Best way to invest your hard earned cash!

in #steem7 years ago


How do you invest your money so it helps you in life?

I have been considering this question for quite some time and these are the results i have decided to go with...

I have put a list together of the safest investment, now as these are safe you will never make masses of money as with risk comes reward. anyway lets begin

1. Gold

Gold has been around for years and has a physical value as you can have it as a asset, which is good as you can a pyshical item cannot crash or disapear as a stock or cryptocurrency can


[Forbes]

As you can see gold has slowly risen over the past 5 years therefore gold is a good long term investment however unless you have alot of it (and it is very expensive) you will not make alot of money

I would recommend that Gold is the safest option i will be advising

2. Large Companies

Before you say im contradicting myself as i said stocks can crash, yes they can however large companies such as Apple, Amazon, Microsoft or Google are very unlikely to crash

Below I have placed images of all the companies stock price for the past year listed above




[All images: Google Finanace]

(Alphabet Inc Class A is Googles parent company)

As you can see from the charts in the past year all these stocks have a upwards trend but the same problem lies with them as with gold you will not make masses of money unless you have alot of the stock in question, however this is a strong option if you are wishing to make a semi-long term investment (1-5 Years)

3. Yourself!


I know this may seem abit, whats the word... SPIRITUAL

but no. what i mean is spend money on educating yourself

not school, or college or university

but learn a skill for example web design or buy a book on how to get into margin trading or anything that will further your knowledge as Knowledge is power

Thankyou for reading

please comment your thoughts below

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