You got your savings to the level you wanted it? Great, now it’s time to invest it in something. You need to do this because the money come and go, but investment can create even more of it.
In this article, we’ll tell you a few safe ways to use 300 thousand US dollars. Read on and see out ideas. If you like some, feel free to use it.
Gold is always a good idea. Ingots, bullions, jewelry, it doesn’t matter. What matters is that this precious metal never goes out of style and its price is always going up after a while. See on this link what is the momentary gold bullion price.
But why gold? Because this precious metal has a history of being one of the best materials to invest in if you want your money to be safe. Why do you think all powerful governments of the world keep their wealth in gold? Because this is the safest way to protect it.
If you take a look at history and how the price of it moved, you’ll see that in the long run, you can’t lose. In the last 50 years, the value jumped more than three times. The most important thing is that it’s not going to go down any time soon because of more reasons. One – there’s more and more demand for it, and two – the world’s mines are depleting slowly. Buying is a safe investment that might pay off very fast or you’ll have to wait sometime. Either way, it will pay off.
Invest in real estate
Every experienced businessman will tell you that buying real estate is the best idea to use the money you earned. Why? Because houses, buildings, and other assets never drop in value. A small refurnishing will always get it back to its original value.
The only thing that can make it drop is a natural disaster. Tornados, earthquakes, and floods. However, this is not something that happens every day and it’s not something that will surely make damage so great that you’ll lose the investment. After all, a simple insuring of the place will get it done.
Whenever you need the money back, you can sell it again. A lot of people buy places that are not expensive, do a little makeover and sell it back for a higher amount. Others rent it, and profit from it on a monthly level. Either way, it means that you can’t lose with real estate.
Bonds and shares
If you want something that’s a little more gambling, a 300k can make you a serious player. Investing this in shares is a great idea. The problem with it is – you can’t be sure how the company you’re investing in will play in the future.
Bonds, on the other hand, are something else. It is a way to borrow your money for the needs of a company, municipality, or government. The good part here is that your fundsare secured for a period that you’ll agree on and at the end, you get it back with the provision you also agreed on. For example, if you lend 300k, you get back 340k after 2 years.
Doing this with governments and municipals is a safe deal as they can’t simply stop existing. Companies, on the other hand, bankrupt all the times and dealing with them is not as safe. Of course, you can gamble here too. Offering a higher interest is what’ll keep you satisfied, but the risk of never getting your money back as they are remains. Learn more about bonds here.
These are some of the most interesting and safe ways to invest your money. There are more, of course, but you can’t go wrong with any of these three ideas. You’re surely thinking thoroughly about how to use your funds and you’re right it is not an easy task deciding.
The gold idea is clean and simple. You buy it, place it in a safe, and wait. The real estate business takes a little more effort, while the bonds are also easy to do but they carry a little risk with it. It’s up to you to choose what fits you best.