15 Feb Best Ways to Invest in 2016
A new year brings a great excuse to develop an investment strategy. Rather than spending money on that gym membership you won’t use, spend your energy and money tackling your finances. A great investment strategy will serve you well for years to come and make a difference to your quality of life in the long-term. Our experts have done their research and compiled a list of what we think are the best investment ideas for 2016. So without further ado, here are some of the best ways to invest this year:
• Property. Whether it’s commercial or residential, property is always a smart investment. The key is not to expect a quick turn around, but rather let your investment settle for a while. The market is always changing so if you’re able to make an investment in something with longevity like rental properties or commercial real estate then you’ll be able to minimise your uncertainties in the future.
• Stock markets. If you’ve always planned on making an investment in the stock market, why not try it out this year. A smart choice is to think about the larger population and what is currently trending. Perhaps it’s new technology or web-based programs. Select a company you feel will experience major growth this year and you could see your bank account experience the same! Not sure where to start? Ask a professional for recommendations!
• Corporate bonds. Not sure what a corporate bond is exactly, let alone if it is a smart investment? It’s simple! To invest in a corporate bond is essentially loaning a business your money with the promise of regular interest payments over time. If you’re going to invest in a corporate bond it’s a good idea to only invest money that you know you won’t need to access in in the near future- this way you’ll be able to see the bond through to maturity. Corporate bonds are typically less risky but it’s always a good idea to do your own research before committing to anything.
• Mix it up! Like the saying, a good investment strategy is to never put all of your eggs in one basket. If you’re able to invest in multiple projects your money will ideally grow quicker and with less risk. Once you’ve selected what investment strategies will suit you best in 2016, keep a close eye on them so you’ll be able to make informed decisions when in comes to your investments in the years to come.
When you’re considering an investment it is always smart to ask a professional for advice, it’s your money after all. You want to know whatever you invest in is a safe and reputable investment and while of course there are always some risks in investments, they should be informed risks that are not taken lightly. Call Cube today for assistance.