5 Worthwhile Investments to Make in 2019
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Safest Investments to Make in 2019
Investing—it's a word that strikes fear in many.
One cannot simply invest in something without doing plenty of research, but who has the time? And with the stock market as volatile as it is, what is even worth investing in these days?
Before we turn you away from investing, remember it's actually a pretty great thing that can help your finances immensely when you're aware of what you're doing and the best things to invest in.
If you're not sure what's worth investing in this year, we've done the research for you. Scroll below for five of the safest investments you can make in 2019.
Art is a booming industry to invest in. Though it can be quite costly, it's worth the payoff. As with any investment, there are always some risks, this is why it's critical you come up with a plan for your investments and actually enjoy the pieces you purchase. There's nothing more unsatisfying that being stuck with an art piece you don't fancy.
If you're looking for places that'll help you invest in art, here are a few resources:
While investing in real estate is somewhat risky, you don't need to go out and buy a second home to rent out. There are plenty of different ways you can invest in real estate, depending on what you're looking for and your budget. Whether it's buying rental property or purchasing Real Estate Investment Trusts, the options are endless.
If you're looking for places that'll help you invest in real estate, here are a few resources:
Private equity is essentially investing in privately owned companies. While they're a more stable investment than the stock market, you'll have to shell out a pretty penny for your investment to do anything. Investopedia offers a great breakdown of everything you need to know before investing in private equity.
If you're looking for places that'll help you invest in private equity, here are a few resources:
Still have debt? Make 2019 the year you pay it all off.
In an interview with U.S. News, Patriot Bank executive vice president Judith Corprew states, "Many investors forget that paying down high-interest debt will sometimes offer more benefits than almost any type of investment. Imagine you have $20,000 of credit card debt with a 23 percent APR. Very few investments earn that kind of return. By paying down that high-interest debt before you start investing, you can save money long term."
If you're looking for paces that help you pay off your debt, here are a few resources:
We admit this last one is a bit cheesy and we don't have any statistics to back up our claims as to why you should invest in yourself, but you should. If there's been something that you want to do, but you've been holding yourself back, let 2019 be the year you do it. We're not saying you need to open up a business or own all the real estate in the world, but there are plenty ways you can invest in yourself. We'll leave it up to you to figure out the best way to go about that.
We Want to Hear From You
What's the best investment you've ever made?