Every entrepreneur wants quick money and lots of it. We explore the top trending investment ideas in 2019 so you don’t have to.
Anyone who has got a start-up off the ground knows how much work is involved. From the initial planning stages to actually serving your first customer, it is a big journey. We all know the general statistics around small business in the UK – four in ten do not make it past five years, which is a staggering figure. This means that just as much hard work needs to go into growing your start-up once it is established as went into getting it going originally.
For many savvy business owners, this means not only expanding what you do as your primary means of income but also looking for extra revenue streams. After all, if you suddenly have a quiet few months, it can be very handy to have other forms of income to help out. One of the best ways that many entrepreneurs go about it is investing some of their profits to earn more in the long run.
It is worth noting, investments may cause you lose all of your invested capital so be aware and approach with caution. Always do your independent research.
But, when done right, this can not only give you another regular income stream but also give you more money to put back into your business.
But which are the top investment options to consider for business owners?
Foreign exchange market
This is also known as the forex or FX market and is a huge beast. Open 24 hours a day each day of the week, it sees over $5tn traded on it daily. This makes it the biggest financial market in the world – even bigger than the largest stock exchange.
You would pick a currency pair (such as GBP/USD) and then predict whether the price will go up or down, based on chart and news analysis. The beauty of investing in this market for start-up owners is that it can be fitted around your working day and is easy to understand. There are many online brokers to use now when trading, and all have intuitive interfaces to make investing straightforward. With big profits on offer, this is certainly worth considering.
Stocks and shares
Although the FX market is officially the biggest, the stock market is still where many investors head first to cut their teeth. Big players such as the London Stock Exchange see lots of trading and price action occur over the course of one day.
Like FX trading, this is simple to understand, which makes it great for busy entrepreneurs. You simply find a company to buy stocks in from chart and news analysis – if the price goes up over time, then you make money. Stock trading is also very flexible as you can invest for as long as you like. If you do not want the hassle of managing your investment portfolio every day, then you can simply invest in stocks with the aim of holding them for months or years.
Cryptocurrency
This is one of the new kids on the block for investors but has made a big splash in recent years. Cryptocurrency is purely digital currency that uses cryptography to make it secure. Popular examples include Litecoin and Bitcoin, with the whole market being worth around $185bn. As with standard FIAT currency on the FX market, you can trade in cryptocurrency also.
Many business owners choose this for the bigger rewards on offer that the increased crypto market volatility can bring. It also offers the chance to invest in some rising currencies now while they are still at a low market price. Just make sure to do your research to find the best coin exchange or cryptocurrency broker around. This will keep your business’s money safe and give you the best chance of success.
Peer-to-peer lending
If you have got your start-up established, then why not use peer-to-peer (P2P) lending to help others out while also making money? This appeals to a lot of start-up owners, who relish the chance to assist other entrepreneurs who may not be able to get finance from traditional sources. It is also simple to do via easy-to-use online platforms and is very secure. P2P lending is not time-consuming at all once you have made your investments, which gives you more time to run your own company. Once you find a business you like to invest in, you lend them the money and they repay with interest over a set period. This makes it a win-win for all – you make some extra money and they get to kick start their own business.
Choose the right option for you
When it comes to investing as a start-up owner, it is essential to choose the best option for your needs. This will mean that you can invest successfully and be in the right position to make the most of it. For many business owners, time is the key factor. While the above may need some portfolio management in some cases, they will not eat into your time too much and are easy to do.