Best Assets to Invest For Young Investors

Mika

VIP Contributor
Investing is the best way to grow your wealth, but you should not wait until you are in middle age to start investing, you should start as early as possible. However, you also need to identify profitable assets for investment.

Cryptocurrency: Crypto tops the list of best assets to invest in for young investors because this is an asset that can make you super rich with little investment. However, it is risky therefore, don’t invest a lot of money.

Treasury Bills and Security bonds: These investment options are offered by government and government agencies, and have almost zero risk

Mutual Funds: Comparatively this is also a safer investment option because a panel of experts will invest on your behalf.

Real Estate: Needs huge investment money, but real estate is a less risky investment option. You also get passive income through rentals.

Startup: If you worked on the right idea, your start-up has the potential to become a big business.

Last but not least Exchange Traded Funds, Growth Stocks, and Dividends Stocks are also good investment options for young investors.
 

Jasmine

VIP Contributor
I agree about crypto currency investment for young investors. Crypto has the power to convert $100 into $1000 pretty soon. Well, $100 can also be $1 but loss in the market happens every where, we have seen even big companies gone bankrupt, therefore, you should not worry about making loss in crypto market. However, in order to invest in crpto, you will have to remember a couple of things. Invest in crypto that has use case and not just something that is just an investment asset. Secondly, do not invest a lot of money in the crypto market, because we all have seen how Bitcoin hd down down to $19K from $68k in less than 6 months. IN order to minimize the risk associated with crypto investment, you also need to invest in something that is less risky and can recover your loss when your investment in other market goes wrong.
 
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