Exchange-traded funds, or ETFs, offer the opportunity to invest in several companies at one low price point. ETFs follow an underlying index, representing dozens or hundreds of assets from a particular sector. An ETF allows traders to build a diverse portfolio without breaking the bank instantly.
Gold, Silver, and Precious Metals
It's possible to invest in companies that mine precious metals, but it's also possible to buy them directly. You can pick up physical pieces of gold from a local seller or consider buying them online from a reputable dealer. Be sure to consider storage options and the purity of the commodity before investing.
Cryptocurrency is a relatively new investment opportunity, affording the potential to purchase digital funds. Values of cryptocurrency rise and fall over time, so traders can either play the market or hold on for long-term growth. Investors must use either a broker or crypto exchange to acquire and trade this type of currency.
Real-estate investment trusts, also known as REITs, are a budget-friendly way to get involved in the real estate market. These trusts invest in several real estate properties, and traders buy shares of the REIT. REITs typically buy commercial properties like strip malls, large retail spaces, warehouses, hotels, assisted living centers, etc.