Where and how to invest your money that is not in stocks? Investing in stocks or Robo advisors is very complicated and difficult for most beginners. For that reason, I decided to create a list of investments that you can do to grow your money in a more secure way.
It is always important to remember that although these methods are safer than investing in the stock market. All types of investment have a certain degree of risk. Choose the type of investment that best suits your goals and budget.
Invest Money In Gold
Investing in gold is usually one of the best long-term investments in times of crisis or recession. Gold is a natural protector of markets.
Over time, gold has not stopped increasing its value. As we can see in the following graph, its price continues to rise despite the pandemic. Even when world markets fall.
How and where to invest money in gold?
This article does not include investments in the stock market. So, the only option we have left to invest money in gold is to buy physical gold. Some examples of physical gold are buying coins, bars, jewelry, etc.
Where to buy physical gold?
During times of pandemic, going to a physical store has become a total mission. So we recommend that you make your gold investments online. Here we will show you some of the safest and most popular online vendors where you can buy physical gold in any quantity.
Invest Money In A Heat Press Machine
The t-shirt selling business is at its best because more and more people are shopping online and the sales of shirts have exploded lately.
There are several ways to start a t-shirt business. But we will focus on the way that makes you the most money. Can you guess what it is? Right, buying your own heat press machine.
Buying your own heat press machine puts you at an advantage against sellers who use print on demand services because you do not have to share the profits with any company.
Where to buy heat press machine and how much to invest?
Investing in a cheap heat press may seem like a good option but it’s not. As you may have to upgrade in the long run when your business grows. I recommend you make an investment of at least $ 1000.
Heat transfer warehouse offers a wide variety of heat presses and blank t-shirts. If you are interested in knowing where to buy designs for your t-shirts and where to sell them, please let us know so we can send you a personalized list.
Invest Money In Coins
Coins as an investment? Yes, Investing money in gold and silver coins is one of the most popular investments. One of the reasons is because you can buy and touch the investment with your hands.
This gives you a sense of security because you know that as long as you take good care of it, you will not lose your investment, unlike with the stock market in which one day you can wake up and your account may be negative.
How and where to invest money in coins?
To invest money in gold and silver coins you have to create an account with an online coin dealer. I personally buy mine from goldbroker.com. Check this list of coins that could be of your interest here.
Invest Money In a Dropshipping Turnkey Website Business.
Investing in a Dropshipping store is one of the best investments you can make right now. According to Shopify, it is expected that by the year 2023 online purchases will more than double.
With this in mind, we can join the list of online stores that are very successful serving as intermediaries or better known as drop shippers.
The Dropshipping business consists of creating or buying a website with products that you will never touch or ship. When you receive an order through your website, all you have to do is send the order to the supplier and they will take care of shipping the product to the buyer.
But I don’t know how to create a Dropshipping website…
Not knowing how to build websites in 2020 is not a limitation to invest in this type of business. As you can invest a little money in a Pre-built store, with integrated products and very well designed.
If you want to invest in a Dropshipping store I recommend dropship.me with them you can buy a Dropshipping turnkey store at only $ 299.
Invest Money In PLR Products
What are PLR products? PLR stands for private label rights. PLR are digital products that you can buy such as ebooks.
When you buy an ebook of this kind you can customize it and resell it. Once your ebook is customized to your liking, you can resell it on other platforms that are dedicated to selling ebooks such as amazon, Shopify, eBay, tradebit etc.
You could also create your own website and create articles that are related to the ebook. This way you won’t have to share the profits with anyone else.
The most important thing, in this case, would be to generate large amounts of traffic to your website using techniques such as SEO, emails, forums, or paid advertisements. I personally recommend using indigitalworks.com
Invest Money Learning A Skill.
Investing money to learn a new skill is one of the best ways to invest in yourself and your future.
The more you learn, the more you earn.Warren Buffet
If up to this moment you had always wanted to learn a new skill or improve in your area of expertise, don’t wait any longer. The best investment you could make is learning a new skill. You could take online courses online. I recommend Skillshare.com
In conclusion, how and where to invest money will depend on your budget and time that you can dedicate to your investments. Which of these alternatives will you invest in? or