Investing is one of the best ways of using some extra cash that you may have. By choosing the right investments you could make a high return either on the near short term or long term. Some of these investments will come with added benefits or privileges. Here are some tips on making the right investments.
Race horsing syndicates
If you know much about race horses, or understand how horse racing works, it might not be a bad idea to look for race horse syndicates which allow you to purchase shares on the race horse. This will require you to do a bit of research on the different breeds of horses and find out if it is a potential winner. Each time the horse wins a race, you will receive a share of the winnings.
The real estate industry is one of the biggest money making opportunities that you can find. However, in order to profit from it you will need to make sure that you can sell the property for a much higher price than the one you bought it for. If you can find property for sale off plan you are bound to be able to sell it at a much higher price than the one you bought it for. Research a bit on the land value and the normal market price of houses in the area.
One of the most reliable, albeit risky, investments to make are purchasing shares in a company that is doing well at present or has great potential in the future. If you live in a well-developed city such as Dubai, investing in new housing projects will allow you to purchase the shares at a significantly lower rate than after completion of the house. Another blooming industry would be to purchase hotel shares since the hotel industry is one of the most consistent in profiting.
This might often be an overlooked investment potential due to the fact that it is a slow, but consistent growth of investment. However, in order to really profit from it you will have to make a sizeable deposit into your savings account and then you can watch the money multiply exponentially. Unlike most other investments, the benefit here is that you can withdraw the money whenever you see fit or even deposit more money with little to no chance of losing any of it.
These are some of the many investments you can make with your money. However, most investments do come with a lot of risk so be sure you are aware of this before you decide to invest your money.