There are more ways than ever before to invest money for quick or long-term returns in 2022. Investing your money never goes without risk, but here are six smart investments you can make this year that could generate massive ROI and diversify your investment portfolio.
As inflation continues to rock the US economy, many are turning to inflation-resistant investments for 2022. Real estate is a classic way to invest your money that can protect your portfolio from inflation. If you’re unsure how to begin a real estate investment, consider investing in a REIT real estate investment trust. REITs invest in income-yielding properties such as apartment buildings or shopping centers. You can invest in a REIT and get a return without managing any properties yourself.
Investing in cryptocurrencies is a popular way many people can invest their money in 2022. Though there is always risk involved with any investment, utilizing platforms like FTX can keep you updated and informed on the latest in the crypto market so you can always stay on top of your assets. Finance apps have made it easier than ever for anyone to invest in the cryptocurrency of their choice. You can also stake your crypto investment to generate returns over time if you plan to invest long-term. As the crypto world continues to evolve, more and more blockchain networks will be utilized in business, don’t miss your chance to invest today.
Non-fungible tokens or NFTs are unique digital assets bought and sold on blockchain networks. In the last several years, NFTs have been used to verify the originality of digital artworks, creating a massive market for collectible NFTs. Now, any digital artist can list their NFTs for sale on NFT marketplaces and access this rapidly growing digital art industry. The NFT market has grown in popularity, with celebrities and influencers promoting NFT collections and more artists than ever creating unique assets for this digital art market.
Investing in alternative energy and other green markets is a wise investment you can make this year. The demand for green technology and cleaner energy continues to grow every day as the pressures of climate change push consumers towards more environmentally friendly options. You can buy shares in electric vehicles or solar power. There are many opportunities to invest in clean energy today that may bring you a considerable return in the years to come.
Certificates of Deposit
If you’re looking to make money by simply holding your money in a savings account. It consider certificates of deposit for higher interest rates than typical savings accounts. CDs are great short or medium-term investments to protect your money and accrue interest over time. CDs will give you a higher interest rate, but you won’t be able to access your funds until the maturity date, which can be months or years.
Start Your Own Business
There’s never been a better time to invest in yourself and start your own business than in 2022. With the improvement of digital business solutions and greater access to resources for entrepreneurs and SMBs. You can quickly create your own business from home. If you’ve been thinking about changing career paths and being your own boss, you can access easy-to-use apps for small businesses to launch your company today. Paving your path to the career you want is a great way to invest your money.
Learn more about your investment opportunities today and start finding ways to make money over time. There are more opportunities to find financial success through smart investments than ever before.