If the phrase “If you want it done right, do it yourself” resonates with you, then you might find conservative investment strategies difficult to commit to. Most people are wary of the stock market. These suspicions are warranted, due to corruption and the inherent fickleness within the stock market. Despite this, even with reliable investment methods available, about half of Americans never invest. There are many reasons why this may be the case, but some people just don’t like the risk, or don’t like giving up control. Investments of all forms have inherent risks, and the advice people typically get when preparing for retirement investments is to keep putting away money for decades and (more or less) just hope for the best.
If that’s not good enough for you, regardless of statistics which show that an IRA or 401(k) is actually very likely to succeed, it’s possible that a more hands-on investment strategy would be better for you. There are many examples of these, and you shouldn’t ignore them simply because they aren’t often discussed. Conservative, passive investments are all the rage, because that’s what a lot of people want! They don’t want to have to think about investing. But if you’re willing to work – if you even LIKE it – there are many good options for you. Real estate investment, binary options trading through Banc de Binary, hand-picking stocks and funds of your own, all these methods and more can perform extremely well for people who like to be at the drivers’ seat.
Binary options are the most fast-paced option. This method works well for people with minds for details, mathematics, and online gaming. Using brokers like the one linked above, investors can make quick investments about price changes of commodities and assets in the immediate future. Money is gained or lost depending on how well you can anticipate these changes. This trading strategy is great for people who like control because success is based on skill, not faith in the world’s biggest economic systems. It’s also fast, trades able to resolve in seconds (not decades, as with retirement investment models).
Real estate is another investment strategy for people who like investments they can see, feel, and touch. The best way to initiate this process is to buy your own home. Owning a home isn’t for everyone, but for lots of people it offers tons of benefits when compared to renting. The most obvious is price. It’s almost always cheaper to pay a mortgage than to pay rent to a landlord. The barrier to entry is the credit score and the money for a down payment. But for many people, these are attainable goals. Buying a fixer upper and building equity through performing your own repairs is a great way to both buy a first home on the cheap, and to learn skills which can be applied to future homes, which may be used as rental or income properties.
There are plenty of other ways to take on investments which require effort and personal involvement. If you can’t stand to “let things take care of themselves”, these investment strategies may be just your style.