Smart Investments You Should Make in 2022
I have an easy question for you to answer: do you want to make more money from passive income streams than ever before? The historical average growth of stock market investments is around 10%, but Ethereum grew by 450% last year alone!
Technological innovation is the biggest driver of wealth creation in the modern world. People making smart investments in new technologies and tech companies are seeing quicker financial gains than ever before.
If you want to know what to look for and where to invest in 2022, this article is for you. These are our picks for wise investments, then keep reading.
Growth Stocks
Growth stocks are shares in companies that are set for rapid short-term growth. These days they tend to mainly be new tech companies. If you like the idea of buying listed shares on the S&P 500 then keep a lookout for new tech companies.
Investing in new companies does carry more risk than in an established company, but if the risk pays off you’ll see rapid short-term gains in share price.
Apple and Alphabet (Google) were once tech startups as well. If you find the right company, you also benefit from their long-term success.
Shares also often mean that you’re paid dividends when the company declares a distribution. You’ll be rewarded twice if you make wise investments of this nature.
Precious Metals
Even in 2022, gold and silver remain some of the best ways to save your money and keep or even grow its value. Unlike government bonds or forex investments, unwise governance will never deplete the value of a precious metals-backed portfolio.
Gold has grown a little more than four times in value since 2000. Even though the gold price sometimes drops, it never goes down to zero and normally recovers and grows further again.
Silver is a cheaper alternative that’s just as safe to invest in. Some economists and investors are even saying silver is currently undervalued making now the perfect time to buy.
Cryptocurrencies
Like gold and silver, the value of cryptocurrencies is purely determined by the market. Governments can’t diminish the value of one of these investments with bad policy, making them the future of money itself.
Not only are they protected from outside interference, but they also boast higher growth rates than other investments. Opening a trading account or e-wallet to invest in crypto allows you to save money over long periods of time. You can also trade on a daily, weekly, or monthly basis to maximize short-term growth as well.
Many people have made crypto a staple investment in their portfolios. If that’s something you’re looking to do as well, then go check out Nested to get started.
Make These and Other Smart Investments Today
The global inflation rate is picking up, and it won’t be long before it starts destroying our purchasing power. Protect your money’s value by investing it in the right places.
Investing in crypto is merely one of the smart investments you can make. If you’re running a business you can also see higher profits by investing your time wisely. Learn how by checking out the benefits of video marketing and other such strategies on our website.