak companies that did not have any real ability to make a profit.
Strong companies that have a good reputation, a large number of customers and investors have survived. The value of their shares has decreased, but as soon as the crisis recedes, they will quickly regain their positions and return to growth. Companies providing home delivery of goods, entertainment streaming services, online stores even during the crisis have grown steadily.
Oil, precious metals, securities - almost all investment instruments have lost value. Of course, when the pandemic is over, all employees will go to work, and the global economy will begin to recover quickly. But this does not mean that with flip cash investments will be possible to receive 100% profit.
Now analysts are compiling lists of the most attractive tools for online investing. The recommendations of various analysts are mostly similar.
They recommend investing in stock indices Nasdaq100, S&P500, and funds investing in these indices. Indices are built on the performance of real companies, and, as mentioned above, when the economic recovery begins, the indices will also grow.
Many people expect Bitcoin to resume growth and will again cost 20,000, 30,000, or more, and other cryptocurrencies will grow after it. Therefore, investments in cryptocurrency are also relevant.
Do not forget about all kinds of savings and fixed deposits with low risks and deposit insurance.
All kinds of savings and fixed deposits with low risks and deposit insurance remain popular
Here is one of the recommendations for investing:
- High-yield savings accounts
- Certificates of deposit
- Money market accounts
- Treasury securities
- Government bond funds
- Short-term corporate bond funds
- S&P 500 index funds
- Dividend stock funds
- Nasdaq 100 index funds
- Rental housing
- Municipal bond funds
Each item can be described, explain what it means. But it will be useless for the average person who is not engaged in investment but wants to keep their savings. Each item on the list will cause more new questions than giving answers. How to invest in a fund? Where to buy securities or precious metals? How do trading floors work? How to open an order? How to invest money in my country?
To fulfill the recommendations, you will need additional knowledge and skills.
If you are an experienced investor, then you can create an investment portfolio using the proposed areas.
If you do not have experience in investing, but want to make your money work and bring you additional passive income, turn to professionals who offer a full stack of investment services and work with investors from all over the world. Such as the Zion Finance company.
Zion Finance has been successfully investing for several years and brings stable profits to its customers. The company's specialists will monitor the financial markets, determine the most promising areas of investment, and form an investment portfolio to invest your money with the highest profit and lowest risk.