The 3 Smartest Ways to Invest Your Money in 2020

The 3 Smartest Ways to Invest Your Money in 2020

It’s finally happened. You have managed to save a bit of money and are now looking for a worthwhile investment before you spend it all on a fancy holiday. Well, keep reading to find out the best ways you can invest your money wisely to see actual returns. 

Let’s get to it. 

1. Buying Property in Liverpool 

If you don’t already know, Liverpool offers the highest yields than any other postal code in the UK. This means that any property you purchase can provide up to a ten percent yield – which is high. To find the right place to buy can be the tricky part. Luckily, property sourcing Liverpool companies like Winova Properties, make it transparent and simple. 

First, what does a property sourcing liverpool agent do. It’s quite simple actually. Unlike a broker or real estate agent, property sourcing liverpool company helps you find the best place that meets your criteria. They have no interest in finding you a more expensive property or pushing you into a place that won’t give you a good return. 

Rather they are completely committed to sourcing the best properties for you with an investment of only £5,000. This money is used to refurbish the property and raise its value. The property sourcing liverpool will then       sell the property or refinance it depending on your needs. 

2. High-Yield Savings 

You may be surprised to find out that your savings account should giving you money not just holding what you deposit. Choosing a high-yield savings account can offer you the following benefits:

  1. Less overhead costs 
  2. Accounts that pay up to one and a half per cent 
  3. Considered a safe investment as they are offered by FDIC-insured banks
  4. As liquid as can be – add and remove money when you want 

Instead of just sticking your hard-earned cash in a piggy bank or low-yield account, look into these types of savings accounts. 

3. Update Your Portfolio

Do not dump your stocks. Instead, the experts suggest staying the course but choosing safe investments that will carry you through to the next bull market. Healthcare is always a good sector to invest in as are Biotech companies. Here are some other profitable sectors:

  • Technology, such as Apple
  • New energy sources like Vanguard Energy and iShares global          
  • Diagnostic companies like Hologic Inc
  • Brand name goods for consumers like Pricesmart

For a complete list, you can check out Forbes which comes out with a list of the top-rated S&Ps every year. Each type of investment you make will come with risk but by following the experts and choosing wisely you can dramatically strengthen your portfolio. 

Wrap Up 

If you are ready to see some income come in and grow for a chance consider one or all of these great investment options. Whether you choose a savings account with higher yields or diversifying your portfolio, investments are a great way to earn money with little to no effort. For significant growth consider buying a property in Liverpool. For more information go here!