Why are analysts predicting more people will be investing this year? First people are already growing concerned that we are close to seeing a repeat of 2008. In 2008, the stock market crashed, and unemployment rates soared in the western world. This was because huge numbers of people were borrowing and buying things they couldn’t afford with money they didn’t have. It’s happening again. If you’re renting property right now, you might think you’re safe as long as you pay your rent. But, what if your landlord owns your property based on a mortgage and has stopping making payments? It will be you who gets evicted. You might be wondering what this has to do with investments. If the market does face another crash, people want to know they have a little extra money in the bank. The best way to do this is to invest. But it’s not the only reason.
Massive Opportunities With Growing Potential
It’s important to understand that the possibilities of investing have grown. Now, you can invest in whatever you think has a good chance at being a success. For instance, you might have had a browse on Kickstarter. If you invest in one of the start up companies that’s a type that could pay off if the new business makes it big. Or, what about investing in oil? While naysayers would have you believe the oil market is on it’s last legs, this simply isn’t the case at all. New holes are found every month with massive amounts of potential profit attached to them. If you want to get into oil investing the door is wide open. It’s recommended that you don’t invest more than ten percent of your liquid assets. But even that small amount could lead some people to gain massive amounts of investment.
As well as this, you need to look at forms of investment that are still growing. For instance, you might want to look at investing in water. Experts predict we’ll see big investors buying stocks in water this year. The reason for this is that researchers believe we are nearing the limit of this finite resource. In the future, investing in water could make people very rich indeed.
More Money To Spend
Although we started this post with the doom and gloom of 2008 it’s important to understand the country is in recovery. The economy is stable, and people’s incomes have increased again over the past few years. That means that a number of people are starting to earn more than they were used to. They can afford to invest and this is why it’s likely we’ll see a lot more people take that chance this year.
New Ways To Invest
In the past, to invest your money you needed to be one of the top dogs on Wall Street. You needed to be in a room yelling a big wall monitors and bidding. But now, anyone can invest from the comfort of their home. They can watch on a laptop screen as their stock rises or falls and then get in touch with a broker to make a quick sale. It’s a new age of investing. An age that is open to everyone willing to take a risk.
