The 5 Best Investments To Make In 2021

1.Stocks – No one can say for certain which way the stock market will head in 2021, but investing in stocks has always been about playing the averages. And the averages strongly favor maintaining a large position in stocks.

2. Real Estate - Given the steady rise in residential real estate prices, as well as turbulence in the commercial real estate market, the sector does look like a mixed bag going into 2021. But that’s exactly why it may deserve a close look in the coming year.The real estate market on both the commercial and residential side will more than likely fall off a proverbial cliff as forbearance programs come to an end and stimulus funding runs out in early to mid-2021

3. Make 2021 the Year You Begin Investing in Yourself - This is one of my favorite “investments”, even though most people probably don’t think of it that way. But investing in yourself is often the best long-term move you can make. It offers an opportunity to increase your earning power, which will have a major, positive impact on any other investment activity you participate in.That may be more important to do in 2021 than it has been in decades

4. Invest in a Side Business - Much like investing in yourself, a side business isn’t typically thought of as an investment. But it is very much an investment, even though time and effort may be your actual investment, rather than money. And in a very real way, investing in a side business is the ultimate form of investing in yourself.I’m personally a big fan of big hustles

5. Gold -Over the years, investment in gold has given consistent returns of around 10% beating inflation and providing diversification. A better way to invest in Gold is through a Gold mutual fund, Gold ETF and Gold bonds.You can also invest in Sovereign Gold Bond Scheme regulated by the government and RBI. You will own gold in ‘certificate’ format. The value of the bonds is assessed in multiples of the gold gram. The initial minimum investment is 1 gram of gold.