5 Ways to Invest Your Money In 2021

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4 years ago

With the interest rates being so poor this year, you should not let your money sit in the bank&period; It is time to invest it and here are five ways you can do that&period; &NewLine;<h2 style="text-align&colon; justify&semi;">Stocks</h2>&NewLine;The stock market is at one of its lowest points due to covid affecting businesses so investing your money into these can be great over a long time&period; Just make sure you do enough research before you invest as you can also lose money as well&period; &NewLine;You can also pay the experts so they can manage your money and profits better than you&period; Obviously, the more you pay for them, the more you &NewLine;<h2 style="text-align&colon; justify&semi;">Real estate</h2>&NewLine;Now is definitely the time to invest all that useless cash into real estate and here are a couple of reasons why&period; Real estate was on the up in 2019 and early 2020 until covid and lockdown restrictions took it back down again&period; Now, with some real estate buildings being so cheap, this is the time to purchase to get them back up&period; &NewLine;There could not be a more perfect time to invest until real estate but make sure you get a <a href="https&colon;//roger-hannah&period;co&period;uk/specialisms/building-consultancy/schedules-of-condition/">schedules of condition</a> before you agree on everything&period; This is to make sure both landlord and tenant agree on the current state of the property to make sure there are no tensions during rent the property out&period;&NewLine;<h2 style="text-align&colon; justify&semi;">Invest in you</h2>&NewLine;There is nothing that we can spend our money on other than clothes and food at the moment&period; Well, you are wrong, spend your money on online courses that will take you to the top&period; There are plenty of online courses out there and now is a great time to study for them because you have so much free time&period; &NewLine;Another thing, if you want a change of career or you think covid is going to have a massive effect on your career then make the changes&period; Get the qualifications you need for that and invest it heavily into those courses&period; &NewLine;<h2 style="text-align&colon; justify&semi;">A second income </h2>&NewLine;So your office closed for three months and you had no income coming in other than your furlough money&period; Well, you know that extra cash that was recommended to spend on online courses&quest; Well, learn something different so you can get another income whilst you are sitting at home&period; &NewLine;<h2 style="text-align&colon; justify&semi;">Pay off your debts</h2>&NewLine;If you have any, then get paying them off&period; It is important to pay these off whilst you can because you are not spending it else were so close that debt off whilst you can&period;&NewLine;This could be anything, either you owe one of your friend’s money or your credit card needs to be paid off&period; Either way, get spending that money now on people you owe, and then you can invest properly&period;&NewLine;<h2 style="text-align&colon; justify&semi;">To conclude</h2>&NewLine;Five easy ways to spend that cash that is just sitting there at the moment doing nothing&period; Look into ways for saving money as well&period; Such as <a href="https&colon;//roger-hannah&period;co&period;uk/specialisms/business-rates/">business rates appeal</a> for your business&period; You never know, your business rates could be higher than what they should be&period; Read up on your car insurance or your Sky bill&period; Now is the time to find out whether or not you can reduce those bills massively&period; &NewLine;