Most people with an eye for business are constantly on the lookout for investment opportunities that provide the beefiest returns. But the economic environment can be an uncertain one, so you need to be crafty to avoid losing money.
That said, here are four investments you can trust to give you the highest returns.
Historically, real estate has always appreciated. That means that you can invest your money on one of the properties and rest easy, knowing your investment will yield good profits. With the current low-interest rates on mortgages, buying property is one of the smartest decisions you can make right now.
Building granny flats here in Sydney is also an excellent investment property because you can generate rental income for you and your family.
Preferred stocks are perfect for traders looking for monthly or quarterly returns. Besides trading like stocks, they also function as bonds in various respects. One of the best things about this kind of stock is that it has little liquidity risk. Additionally, should you want to sell it at any time, you incur no penalties.
A good thing about utility stocks is that they stay relatively stable in price. Unlike such unsteady sectors as technology and entertainment, their prices do not fluctuate with the rise and fall of the economy. Expect a return of between 2-3 percent above treasury securities.
If you are looking to invest towards your retirement, fixed annuities are the way to go. They allow you to store an unlimited amount of money and enable it to grow tax-deterrent. Just be sure to get your fixed contract from a financially stable carrier.
While the odds of you losing your money today are extremely low, instances of carriers going bankrupt have happened before.
There are numerous avenues for investment for those looking to make money in Australia. While choosing where to put your money, look for alternatives that pose the least risk but give the highest payouts.