Improve the Biggest Asset, by Investing in Yourself and Feel Proud

Improve the Biggest Asset, by Investing in Yourself and Feel Proud

 With the dawn of this New Year, there are possibilities of a new raise and finally there will be some money to invest. Or, may be for some there is a bonus coming at the year end. Either way, considering investing in the early stages of earning is a must if you wish to see some dollars at the end. There are myriad of options for investing, but you have no clue. Even then, you spend time analyzing and never invest at all. Eventually, the extra cash gets gulped by unexpected expenses or bills.

Here are a few investments that are a must

If you want to make sure your extra cash doesn’t disappear, you need to invest it right away. A certain amount of analysis is fine if it helps you find the right investment options for your goals, but you still need to act fast.

Keeping it in mind, invest excess funds in:

The Stock Market

The most basic advice is investing in the stock market. Everyone is aware that it historically pays off on investing in the stock market, but there are very few people who do not trust financial markets.There are people thinking that the stock market is crazy to jump. One thing, a useful tip is that: Nobody is asking you to pour everything that comes as extra into the stocks. In fact, making small investments of money is enough.Buy fewer shares, when market is high and in low market, buy more shares. There are best vehicles and tools to use. It is best to wet feet with mutual funds. Invest if you already have a brokerage account.


Peer-to-Peer Lending

Another place to stash some excess cash is in platforms of peer-to-peer lending. These companies allow you to give loan money in small increments to individuals, the same way as a bank does. You also get a decent return rate mostly over 6%.In peer-to-peer lending, you are the investor and invest in people. It is comforting, but lending people large amount is a risk. Just invest into increments split up and it can be as small as $25 to more than $100s or $1000s as loans.

Real Estate

Another investment strategy worth considering is real estate. Real estate investment is also not everyone’s game, so if you have a good friend into this business or need Humana Medicare Advantage Plans 2020 why not look here, pool money at his place and get paid some interest or dividend off your money. This is an attractive way of dealing with tenants or being a landlord.