There are thousands of investment opportunities that one can look at before choosing the best. However, it is imperative to conduct in-depth research of a particular investment opportunity before deciding to put your money. A serious investment personality will seek to get advice from experts. This will help him not to lose money in an investment venture that will not bear fruits. Here are a few investment ventures that are bound to bring good returns whenever you think of an investment plan.
Consider Real Estate Investment Trust
Despite the advent of the coronavirus pandemic, real estate investment has been on an upward growth. This is because people are always in dire need of housing because of the increasing population. There is a high demand for housing especially in urban settlements because of an influx of people moving to cities to look for employment. In addition to investing in real estate itself, consider putting most of your money in the real estate trust. Here, you will be assured of security for your investment and your returns will be overwhelming. Like the famous Warren Buffet said that there are only two rules of investing, rule number one is to ensure you don’t lose money when investing and rule number two is to remember rule number one. From the statement, it is clear he is giving investors caution to be careful where to invest their money.
Invest in Your Personal Growth
This is a fundamental idea that will give you an edge over the rest. Personal investment is essential because you will be improving on your skills and expertise. This can be done by acquiring more knowledge by going for further education and training. As such, you will be equipping yourself with permanent investment knowledge that never dwindles. This is one of the investment opportunities Alexander Djerassi is advocating for. He is an astute diplomat and entrepreneur who has touched many lives in the San Francisco area of California. He is very passionate about advocating for self-investment through career advancement, which will not only change your life but that of people around you.
Invest in a Side Hustle or Business
Smart people will always look for ways of making that extra coin from your normal revenue income. Having multiple income sources will make you become financially stable and should you lose your job, you will have something to fall back on. Starting a side business is not that expensive, people have started a side business worth hundreds of dollars and they have paid off a hundred folds. A study conducted by The Harford in the US showed over 25 percent of people employed in the US have other side businesses. This shows how people are very keen on ensuring they maintain good financial standings.
Invest in Your Family
An important aspect of investment that is always forgotten is investing more time with family. Being an entrepreneur and lawyer, Alexander Djerassi takes a keen interest in his family and spends time with them. He says a happy family is a lifetime investment that you will never regret having.