Investing is an excellent way to make your money work for you. With that said, it is vital that you know which investments are the best to look into in 2019. Today, we’re going to look at six worthwhile investments that you should look into for 2019 and beyond.
6. Real Estate
As house prices continue to rise, investing in local real estate is a promising way to earn additional income. If you look to delve into real estate, make sure that you have at least some requisite knowledge of the housing market. Overall, if you make smart, thoughtful decisions, you will have no problem earning a significant amount of money.
5. Municipal Bonds
Municipal bonds are another investment that is returning excellent dividends for investors. A municipal bond is typically handed down by the government to fund specific projects. However, individuals can often get tax-free municipal bonds with high returns. If you are interested in investing in municipal bonds, we recommend reaching out to a reputable broker. They will see you through the process of purchasing the best municipal bonds.
4. Growth Stocks
Every year, dozens of companies explode onto the scene, quickly amassing millions of dollars in sales revenue. Investing in stocks from companies who achieve, and sustain growth such as this is known as growth stock investing. Smart investors pounce of these stocks, knowing that they will provide both short-term and long-term success. Finding the right growth stocks takes time, dedication, and thorough research. Because of this, it is often beneficial to hire a broker to do the heavy lifting for you.
3. Savings Account
A tried and true method of investment is a savings account. With online banks increasingly dominating the industry, customers can enjoy interest rates higher than ever. Several online banks offer interest rates upwards of 2.00% for savings accounts. Because of this, it is a smart idea to funnel a portion of your money into high-interest savings accounts.
2. U.S. Treasury Bonds
U.S. Treasury bonds remain one of the safest investment options. These bonds appear in three different forms – T notes, T bills, and T bonds. Each of these bonds is extremely low-risk because they are fully insured by the U.S government. This means that whether U.S. Treasury Bonds go up or down, you can count on keeping your money.
1. Certificates of Deposit
Finally, certificates of deposit are one of the premier investments gaining popularity. A certificate of deposit holds many similarities to savings accounts, with the main difference being higher interest rates. Additionally, certificates of deposit are insured, meaning that your investment is safe. This method of savings is particularly beneficial for individuals who can keep their money tied up for a significant period of time.
Hopefully, this post has offered you some valuable insight into the safest investments that will have excellent returns. If you are looking to make smart, calculated investments, these six options are each worth checking out.