If the coronavirus pandemic has shown you the importance of being as financially secure as possible, you may well be wondering where to invest your money once things start to improve and we can all start getting back to a bit more normality.
With that in mind, we’ve put together our picks for the sectors that are most likely to give you a return on your investment in the post-covid world.
With mortgage rates improving all the time and property always being in demand, there is no denying that investing your hard-earned money in real estate is always going to be one of the safest bets in terms of investments, and that is sure to be the chase post-covid too. Right now, commercial real estate is a pretty good way to invest in property because a lot of commercial outfits suffered under the pandemic and are looking to offload properties at a reasonable price, Once recovery starts, they will once again be in demand, and you could make a significant profit. That being said, investing in residential property also has great potential, and is often cheaper to get into, so it’s just a matter of which suits you best.
We have seen a huge increase in demand for Bitcoin and other cryptocurrencies during the pandemic as more investors changed their outlook and realised the important role that cryptocurrency could play in all our futures, especially as we all do more online. All signs point to cryptocurrencies growing and thriving as time goes by. That’s not to say that they can’ still be a risky investment; cryptocurrencies markets are always going to be volatile to some extent, but if you’re willing to play the long game and roll with the peaks and troughs, it could represent a very good investment post-covid.
The coronavirus pandemic has highlighted to us all just how important good healthcare is, and government and private individuals all over the world are starting to take investment in healthcare more seriously., This means there is likely a lot of money to be made in healthcare in the coming years, particularly in healthcare tech and research. If you have a decent sum of money to invest, choosing healthcare stocks in these fields re likely to pay off in the long-term.
With more people working from home than ever before, and more companies realizing the potential to save money and boost productivity that working from home brings, there is great potential to make money by investing in work from home related tech. If you’re looking for a safe bet, cloud technology is probably it. It’s been growing in popularity in recent years, and work from home practices have tipped it over the edge. Companies in pretty much every sector can benefit from using cloud hosting to make files available remotely, backup important data and prevent their IT infrastructure from going down. If you have the opportunity to invest in a cloud technology company right now, take it.
You could be very much forgiven for thinking that ploughing your money into the tourism industry right now is a really bad idea but think about it; most of us are sick and tired of being stuck at home all the time unable to go to the net town let alone that far-flung destination of our dreams. What are we going to do as soon as we are able? Take the first flight to the exotic destination of your choice, that’s what, and that’s why investing in the tourism sector is likely to pay off in the coming months and years post-covid. There’s also the fact that the tourism industry has been benefiting from loans, grants and other measures to prop it up in many countries, which means it stands a better chance of surviving than many other industries once we start getting back to normal. It may not pay-off immediately, but if you have money to invest long-term, you could do a lot worse.