With all of the volatility in the economy these days, many people are questioning what the safest investment strategy is.
If this is a concern for you, then you might have already considered mutual funds, stocks, gold and several other strategies. Yet, how do you know which investment strategy to put your money in so that it will not only be safe but that it will grow?
In this article, I’ll be covering some of my favorite investment strategies and how they can help you in increasing personal wealth and building financial security.
Two Evergreen Investment Strategies
1.
By far the “safest” place to put your money is in an investment that you have control over. This is a scary thought for some of us. However, it’s even scarier to have no certainty or sense of control when your investments aren’t doing well. That said, I believe that one of the most certain places that you can invest your money is in building your own business. Sure, you can invest your money in stocks and mutual funds and invest in someone else’s business.
However, why do that when you could be investing in something which you have control over and which is 100% directed towards adding value for you. For example, if you own a marketing company and you invest money into a new project management or ERP software which allows you to keep better track of your resources, then you’re increasing your chances at earning more money. You’re also making it easier for you to run your business and therefore eliminating a lot of the stress from your life.
Not to mention that you’re probably buying more time for yourself and thus creating more opportunity to do the things which you really enjoy. So the additional benefits of investing in your own business go far beyond financial freedom.
2.
The second investment strategy which is most secure is investment in real estate. As long as human beings are occupying buildings, real estate will be valuable. Sure, the prices of housing will fluctuate, but buying and selling isn’t the only strategy when it comes to real estate investing. Not to mention that the possibility of your real estate dropping all the way to zero value is unheard of.
Provided that you do your homework about real estate investments, you can build a VERY secure net worth by purchasing real estate and either selling it for a profit or renting it for residual monthly income. Real estate investing and investing in your own business are rock solid strategies which you can pretty much count on in any economy. Of course, it’s important that you apply these strategies wisely, but that’s the case with any investment strategy.
Much success in your investing!
….
Good call on real estate!
Thank you Ben, Please let me know of your activities and interests.
FWJ
It is good advice to start with index funds or low-cost mtauul funds when you want to invest in the stock market. However, these funds have the pitfall that they give the false impression of safety. When stock markets go into a down-trend you can lose a lot of money with these funds. When you start investing, keep a very close eye on the direction of the long-term trend in the market. When you do this, you can make good profits and you don’t need to spend time on researching individual stocks.
Thanks for the information. Many may want to invest in the stock market but afraid to do so. Your information gives a direction for them to investigate.
FWJ
Thank you for your interest and time.
FWJ
if he can do it, so can we and he tells us how in a succinct, fedrnily and straightforward manner. For most, The Little Book is a quick 2-3 hour read. But Browne tells us this is not the quick way to riches. Value investing, he says, doesn’t take a lot of brain power or specialized skill. Rather, it takes work and patience. Browne does not promise that if you buy and read The Little Book of Value Investing, you’ll begin seeing dividend checks in the mail the next and every day. What he does do, though, is give the average investor solid advice and sensible techniques for going about the task of amassing wealth through value investing. And, he does all that for a mere $20. Now, that’s value.