The most promising and not so promising investments in 2021
As always, on the eve of the New Year, most people take stock and think about where to invest their money in the coming year.
The past 2020 was quite difficult in terms of investments, but despite the crisis it was able to please those who invested in shares of technology companies and cryptocurrencies.
Moreover, the investors’ profit amounted to tens of percent, and this is a fairly good indicator given the current situation in the global economy.
But with the onset of the new year, the situation may change dramatically and profitable assets will begin to generate losses.
Investments 2021: what to invest in, and which assets are best to stay away from?
Traditionally, we will focus on assets that continue to be in demand among potential investors:
Real estate - despite the attempts of realtors and developers to stimulate demand for the purchase of real estate, it will continue to fall.
And with a fall in demand, we should expect a fall in real estate prices; construction companies’ need for funds will also play an important role in this issue, so they will try to sell existing projects as quickly as possible.
Investments in 2021 in the real estate market can indeed become quite profitable; the crisis will end sooner or later and housing purchased at a low price will rise in price.
Securities - in this market, as always, everything depends on the segment that includes the shares of the selected company.
There is hope for further growth in the stock price of large Internet sites such as Amazon, Ebay, AliExpress, etc.
after that, financial results for 2020 will be published. And they are expected to be positive. The situation is similar with securities of companies specializing in the production of medicines.
Cryptocurrencies have greatly pleased those who made a purchase this summer or earlier.
By the end of the year, most of the cryptocurrencies had almost doubled in price: At the beginning of 2021, the prices of the main cryptocurrencies may fall, so I would refrain from buying them at the moment. As always, with this asset, we wait for the fall and only then buy.
The only exceptions may be new products that are planning to enter the market.
For example, digital currency from Facebook or national cryptocurrencies. Deposits are now more of a way to store money than a profitable investment.
Deposit rates only compensate for inflation and bring virtually no profit. The same situation can be observed with government bonds.
Gold - in my opinion, has already reached its maximum price at the moment and after the end of the pandemic, its price may fall.
There is a rule common to other assets here, according to which you should not buy at the maximum price.
To buy, we are waiting for the situation to stabilize and the price to fall to $1,700 per ounce. That is, in conclusion, we can say that the most interesting investments in 2021, in my opinion, are shares of online stores and real estate.