Still thinking of putting money in the bank ?Interest rates are coming down.....globally.......
A quick look at this chart shows you are way off better putting some money in the these assets than earning the paltry interest at banks. Of course, crypto may not be everyone's cup of tea. But how about coffee? Many of you (not me, haha, I quitted drinking coffee) are coffee drinkers and yet have no idea the price of coffee grains has shot up the roof over the last two years.
And how about gold? This ancient asset class has been around since our forefathers and certain things cannot be change. It has deep roots. The thinking that it is an inflation hedge still holds true for many and there are still people rushing to buy gold in anticipation of the forthcoming inflation in US. And that will further drives up its prices.
A no brainer method of investing is putting money in the SPX ETF. See , it has returned 60% since the beginning of January 2023. You did nothing at all. Just sit there and collect your money (if you sell). For those who like the tech stocks, there is the QQQ ETF investing into the space of Meta, Amazon, Apple, etc. The so called magnificent seven stocks of the SPX index are certainly driving the US stock market higher and higher.
Lastly, even the USDJPY currency pair would yield you above 4.75% return, much better than most fixed deposits in the banks.
2025, I hope you allocate some funds into different asset classes that suits your financial situation and prosper even more !
