For folks new to finance, or new to the business game entirely, investment can be daunting ordeal. In a world filled with scams, the fear of being tricked is too large to ignore. So, most people resort to storing their money away with banks. Although this may be the most secure option, it won’t generate much income.
To get the juices flowing and give you some ideas, this post goes through some unique investment opportunities available. Always do your own research when looking into something like investment, and speak to professionals if you need advice.
Cryptocurrencies
You’ve probably already heard of BitCoin. It’s the most original and most popular cryptocurrency in the world. But what exactly is it? Cryptocurrencies are a new way of distributing money, which don’t rely on centralization, like traditional means. Instead of one bank or organization being the ones to keep track of the population’s finances, everyone keeps track. This is done on a peer-to-peer network; to further aide decentralization.
There have been issues with these currencies in the past. In several cases, huge amounts of money have been stolen. But, this is always down to the owner of the coins. These cases spring up when a company ignores known issues with the currency’s platform. When handled correctly, cryptocurrencies should be completely secure.
But, why invest in this new tech? Well, over the years, these currencies have made a select few very rich. The only thing that you have to do is keep an eye out. New cryptocurrencies spring up all the time. And the newest currencies, are the easiest to get your hands on. Being an early adopter of one of these platforms can conjure up a small fortune.
Commercial Property
Of course, you can’t put all of your eggs in one basket. Especially since the basket isn’t guaranteed to get you anything. If you want a guaranteed return, property is always a good way to go. But, property investment can be a dangerous game. So, how do you avoid issues?
It’s all about investing in the right kind of property. Residential property is great. But, it comes with unwieldy monthly fees, as well as the risk when it comes to getting paid. Going down the route of commercial property, through a triplenet gateway company, is much safer.
With these gateways, you only have to pay your initial investment. Then, the tenant of the property will pay the rest of the bills. This is less risky than residential property, as it’s easier for a good business to pay rent. You also don’t have to deal with large, unexpected bills. And, best of all, it’s all handled for you by the gateway. You just throw in your cash and watch it grow!
Smartphone Apps
If you fancy yourself as a bit of a tech mogul, investing in first-time developers can be a great way to make money. Loads of new developers underestimate the time they need to complete their projects. This means that they usually run out of funding, and have to start developing part time. Your investment will go into their living, while they develop the software.
You’ve almost certainly seen at least one viral app. This is a game of luck, or clever prediction, more than anything. If the right app is released, at the right time; it can make millions.
These are just a few ideas to get you thinking about what you’d like to invest in. These methods won’t work in every country; but, you can always invest overseas.
