The 5 Sound Investments To Make

Nowadays, it can be hard to guarantee a secure and profitable return on any investment that you make. The market fluctuates too quickly in some cases for it to be possible and assured. With that said, there are still 5 main things which are retaining their value and seem to be more certain in terms of their financial holding power than a lot of other things.

 

Property

Getting into the property management game can be hard work. There are a lot of real estate offers up for negotiation currently, and bagging a good deal is part of the luck of the draw. If it is your first time investing in a property, buying to let is probably your best option. The rental market is booming currently, an there will always be queues of people waiting to move into a home. Ensuring that you are buying a house that needs minimal work is a safe way to start. If you are looking to buy a property to refurbish and sell again, it needs to be remembered that this is something that takes time and extra finance to get sorted.

 

Metals

Gold is money. It’s as simple as that. Other metals are selling for almost as much, but gold is the constant that just keeps on giving. There are markets online which sell bullion for set prices which are fluctuated by the value as determined by the shares and stocks of that day, so what you may pay one day is not necessarily the same as you would pay another. Some offer an email service to tell you when it goes below a certain price, should you wish to wait for that price to crop up, but otherwise it’s just a game of luck. Every few years there is a bit of a gold rush where the price hikes itself back up to a reasonable figure, but it’s just about waiting for that to happen. If it doesn’t happen for a while, then it shouldn’t matter too much – you still have the gold sat there as an investment for the future. It could be made into jewellery to further increase the value.

 

Jewels

Such as the value of gold is open to fluctuation, so is that of precious jewels. Diamonds, rubies, sapphires – you name it, there are people out there in the world wanting to buy it. Again, like the gold, there are sites online available for you to purchase the raw stones with the prices determined by weight/carats. Choosing to invest in this to sell on is a game of luck, but if you keep your eyes on the market that are into buying these gems, and notice the trends of the sellers, you may just be able to pick up on a few hints and tips to see you through.

 

Business Fundings

Business is tricky. There are always going to be people who put their all into their business ventures and end up losing it. It’s just the way the world works, unfortunately. No matter how much effort and time an individual can put towards something that they truly believe in, chances are that unless they’re serendipitous with timings and what they’re marketing, it won’t take off. So why should you be investing your money into funding businesses? Well, it’s not the startups that you are looking for – save your seat in Dragon’s Den just for now. You can help somebody set up an already sound and recognised franchise, or put your money into a company that is doing well and has done for some time. It doesn’t have to be a flutter of chance – you can sit and make the most well-informed decision with this, with proof of opportunity hopefully being presented to you with previous year’s accounts.

 

Bonds

A lot of people have lost faith in bonds over the years, mainly because they’re expecting to see a fast return on their investment. This is not what bonds do – you’ll be lucky to make an amount to boast about over a couple of decades – but your money will be safe. It is an IOU of sorts, and the majority are for a fixed period with a fixed interest rate. This is especially good if you are not sure of your financial stability for the future; lending a government or bank the money that you have right now means that you will not be able to spend it. It’s just about whether you can wait for it to be returned back to you.

Development Plans Are Plummeting In The US

With everything that’s going on in the US at the moment, with Trump causing chaos around the word, and terror attacks are a daily threat, it’s hard for people to understand that there are smaller threats. Such as the fact mortgage rates have risen by 3.83% recently, and development companies are struggling to build do to the lack of people being able to buy. Yes homelessness is becoming a crisis in the US. People simply aren’t able to afford the cost of living.

One state that is falling victim to the is San Francisco Bay. The crisis is so bad there, people are trying desperately to sell and move. But with people having little money due to mortgage rates and living costs being so high, it’s proving difficult for them to do. Those are fortunate enough to have a lot of money, are choosing to leave state, or even countries through companies like Enness International. Although you can get some incredible real estate in the US, the constant threat and financial issues just aren’t worth it to some, some countries are just much more stable.

With US housing creeping up to a 12 month low, it’s no surprise the US housing and urban development secretary is being put under enormous pressure by the rest of the government to try and get it under control. With the recent tragic hurricane Harvey, this might prove easier said than done. Thousands have been left homeless, with many family homes being completely destroyed. The financial rebuild of this will be exponential. Despite this, the people of Houston have been warned to expect housing prices to become more expensive due to the devastation this caused. This will be crippling for most families, as beforehand the state was reasonably afford to. It’s estimated a large amount of families will be relocating out of state in the hope for better living costs.

