Even though all of us enjoy looking up gold rate Satara and have a vested interest in the prices becoming affordable the price and time may not always be right for investing in gold. So let’s check out some of the best alternatives to a traditional gold investment:
- Peer-to-Peer Lending
Peer-to-peer lending, also known as P2P lending, is a relatively new phenomenon that was unheard of ten years ago. I’m sure you’ve heard of it by now though, due to the fact that some people have made money from this type of investment and are talking about it online.
The idea behind peer-to-peer lending is simple: You lend money to people who need a loan. There are websites that will help you do this on a very small scale.) For example, you can create an account on Prosper.com and make loans to people who need short term cash for purposes like debt consolidation or medical bills. In return for your willingness to lend them the money, they agree to pay you back with interest.
You can also invest in private loans through reliable sites. These are bigger organizations that lend money to businesses and other organizations and then offer shares in their loan portfolio. They take care of all the details for you; you simply buy into the fund and earn interest on your investment every month they collect payments on the loans they’ve made.
- Real Estate
When investing in real estate, you can buy two types of property: residential or commercial. Whether you purchase a single-family house or an apartment building, residential real estate is a great way to get passive income.
Commercial properties include office buildings, retail malls and warehouses. If you have the money, you can buy one big property or several smaller ones. Commercial real estate has the potential to produce high yields since they are leased by businesses instead of private citizens.
Real estate transactions can be complex and involve a significant amount of risk. While it may be the best alternative investment for some investors, it may not be for others. Be sure to do your research and consult with a professional before venturing into this type of investment. In many ways it’s a lot like gold investment. Just like gold where you constantly need to track metrics such as today gold rate in Ongole 22k or 18k or for Ahmedabad, in real estate as well you need to be aware of the prices of different kinds of properties at various locations. Check out this page for more info.
- Equity Crowdfunding
If you don’t want to own your own business, but still look for a high return on your investment, consider equity crowdfunding. Equity crowdfunding is when a company raises money from many investors who are not accredited, investors. The company and investors make an agreement with terms such as the amount being raised, the valuation of the company, and the percentage ownership in the company that the funds will buy. Investors usually buy into these companies with their own money, rather than with a loan from a bank. This means that if the company fails, investors will lose all or most of their investment.
There are several websites that offer individuals an opportunity to invest in businesses seeking funding.