The past two years have been tumultuous at best. Supply chain issues, Covid-19, and political games affect us all, and each aspect of current geopolitical and industrial landscapes is highly uncertain. One terrible result is job loss and unpredictable futures. Yet, so many people are taking the initiative and seeking out business opportunities about to explode to secure their own financial future as things look set to get even worse this year.
For many, it is a dream to run your own business. With a company all yours, you carve out a piece for yourself to build something you can be proud of and leave to your children. Unfortunately, over 150 million people globally lost their jobs throughout the pandemic. Fortunately, the business world still turns, and services are once required. Whatever your job is before the pandemic, you can use your skills and experience to make your own company. Consultation, retail franchises, or outsourced supply are the best opportunities currently in demand.
You have undoubtedly heard of Bitcoin and Ether. These digital currencies have seen phenomenal success, making millionaires out of early adopters. However, you may not know that there are over 4,000 cryptocurrencies you can invest in. Unfortunately, most are useless and probably won’t offer substantial returns. However, there are a handful tipped to be the following major players in the world of digital currency. Solana and Avalanche are the next best, but like Bitcoin and Ether, they are costly. But DOGE coin is all but set to explode over the next few years.
Real Estate Investment Trusts
Investment is always a risk. And for most investment types, a large amount of capital is required. However, like buying shares in a business, real estate investment trusts allow you to purchase part of a property. REITs are an excellent starting point since historically, the real estate market is one of the most stable and rarely loses value. Further, you can get started with a REIT for as little as $20,000 with a realistic annual return rate of 2.9%, more than double that of the stock markets. And many REITs pay far more. Over the long term, REITs offer a substantial dividend.
Non-Fungible Token Trade
Tokens on a blockchain aren’t fungible, so they carry unique identification codes and metadata that tell them apart. Unlike cryptocurrencies, they can’t be traded or exchanged at equal value. This makes them relatively valuable, depending on their assignment. For instance, digital artworks by famous creators are assigned an NFT. You cannot illegally modify a blockchain NFT ledger. Only ownership can be passed on. However, the volatility of such items is a little murky at the moment. It appears that creators are buying their own NFTs to drive up prices.
The issue of clean energy and sustainability is everywhere at the moment. Businesses and governments alike are in the process of becoming carbon neutral by reducing emissions. However, you can only do this by using cleaner products such as geothermal and solar energy or alternative materials. Applied to all manufacturing sectors, green manufacturing minimizes waste and pollution. Therefore, investing heavily in the industry could pay off well in the future. Additionally, EV manufacturers like Tesla often see their stock rise, with over 7% during the last quarter.