The Best Potential Investments Right Now (And What You Need to Know About Them)
Posted on May 12, 2022 in Investing
With the cost of living rising in many parts of the world due to international crises, and interest rates being so low, many savers are looking to make their money work for them instead of sitting in an account. So, what is the best thing to invest in right now?
A fool and their money are soon parted, says the old saying – and a wise investor knows that. So, it is definitely prudent to do one’s research before putting down your money.
That’s why we’ve summarised the most popular ways to invest at the moment – with a short but sweet guide to the upsides and perils of each of them. The time is now, so let’s get into it.
An investment as old as human culture, gold is inherently rare – and thus we see its value. Almost everything else on this list is not actually as rare as gold. Your NFT might be 1 of 1, but that’s only because the creator locked themselves into only making one. In theory, if they wanted to make another one – even if they breached a contract – they could.
However, there is only a finite supply of gold on planet Earth. And in fact, modern science has shown Gold is equally rare out in the Universe.
On Earth, about 200,000 tonnes of gold have been mined, ever. That’s about enough to fill 3 Olympic swimming pools. The Sun, though, is estimated to contain 3 trillion tonnes of Gold – enough to fill the world’s oceans!
However, the Universe is big. So that 3 trillion tonnes of gold only makes up about 1 trillionth (0.00000001%) of the sun’s mass.
So yeah, Gold is quite rare. It will always have value, no matter what happens to the paper and electronic money we use in the rest of our economy. In fact, barring a few corrections after large rises – gold has been on a steady rise in price since 1975.
That makes physically owning gold almost a sure thing as a long-term investment. Possibly, the best.
Online gambling had a bumper a few years during the Covid pandemic, as billions around the world were stuck inside for months on end.
This interest also led many states in the US and other countries to push through online gambling legislation for legal markets.
Some of the biggest online gambling deals and mergers of all time have happened in the past couple of years, too.
So, now could definitely be a great time to hop into the market as an investor. But also as a player! If you’re looking to experience the fuss for yourself, why not try a $5 deposit casino NZ from our top list?
We can’t promise you returns on your play like crypto investments, but you never know when you might hit a jackpot. Plus, it’s just $5!
If you’re looking for the top short-term investment potential out there, crypto has to be your horse.
These online digital currencies have revolutionised the finance market and made many people very rich overnight. However, lots of people have lost money too. But that’s part of the game, and some smart investments can definitely go very far with crypto.
Yes, Gold has been rising since the 1970s. However, in that time it has gone up about 35x. Some of the craziest crypto rushes have seen that same 50-year-return in just two months.
Historically, the market return on the most popular crypto Bitcoin is insane. 1BTC bought just 10 years ago would be about 50,000x if you’d sold at the height of the market in December 2021.
No stock market or commodity investing will ever get you anywhere close to that return.
However, cryptos are also volatile, and many more people have lost out to pump and dump scams or just bad trade timing. They are very open to market speculation – so prices can rise or fall at the tip of a hat (or someone’s tweet).
With crypto sphere daddy, investor and world’s richest man Elon Musk buying up Twitter recently, there’s been a bit of a revival in the crypto markets and almost everyone involved predicts they will see new all-time highs at some point in the next few years.
That could see all coins go on an upward trend again – but as for which ones will see the biggest overnight returns? It’s up to you to find out.
A feel good one, this. At some point – we’re going to be in for some serious trouble as a species if we don’t transition to renewable energy. Governments know this, and energy companies do too.
The green revolution is (hopefully) coming soon, and you can make some green on the back of it if you get in early. You too can get a slice of that green pie.
Anyone with a few thousand to spare will find loads of great places to invest in renewable energy companies. Electric cars. Solar power. Hydrothermal. Carbon capture.
You could even buy your own solar power array if you live somewhere suitable. That’s a tangible investment you can see the results of, as it will save you on your power bill – and sometimes the government will even pay you to do it!
On the downside, renewable energy is very dependent on the government, investors and energy companies’ goodwill. Because the market is new and revolutionary, the alternative infrastructure is not really available for start-ups developing technologies to scale them up without investment.
And when those investments for a future payoff might conflict with existing fossil fuel profits, well, you can see where this is going…
The line goes up! Possibly, one of the most controversial and insane phenomena of the past few years, Non-Fungible Tokens are the hypes of investments. They’re basically digital art pieces with a blockchain-based contract attached that verifies only one owner.
And people have gone nuts for them. Digital monkey pics have sold for 3 million dollars. People spent 300 million in one day and crashed the Ethereum network. People who became memes have sold their memes as an NFT.
Everybody has been cashing in. However, equally a lot of people have bought into dud projects too.
Yes, if you’re over 30 they probably don’t make much sense. They don’t to a lot of other people either, but that doesn’t stop them from being insanely popular. If you can work them out, though, they could make you lots of money!
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