Monday, June 6, 2011

Best investments for 2011

Since the beginning of the year, a lot of investors have been asking themselves what are the best investments for 2011? It is such a delicate question, as 2010 was a very volatile year. A lot of investors who starting to pour their money into areas they thought would be strong, got hurt.

Before asking yourself what the Best Investments for 2011, you must sit down with yourself and work out what goals and desires you have. You must also do a bit or research to ensure you put the odds in your favour. Not doing do can have dire consequences.

If you cannot spend time to do some research, it is better to hire or outsource someone to do this for you. This will cost you some money, but it will save you time, and will only increase the chances of seeing handsome profits down the track.

So what are the best investments for 2011?

1) Invest in Gold & Silver

No matter what you think, gold and silver have been very popular investments. Although whenever the economy suffers, these commodities do extremely well. They always have. Normally they are extremely volatile in price, and it is not advisable to buy futures or paper contracts. However you can watch the spot price of these commodities online and buy physical gold and silver bullion. They have real value and you do not have to deal with leverage like you do on the futures exchange. A lot of investors have realised this is one of the best investments for 2011 and that is why we have seen prices skyrocket.

2) Invest in Mutual Funds

These are some of the best investments for 2011. With many people now scared about the stock market and trying to make money themselves. Mutual funds that have a good track record in the past are a good option. The best part about these companies is that you get to diversify your money in many investment vehicles. That way you are not putting all your eggs in one basket. It is a low risk, high reward way to invest, without doing the hard work yourself.

3) Invest in commercial and residential real estate

With the recent real estate collapse, it is no surprise that real estate investments will be one of the best investments for 2011. If you are a good negotiator you can get even better deals. This does require a little time and patience but the rewards are very good. With prices so low, and the market recovering it is now very easy to spot a bargain. Look to do a bit of research on evolving towns or those towns under massive development, close to schools and shopping centers. These are the are guaranteed to do well in the years to come, and are likely to be the best investments for 2011 and 2012.