Cash is being flooded into some developments to try and salvage developments that are financially drained. In a lot of cases, a housing development will begin, the prices of mortgages keep rising, nobody puts offers on the property, so the development falls through. This in turn costs companies hundreds of thousands. However, this has all changed for a development company in Detroit. Mayor Mike Duggan has finally chosen a team of developers, and flooded $6M into a development of an old school into a block of apartments. He has stated cost of buying will be around 60% of the general income per person of the area. This is a huge drop from other states in the US, with states such as Miami’s living costs being a considerable amount higher.

So, the housing development issues in the US are really at an all time low at the minute. With many factors listed above contributing to this. Many people are looking to the secretary of housing and development to at least improve the situation rather than watch it crumble. Hopefully the coming years will see a drop in mortgage rates and living costs, and a rise in development plans to help the homeless crisis, and the natural disaster crises that keeping shocking the country.

Setting Up Your Family For Later In Life

Death isn’t something that anyone likes to think about, but unfortunately it’s a part of life and will happen to all of us at some point. One thing that people worry about, is leaving their family struggling when and if they pass away. This article is going to give you some advice on how you can set your family up for later in life as the inevitable creeps closer.

Aside from the fact that owning your own property will give you financial stability throughout life, having a property to offer your family to live in once you’re gone is a great way of knowing they will be okay. It’s difficult to get onto the property ladder in this day and age, and with the prices of houses rising, more and more people are opting to rent rather than buy. If you don’t already own your own property, then it might be a good idea to try and get yourself on the property ladder so that you, and your family can live free of any stress of being homeless. Another bonus of owning a property is that if the going gets tough, the option of selling the property is also there to generate the income that you need to get yourself back on track. There are also options available like remortgaging, or extending your mortgage to borrow some cash.

Setting all of this up couldn’t be easier either, since the introduction of being able to get yourself a probate attorney. They will simply sit with you and help you write out a will, choose an executor, and also plan out with you any processes that you want doing. Even if you’re still fairly young, doing this at an early age is a good idea to make sure that if anything happens to you, your family won’t struggle without you. They do this by making sure that anything that needs paying is paid off first out of your assets, then the remainder is spread out between your chosen executors. You may opt to choose just one executor to then divide the rest of your things accordingly, but that’s up to you.

Saving for your children’s further education is another good idea to consider. Opening a savings account that they can’t access unless it’s for further education once they’re eighteen is a great way of ensuring that they can pursue their dreams in life, and get a career that they will be able to support themselves on. There are even options available for you to pre-pay for a college course now, so that when they come to choosing what they want to study, they will have little to nothing to pay for.

Making sure you put money away for your children to have driving lessons is a brilliant way to contribute towards their life skills. Even though driving isn’t an essential part of life, it’s certainly a useful one. Having the money there to give to them when they’re old enough to drive will help greatly, especially with the cost of driving lessons on the rise too.

Investing is a fantastic way of making sure that you always have assets available if times get rough because there is always the option of dipping into the money you’ve made from investment. Not only that, depending on what you’re investing in, you may even receive regular pay on top of your usual salary. If you’re not sure what to invest in, take a read of these best areas to invest in and pick one that suits you. You won’t regret it!

Sometimes, it’s not just money that you need to invest into your family. It takes time, love and patience to bring a family up. Teach your children how to cook so that if something happens to you, then they will be able to feed themselves. Cooking is also a great skill to learn, and could possibly turn into a career if desired. There are other things that you could teach your children like:

  • DIY around the house
  • Money management and that not everything revolves around money
  • Cleaning
  • Attitude towards life
  • Self care

Doing this will teach them necessary skills in life so that they can continue to look after themselves when you’re no longer around.
Even though looking after your family is your main goal, don’t forget to enjoy the time that you have on this earth. There’s no point constantly worrying about things like money, because it can come as quickly as you can lose it. Learn to enjoy the important things in life, like your family and your friends.