Bethany has just received a large windfall form her parents’ estate. She is looking for the best ways to invest.
If you are looking for the best things to invest your money in in 2019, you need to make some comparisons. Find out which will bring you the most returns for the least amount of risk. Bethany needs to be prudent about how to make the most of her investment.
This is a less risky way of investing. Saving in this type of account means that it collects interest. Bethany will get the most returns on her investment if she opts for a high-interest account. It will also be just as useful as an emergency fund because having one means that she won’t have to tap into her other investments.
Buying a stock means that you own a small portion of a company. When this company makes profits, you are paid a portion of these profits. For Bethany, making a sound decision means that she needs to consider the company’s management, its position in the market and other factors. Do your research prior to making any investments.
Investing this way means that you can buy a basket of stocks in one purchase. A mutual fund manager chooses the stocks based on a number of factors and makes the decision on your behalf as an investor. This is e a solid way to diversify one’s portfolio. By investing in different stocks, Bethany’s investment stands a better chance of bringing returns for her.
Investing in gold may serve as a safeguard against hard economic times and is one of the best things to invest your money in in 2019.