Diversification, diversification, diversification. This is key to investing your hard-earned cash and minimising risk. Diversifying your investments means that you spread your money over a range of assets and industries. We’ll explore a 3 of the best short-term investments with the lowest risk below:
Forex is one of the largest financial markets in the world. Trillions of dollars’ worth of transactions occur on a daily basis. It is advised that you enlist the services of a broker, dealer or bank, however, as this market is volatile because of the sheer volume of the market. Online resources are available online such as e-books and tutorial videos to help you.
Would you believe that a few years ago, a single Bitcoin price was less than $1? since then, it has gained huge momentum and is now worth risen to $2600! Many online casinos also accept BitCoin as currency, one site – casinoza.com – lists all the ones in South Africa who do.
The yields of junk bonds can be quite lucrative compared to other income-producing assets due to stock market instability, dropping oil prices, and concern over interest rates, and according to experts, yield spreads have widened.
Index funds pool money and can be used to purchase many investments, stocks, of bonds at once. You can actively manage a fund with a professional manager or track an index, and they are effective for building a diversified portfolio. Index Funds are usually easy to manage, and require less expertise and time than creating an investment portfolio of individual stocks and bonds.
- Also See Tax Hacks