We have finally said goodbye to 2020, which turned out to be a year like no other and we are all hoping to see an end to the pandemic and a return to normal. Despite these uncertain times, there are still good long and short-term investments out there, and with that in mind,
Here are some investment tips to help you create some wealth in 2021.
1. Gold & Silver
It is normal for investors to take their wealth out of fiat currencies when the economy is unstable and you can buy silver bullion from an established gold and silver bullion dealer. If you look at 2020 as a guide, you will see the price of gold has risen and this is likely to continue, at least until the pandemic is over. To purchase gold, search online for the nearest gold bullion dealer and pay their registered office a visit when you take physical possession of your gold.
2. Gold Coins
Gold coins are a unique way to store your wealth and many investors diversify their portfolio with gold coins, which you can buy directly from gold bullion dealers like City Gold Bullion Adelaide SA. There are many well-known gold coins and they can very quickly be converted into cash by simply selling to a gold bullion dealer.
This major digital currency tripled in value in 2020 and currently stands at over $31,000. Again, this is due to investors moving out of uncertain markets and into more stable commodities. The Internet is a great source of information and there are many websites dedicated to researching the performance of digital currencies like Bitcoin, and, of course, any investment has an element of risk involved.
4. Personal Protection Equipment
Buying shares in any company that manufactures PPE would be a solid investment, as the world demand for PPE is at an all-time high. Take a look at the stock markets and see how shares of such companies are doing and you will see a healthy share price increase. If you own shares in a company that is seriously impacted by the pandemic, it might be wise to move your wealth into a safer commodity.
5. Seek Out Professional Advice
If you join forces with an investment professional and are prepared to pay them a commission on the profits, they will invest your money on what they feel will offer the best returns. There are many investment brokers who are happy to work with you to increase your wealth. There are informative articles you can find online that share a few 2021 investment tips, which you might like to read.
6. Study The Markets
Whatever your chosen investment, you should keep up to date with prices and the Internet allows you to do this. Bookmark important websites and set up notifications that alert you when there are changes in the market.
The above are just a few ideas if you are looking to move investments into a safer commodity and let’s hope that 2021 is a much better year all around than the one we have just finished.