Best Ways to Invest Money in 2021

Don’t fall into the trap of thinking that investing is reserved for the already rich.

There’s not a single correct answer here since the right investments for you will depend on your answers to the questions outlined above — that’s why I’ve highlighted who each of the investment types below is most suitable for. Let’s go! 

Best for: Longer timeframes and higher risks for higher returns. When you buy a stock, you essentially become a shareholder (or owner) of that business — so whenever the company increases in value, your investment will also rise in price.

Stocks

Best for: Longer timeframes and lower risk. If you like the sound of the returns and liquidity that stocks can bring but not the high risk and the need to handpick your investments, I’ve got great news: you can opt for a fund instead.

Mutual Funds

Best for: Shorter timeframes and lower risk. Although I said I’ll focus on investment strategies for longer timeframes and goals, an article about the best investments wouldn’t be complete without giving an honorable mention to a top short-term investment option: bonds.

Bonds

Best for: Portfolio diversification and stable returns. I want to address something right away. Although I just said that real estate offers stable returns, this isn’t true all of the time. Properties have inherent value so their prices will generally increase over time.

Real Estate

Best for: High risk and high returns. Last but least, we have cryptocurrencies. This certainly isn’t an option for the faint-hearted — it’s no secret that the crypto market is somewhat wild, and you need a clear strategy for the price swings.

Cryptocurrencies

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