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Home» Questions»Q 1081
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Obaro Ese
Obaro Ese
Asked: July 25, 20232023-07-25T19:31:22+00:00 2023-07-25T19:31:22+00:00In: Money & Business

What is the best thing to invest in to get money?

Where can one get the most return on my money if i want to invest? I’m trying to figure out which investment will be the most profitable, and I was hoping that you might give me some advice on the matter. I’m interested in making a purchase of some gold coins, but I’m not sure which ones are considered the most valuable. Could you please recommend the most profitable investment to me?

In order for my money to increase over time, what do you recommend as the most effective strategy for me to invest it?

investment ideasprofitable investment
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4 Answers

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  1. Mika
    Mika Expert Mind
    2023-08-15T08:31:42+00:00Added an answer on August 15, 2023 at 8:31 am

    I do not think there is anything better than crypto when it comes to make a lot of profits through investment. If you don't believe me, just look at how bitcoin has grown. Just in 14 years bitcoin has grown from zero to 29 K USD. The value was $68K in November 2021. However, it is also risky to inveRead more

    I do not think there is anything better than crypto when it comes to make a lot of profits through investment. If you don’t believe me, just look at how bitcoin has grown. Just in 14 years bitcoin has grown from zero to 29 K USD. The value was $68K in November 2021. However, it is also risky to invest as the market is volatile. However, if you invest for a long term investing in crypto can give you a good returns

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  2. Suba
    Suba Knowledge Seeker
    2023-08-07T07:30:17+00:00Added an answer on August 7, 2023 at 7:30 am

    Before you decide to invest, you should know your risk profile, the higher you expect profit from investment instruments, the higher the investment risk. But when you are interested in investing in gold coins, it means you have a conservative risk profile, so it's better for you to choose low-risk iRead more

    Before you decide to invest, you should know your risk profile, the higher you expect profit from investment instruments, the higher the investment risk. But when you are interested in investing in gold coins, it means you have a conservative risk profile, so it’s better for you to choose low-risk investment instruments such as deposits, residential property, gold, money market mutual funds. and I do not recommend that you invest in high risks such as stocks and cryptocurrencies.

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  3. yusra
    yusra Trusted Adviser
    2023-08-05T04:00:04+00:00Added an answer on August 5, 2023 at 4:00 am

    There's no one "best" investment to get money, as all investments involve some level of risk and potential rewards. However, here are some relatively safe options to consider for growing your money over time: Index funds that track the broader stock market, like S&P 500 index funds, can provideRead more

    There’s no one “best” investment to get money, as all investments involve some level of risk and potential rewards. However, here are some relatively safe options to consider for growing your money over time:

    • Index funds that track the broader stock market, like S&P 500 index funds, can provide relatively stable returns over the long-run. The key is investing regularly over many years.
    • Broad market ETFs also offer diversification and market-like returns for very low costs. Examples are total market or total world stock ETFs.
    • Blue chip stocks, or large established companies, tend to be less volatile than smaller companies. Investing in a basket of these stocks can provide dividend income and growth potential.
    • Bonds and bond funds provide interest income and tend to be less risky than stocks when held to maturity. Short-term and inflation-protected bonds are relatively low risk.
    • High-yield savings accounts and CDs offer modest guaranteed returns with virtually no risk to your principal. Interest rates are rising lately.
    • Real estate can generate income through rental properties or REITs. This also diversifies from the stock market.

    Patience and discipline is required to build wealth safely over time. I’d recommend speaking to a financial advisor to develop the right investment plan for your goals and risk tolerance.

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  4. Mika
    Mika Expert Mind
    2023-08-04T14:24:12+00:00Added an answer on August 4, 2023 at 2:24 pm

    In my opinion, real estate is the best market for investment. That's because real estate investment brings you cash flow. You will be able to earn from your real estate properties even when the market is down. However, in order to invest in real estate you need a lot of money. Investing in Mutual FuRead more

    In my opinion, real estate is the best market for investment. That’s because real estate investment brings you cash flow. You will be able to earn from your real estate properties even when the market is down. However, in order to invest in real estate you need a lot of money.

    Investing in Mutual Funds and ETFs is also a less risky investment. You can also start investing in Mutual Funds and ETFs with a small acmount.

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