2021 looks beautiful so far. With the new beginnings comes the new ray of hope that things will change for the better. Since we have moved towards a better year, with fresh thoughts, a fresh mindset and certainly to explore new options. Not ignoring the fact that however, 2020 was a year of certainty for most of them, maybe due to social, economic or some other reasons. Economic concerns lingered for quite a long time which impacted the investment options for the individual. But anyway, now, is the time to adapt to the new start & explore the new-age investment options.
What is New-age Investment Option?
This trend is causing some exciting changes to the world of investment. New-age investment options are unlike those traditional options. It is a financial asset that does not fall into one of the conventional investment categories. When you begin to think about alternative places to put your money, you must avoid scams and get-rich-quick schemes. Instead, focus on legit investment vehicles that may help you prosper.
Technology is sweeping the world and is doing it much faster than all of us can anticipate. Every single aspect of human behaviour is getting disrupted. The smartphone is killing all traditional touchpoints and folding everything in the palms of customers.
Peer-to-peer lending, also known as P2P lending. Peer to peer lending is the process of lending money to individuals or businesses through online lending platforms. Any individual investor or financial institution can become an investor of peer to peer lending and earn interest paid by the individual or business who has borrowed money.
Peer to peer platform is taking the banking model and revamping it entirely to create a favourable investing and borrowing climate. Peer to peer platforms function completely online, hence investors can earn a better rate of interest on their investments.
There are many P2P lending companies to choose from, including LenDenClub.
Your money is typically pooled with other investors’ money, and together you make a loan to the individual asking for funds. You’ll then receive a fixed repayment each month that includes the interest you’re owed. Often, the returns you get from P2P lending can be higher than those you’d get from standard savings vehicles.
When investing in real estate, you can buy and own property. You buy a house, duplex, or multi-family dwelling, like an apartment complex, have tenants live there, and collect rent. In many cases, you create a deposit, and therefore the bank finances the remainder. You get the rental income and appreciation from the property.
Before you think about buying property, ask yourself if you’ve got what it takes to be a landlord. It can accompany tons of headaches: Things break, accidents happen, and other people fall behind on rent. If you would like to urge the financial benefits of property ownership without all of the responsibility that comes with being a landlord, then you’ve got a couple of other options.
Gold is widely regarded as a tangible inflation hedge, a liquid asset, and a long-term store of value. As a result, it’s often a sought-after asset class and maybe a robust competitor to stocks.
Gold is considered an excellent diversifier due to its low correlation with other asset classes, especially stocks. This becomes more pronounced in tougher times when gold can act as a rescue asset.
If you don’t want to have your own business, you’ll want to think about owning a part of someone else’s. Startup companies that require money offer shares of their companies on equity crowdfunding websites. These sites include AngelList, CircleUp, SeedInvest, and Wefunder, and more.
If you invest during a company over an equity crowdfunding site, you own a part of it and can be rewarded if the corporate succeeds. The risk is that if the corporate fails, you lose part or all of your money.