If you’re considering your long-term financial future, an investment may be essential to your strategy. This article will go over some of the best investment trends for this year and how to get started investing in them. Of course, researching and following stringent risk management standards is always a good idea when looking for the best investments. One option is to explore alternative investments with Hackstons, which can help clients diversify their portfolios and potentially achieve higher returns. If you’re wondering what to invest in during 2023, the list below provides insight into some of the year’s major investment trends and themes.
Six Most Popular Investments for Investors
1. Forex Trading
The worldwide Forex market has an average daily trading volume of over $6 trillion, making it the world’s largest financial market. Forex traders of all levels are drawn to it, from newcomers learning about the financial markets to seasoned pros. It is estimated that over 9.6 million people trade FX online worldwide.
If forex trading is to become a profitable venture, it must be approached as a business. You must work hard, be patient, and have a solid strategy with realistic short-term and long-term goals, just like in business. Forex trading, when addressed as a company, can be a profitable and satisfying activity.
While many in the west believe we are entering a recession, massive expenditure on infrastructure projects worldwide continues. The US and UK governments have approved large-scale building and construction programs in recent years. The global infrastructure market is expected to be worth $2,242 billion in 2021 and $3,267 billion in 2027. Rather than purchasing individual shares, an exchange-traded fund is an excellent way to participate in this trend. They spread risk by investing in a pool of different firm shares.
Historically, the precious yellow metal has proven to be a safe-haven investment during recessions and one of the strongest inflation hedges. According to Statista, gold will earn an annual average return of 0.4% in 2022. Yet, gold has already risen by more than 6% by 2023. Significantly, gold prices may continue to elevate this year as the economy weakens and the US dollar weakens.
Consider Apple, the world’s largest publicly traded firm, if government-backed behemoths are excluded. Like other IT firms, Apple shares struggled in 2022 as recession fears and rising interest rates frightened investors in the sector. With an unusual 26.4% drop in 2022, Apple trades at 25 times earnings, providing investors with an attractive entry position for the $2.4 trillion iPhone company.
Although its most recent profits report fell short of projections, this was due to supply chain inefficiencies rather than demand issues. Indeed, Apple reported an active installed base of over 2 billion devices, with revenue in its high-margin services division over $20 billion. As a result, Apple stock is recovering, with shares increasing by over 15% this year.
Because of the price volatility, cryptocurrency has been one of the trendiest investments in recent years. Coin prices tend to change substantially due to supply, demand, and media attention. As a result of the high risks and potentially enormous payoff from minimal investments, investing in cryptocurrency has grown in popularity.
Bitcoin is popular among investors that have a high-risk tolerance. You can make money with cryptocurrency, but the price might drop suddenly. While cryptocurrency was down in 2022, the market has risen exponentially over the last decade. If you’ve had your coins for three to five years, you’ve most likely witnessed big profits.
The automobile sector is finally recovering after being halted by the recent health crisis, and sales appear to be rising month on month. Take Tesla, for example. Tesla is a stock often in the headlines owing to its outspoken CEO, Elon Musk. With a 700% increase in 2020, Tesla had its worst year in 2022, losing around 65%. But, new electric vehicle incentives in 2023, rising interest in solar technology, and Musk’s comments about stepping down as CEO of Twitter might all help boost the stock in the coming year.
It would be an understatement to suggest that 2022 was a calmer market year. Russia’s invasion of Ukraine, rising energy prices in the UK, soaring inflation, and ongoing struggles with the recent health situation have all occurred. Investors are understandably apprehensive about the global economy and investment prospects.
While some initial volatility is to be expected, it is wise to take a long-term perspective. An investment strategy does not last a few months or years. Volatility is to be expected and absorbed during a lifetime of investing in a wide variety of assets. As a result, 2023 is an excellent time to begin investing.