8 Simple Ways to Invest Your Hard-Earned Money to Boost Your Returns

investing your money

8 Simple Ways to Invest Your Hard-Earned Money to Boost Returns



Do you want to make your money work for you instead of you working for money? If you do, then the best option is investing. Before I give you my list, keep in mind that investing is not a get rich quick scheme. It also has its own risks of failing. That’s why as a newbie, it’s important that you do your research first.




  1. Metals

investing in precious metals like silver, gold and platinum

Precious metals such as gold are good investment options. Studies suggest that the price of metals increase when the value of other investments like stocks and bonds decrease. Although buying gold bullion and other precious metals is considered a safe haven, the market can be volatile at times and will impact your investment returns. So unless you have a sizable portfolio where you can dedicate a small percentage to precious metals and have a long term investment horizon, we suggest you approach this market carefully and make sure you do your homework.




  1. Stocks

investing in the stock market

Buying shares of a company through a stock broker is one of the most popular types of investing. Thanks to the internet, even low- to mid-range earners can now purchase and sell stocks online. But be careful. Although you can earn a decent amount of money when the value of your stock goes up, you can also lost some if it drops.





  1. Properties

investing in residential real estate properties

Real estate investing can be lucrative if done right. One of the best ways to do this is to purchase homes, fix them and sell them at a higher price. If you’re not into selling, you can have them rented out instead.




  1. Debt

erase your debt

Is paying your debt a form of investment? Yes it is! Paying off your debt does not only give you freedom — it lowers your financial risks too! And as a result, you can invest more on other investment options featured in this list.




  1. Business

investing in a business can boost your returns

This investment option is probably the riskiest of all as you can either gain or lose everything. If you really want to start a business, do you research. Learn how to create a sound business plan and don’t forget to seek the guidance of those with experience. Alternatives are to invest in other established businesses, or buy into an existing business with a partner that you know and trust.





  1. FOREX

investing in forex and trading currencies

FOREX stands for Foreign Currency Exchange. This form of investment is lucrative but pretty risky, especially for beginners. FOREX involves studying patterns and predicting the buying power of various currencies.





  1. Life Insurance

investing in life insurance

In a life insurance, an investor receives an annuity —small increments of money paid back to the investor over a certain period of time. Depending on your needs, you can either tell the insurance company to pay you until you die or up to a specific stop date. While attractive, a life insurance also carries some risks as the company itself may go bankrupt. Most states in the U.S. cover up to $100,000 in the event of bankruptcy.




  1. Bonds

investing in bonds

Bonds are debt securities. In corporate or government bonds, the borrower pays the interest or principle to the investor at a later date. Unfortunately, most of these interests are low. Investing in bonds is great if you have children as you can allow the money to grow and by the time they turn 18, you can cash out the money for college or other important expenses.