By 2019, investors are wondering where should I invest my money? which fields or industries will be profitable to investments?! well, in this article we try to we offer you a helping hand.
Best Investments To Make In 2019
1- Invest yourself
No matter what happens to the economy over the next few years, there’s one thing you have total control over, You. Regardless of how you plan to invest in 2019, Now may be the best time ever to invest in your career and your future. Try to ask yourself if there are any small improvements you could make that could make you more valuable to an employer or your own business.
2- Artificial Intelligence (AI)
There’s an amazing array of AI applications on the market right now. We’re not quite at the point of iRobot, but expect this term list to be automated in 2019. Japanese tech company Groove X released a robot this week whose only task is to make people happy. which makes you wonder; if AI getting we just getting easier to figure out?
3- Real Estate
many experts believe that real estate is in a bubble. Prices continue to go up and up with no end in sight. If you’re not someone who wants to invest in physical real estate, you can always buy Real Estate Investment Trusts or REITs. REITs allow you to take advantage of the upsides of the real estate market without getting your hands dirty or dealing with the hassles of being a landlord.
Real estate crowdfunding sites like Fundrise.com, RealtyMogul, And Rich Uncles also allow you to invest into real estate notes or shares. Fundrise.com has offered returns between 8.76% and 12.42% for the last couple of years.
4- Stock Market
there’s an incredibly easy way to invest more money into the stock market that could also help you save money on taxes. By adding more money to your 401(k), you can reduce your taxable income and grow your wealth in one fell swoop. Also, remember that you may be able to reduce your taxable income by investing in a traditional IRA and that you can invest after-tax dollars in Roth IRA too provided you meet income requirements.
5-Subprime Auto Loan
Auto loans are the largest area of consumer debt. And as interest rates rise, those loans get costlier for people who are finding it harder and harder to make ends meet.