Looking for an idea on how to build wealth next year? Search no more! Here you can find many investment opportunities that will help you earn huge returns.
2020 is just around the corner and it is about time that you start creating your resolutions for the new year. If you are thinking about improving your financial status by earning more than you did this year, you’re in the right place.
It may be difficult to decide whether you should keep your money in a savings account or invest them in a promising idea. However, if you want to maximize the value of your savings, you should know that it is time to search for long-term investment opportunities. Let’s see the most promising sectors to invest in next year:
Tech companies
Today’s technology sector is more promising than ever before. We live in a digitalized era where tech innovations are launched on a daily basis. And, the best part here is that even if you are not a tech-savvy person, the tech sector offers so many investment opportunities that only require you to have the very basic knowledge about technology.
Data shows that, in 2017, the tech sector offered the highest returns to investors. And, we can all observe that this sector continues to evolve and grow at a very rapid pace.
What can you invest in? If you are passionate about technology, you should know that machine learning, AI, IoT, or cloud computing are all over the place these days. All industries and all companies, no matter their size, invest and use these tech solutions more than ever before. So, the main investment opportunity from this sector is investing in tech products. From software to chatbots, computers, televisions, websites or tech devices, you have plenty of choices to invest in.
Moreover, if you are more interested in the tech solutions that are set to reshape our world, you can also invest in tech companies that sell more innovative products from blockchain solutions to cybersecurity or cryptocurrencies. Any of these areas are very promising for the tech sector in the years to come, so, it is certainly worth it to bet some money on them.
How does investing in tech work? As an investor, you will be purchasing shares in one or more tech companies and get a share of the total revenue of the company once it earns a certain amount of money in revenue. Amazon, Tesla, Apple, Facebook, Netflix, and Microsoft are only a few examples of the most popular tech cash cows among investors.
Forex trading
The Forex trading landscape has grown to be extremely popular over the past decade. The 24/5 open decentralized market has become one of the most popular investment options for investors.
The Forex market is currently the largest and most liquid market globally. Currently, there are trillions of US dollars traded on the Forex market and millions of investors who buy and sell currencies every day, so, you can imagine the earning potential this opportunity offers.
Volatility, accessibility, high liquidity, safety, and flexibility are only a few of the main benefits of trading Forex. Moreover, unlike other investment options, you can start trading Forex at any time you decide. All you need is a computer and a good Internet connection and you are one step closer to earning huge gains.
One amazing benefit of joining the Forex market is the fact that you have the opportunity to test your skills without losing any money. Most brokers offer novice investors the opportunity to give their trading skills a try with a demo account where there is no risk of losing money.
Next, once you become an experienced trader, you should know that many PAMM Forex brokers offer investment opportunities for traders.
While starting your own business or investing in sectors you are not familiar with is highly risky and difficult, trading Forex is open to anyone no matter their experience and knowledge.
Wellness real estate
Investing in the wellness real estate industry is another great investment opportunity for 2020. According to the Global Wellness Institute, during the time frame 2015 to 2017, the global wellness industry experienced a 12.8% growth. And, the wellness real estate sector is expected to experience the same success as experts believe that it will grow to $180 billion by 2022. So, you should definitely reconsider if you want to miss this opportunity.
Wellness real estate has multiple investment opportunities as it has made its way not only in today’s homes but also in modern offices. The industry has been highly reshaped by the consumers’ trends who want a home that can help them live a healthy life. Since today’s consumers no longer want to experience wellness only during their vacations, they want to have this opportunity in their homes and offices too.
What should you invest in? Today’s consumers claim to be interested in purchasing homes or vacation properties that are located in areas where they can find multiple wellness facilities including spas or fitness centers. So, you should find those areas and invest in creating housing options, as well as commercial properties, that will attract today’s wellness-centered clients.
Healthcare sector
The healthcare sector continues to grow and evolve rapidly since its very beginning. People will always need medical services to treat their health conditions. So, the health sector is here to stay and grow for a long time from now on.
In 2020, as an investor, you should focus your attention on the strong connection between the health and technology industries. Thanks to the fantastic capabilities or contemporary technology, the health sector is growing fast with multiple advanced medical technologies put on the table. From enhanced surgical tools to improved x-ray imagery, robots that can support patients during the recovery period or even robotic arms that can be used by surgeons to perform difficult surgeries are only a few of the most revolutionary medical technologies that you can invest in.
In 2020, investing your savings in any of these sectors would be a great opportunity to maximize your money. They all provide multiple investment opportunities that have the potential to result in huge returns.