Are you ready to invest your money in 2020? Then you must have a strong understanding about the best investments 2020. Then you will be able to invest your money accordingly and make sure that you are receiving the positive returns offered.
Where to invest money to get good returns? If you have this question, you can take a look at this list of best investments to make money. You can go through the list and get your hands on the perfect investment strategy, which matches with your preferences. Then you can go ahead with it and start receiving the outcomes sent on your way.
- High yield savings accounts
Any person who wants to get hands on an excellent short term investment strategy in 2020 can take a look at the high yield savings accounts. These savings accounts will be able to provide you with the opportunity of making more money on interest when compared to traditional savings accounts. Therefore, you will be able to end up with multiplying your money quickly. The best thing about this investment opportunity is that you will not be restricted to a minimum deposit amount. You can go ahead and invest any amount you have. On the other hand, you will also be provided with access to money that you have at all times as well.
- Deposit certificates
Deposit certificates can provide an experience that is quite equivalent to savings accounts. However, you can receive better returns when compared to savings accounts. However, you need to understand that the money you deposit or invest will not be available to you until for a certain period of time. If there is an urgent need to get back money, you will have to pay a penalty.
It is possible for you to place deposit certificates ranging from 3 months and go up to 60 months. If the duration is high, you will be able to get a better interest rate. In general, the interest that you get will be fixed and there will not be any changes to it. Hence, you can even predict the exact return that you are gaining out of your investment at the end of the day.
- Investing with the help of robot advisors
You can find numerous investment platforms out there on the internet, which will provide you with the opportunity to go ahead with investments while getting the help of robot advisors. If you don’t have a lot of time to be spent on investments, you can take a look at this investment method.
In here, an automated software application will do investments on behalf of you. Hence, no human interactions are associated with it. You can trust on the robots and allow them to invest your money and provide you with the returns that you are looking forward to get at the end of the day. You should still do a bit of a research before you select the right platform to use robot advisors.
- Exchange traded funds
Exchange traded funds, which are also known as ETFs are a trending investment method that you can find out there in the world in 2020. This investment method is a combination of assets and commodities. In here, commodities refer to gold, whereas assets refer to foreign currencies, bonds and socks.
EFTs are ideally designed to cater all the needs of individual investors out there. You can also think about calling this as an excellent short-term investment opportunity available to consider. The exchange traded funds will be traded within the public stock exchange. You can sell, buy or trade them with ease. Therefore, you will be able to move forward with the investments in a convenient manner at all times.
- Peer to peer lending
Along with the development of technology, peer to peer lending has become popular. You will be able to work as an investor and invest on these P2P loans. It can also provide you with the chance to end up with securing excellent returns at the end of the day.
You need to take a look at the reputed platforms, which offer P2P lending. Then you will be able to diversity the overall loan portfolio and invest in small amounts. There is a possibility for you to get hold of monthly payments for the investment that you do as well.
You can keep on investing for the loans and you will be provided with the returns that you are looking forward to receive in return. You will never regret about this investment opportunity because of its ability to deliver high returns.