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Iceni Magazine | January 20, 2020

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Investment Opportunities You Might Not Have Thought Of

investment, Opportunities, trading, economy, funds, classic, cars

Over the past few months the economy has been unstable to say the least.

The election of Donald Trump and the vote for Brexit has seen huge fluctuations in the market. It is not yet known how these impacts will be felt in the long term. Despite, it is still worthwhile to consider making some valuable investments. Investments are a way of earning additional income, typically you put money into a business or industry in the hope that it will grow and develop, allowing you to enjoy a percentage of their economic successes. The first thing people usually thing of when we mention investments is property or stocks and shares. Property is considered one of the best investments to make because house prices are continually increasing at present. However, there are many other investments to be made. Here are some investment opportunities that you might not have considered.

Forex Trading

Investing in foreign currency on the Foreign Exchange Market is one way of making some additional income. Currencies change their value frequently; successful Forex trading relies upon the trader taking advantage of the highs in exchange rate. One way in which you can invest in Forex is via ECN Forex trading, which is a computerised network or forum which can be used to trade currency.

Bitcoin

Most people have heard of Bitcoin but aren’t exactly sure what it is. Bitcoin is cryptocurrency; essentially a currency which only exists online. It is currently decentralised, which means it is not controlled by the government at present. The value of Bitcoin has rapidly increasing, one Bitcoin is currently worth £2006. The online currency has recently topped the value of gold, which means that it could be a worthwhile investment. However, as it is such a new technology, no one knows for sure how long Bitcoin will last and some predict that it could crash within the next few years. It is important to remember that Bitcoin can only be spent online, on specific websites, but as its popularity increases we could see it being used alongside regular currencies.

investment, Opportunities, trading, economy, funds, classic, cars

Index Funds

Index funds are mutual funds which track the returns of a market index. Index funds are a group of securities which make up a particular segment of the market, for example the bond market or stock market. This type of investment can be highly beneficial for young people, or those who are new to making investments, because they are relativity low risk. The world’s biggest investor, Warren Buffett, has encouraged people to put their money towards the simple investment.  Index funds stay fairly consistent because they change with the market, which is part of what makes them low risk investments. They are ideal to generate savings over a long period of time, so can particularly benefit people who are beginning to save for retirement.

Classic Cars

Classic cars are often seen as an expensive investment, one which usually ends up in several trips to the garage due to break downs! However, classic cars are increasing in value. In the last year alone their value climbed by 12%. Several classic cars which are particularly worth investing in include Series 1 Land Rovers, Mark 1 Jaguar E-types and British classics like the Triumph Stag. It can be difficult to predict the future classics, so be sure to invest in a classic car which you love. Some potential future classics to watch out for include the Porsche Boxster 986, the Fiat 500 and the Alfa Spider. These cars have all seen their values rapidly increase over the past few years. The younger you are, the more beneficial a car investment is because it has longer to accumulate value.

Before you invest in anything it is important to consider how long you are going to invest for, will you see a return on your investment in this period? It is also important to know how much money you are going to put towards the investment. The golden rule is not to invest all of your money in one place. Although it can seem daunting, starting to make investments as early as your twenties can be highly beneficial in the long term. If you are unsure, try to start small and build your way up to making larger investments.


 

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