What if you have some money in your bank account right now. Maybe 10k or a 100k and you want to invest that money. Where do you put that money into?

Today I will be talking about some places you can invest your money in from worst to best.



Disclaimer: This article is not financial advice. Do your ow research and this article is made for educational purposes only.

The best places you can invest money in right now.

1. Spending it away in luxury products.


This is probably the worst investment you can make. A lot of the times, I see people making some money ad then spend it way on somethings that you like or o luxury products.

I am not saying that don't pay yourself. That is something that you should be doing in a small percentage, maybe 10-20% of your income. There are way better places to invest, than in luxury products.

A watch always serves the same purpose, showing you the time. It does not matter if it is a normal watch or a rolex(brand, very expensive).

Save up your money and don't spend it like this.

2. Saving it in your bank.


Banks give you a small return of investment every year. Most people who don't invest just keep their money in banks.

The money that is deposited in the banks by you is given away as loan to other people. When the people give the money back to the bank, they pay interest for the loan.

A part of this interest is given to you every year.

While it may seem that your money is growing every year. That is not the truth.
While it is growing every year, the value of that money decreases.

Price of stuff every year grows due to inflation. If your bank gives you 2% interest every year. It is completely normal to see inflation go up by 3% every year.

So you see, you actually end up losing money. If you want a very low risk investment that saves you from inflation and also helps you to earn a little bit of money, check out the next number.


3. Government bonds.


If you don't know what government bonds are, they are basically stocks of the government. They give you a small return of investment and save you from inflation and earn you a little bit of money.

These places are way better than the bank and the risk is very low.

The reason for that being is that for a government bod to fail, the whole economy of the country has failed which is basically a recession or depression. If the economy collapses, these bods too.

But think about this, how often does a country go into recession. Yes not very often. About once in a decade. That is why i said the risk is very low. When a country goes into recession, it does everything it can to go back into the normal economy. So, the losses that may occur because of a recession will also go back to normal.

A thing that I would recommend you to do is research about the country and try to understand what the country is doing to grow it's economy. if the government of that country are doing a fantastic job in growing the economy, then this may be a lot more of a profitable investment.

For example, China has grown it's economy a lot because of the high trade volume, inventions, factories and many other factors.

4. Risky trades




These trades are investments that could sky rocket overnight while also crash overnight. These type of trades are usually crypto currencies.

I am sure a lot of you must have heard of Shiba .Inu. This crypto recently sky rocketed ad made people a ton of money.

There are a lot of other such crypto currencies and they usually have very low market caps.

These cryptos are not a good investment because they are extremely unpredictable.

You may make a lot of money but you can also lose a lot of money. If you don't have a lot of money, risky trades like these shouldn't be what you do.

However, if you have a lot of money to spend. You may try.

5. Stable crypto currencies




Most cryptos are really unstable. However, some crypto currencies are really big and may even have a lot of potential.

I wouldn't be scared to invest a lot of money into cryptos like bitcoin or etherium.

These have now become a lot more stable and if you believe that they have potential in the future, go ahead and invest in these.

However, if you do't understand this stuff, don't gamble your money.

Do you think Etherium and Bitcoin have a lot of potential? Comment below.

6. Stock market and mutual funds.


These are great investments and i would really recommend to invest in these.

There is a little bit of risk involved here though.

The most risk-free way to do this in my opinion is to invest i mutual funds, specifically in S&P 500.

This mutual fund has gotten about 10% in yearly returns from decades now. This makes it very promising.

If you want more return on investment that that, then you will need to go ahead with individual stocks.

The most safe way to do this would be to do your own research and find an opportunity like gamezop. There are plenty of courses available online which you can take to learn the stock market.

7. Your business.


You should definitely invest in your business. When I will make money from this blog, i will reuse it to get freelancers to write more content for me. This will help my business to grow.

You can also rum more paid ads on websites like google, youtube, bing, facebook and quora if you have an online business.

If you have any other type of business, then you can use the money to hire employees so that you can expand your business and make it better.

Improve your website, you can do many other things to reinvest in your business.

This is the investment you should do when you make first make money.

8. Invest in yourself


This is the best investment you can make.

 Investing in yourself. This means buying courses(not the scammy ones on youtube ads) and just investing the money into educating yourself, making yourself a better person and learning new skills.

In the log run, this investment is going to help you the most.

Some places from where you can learn new things is udemy and coursera.

Conclusion:


Okay so, these were the best places you can invest your money in from worst to best.

These investments do have some sort of risk, but if you do your research and invest properly, you can make money. You need to make your money work for you to make you more money.

Which of these places to invest in did you like the most? Comment below.

Thanks for reading.