Editor’s note: This article was first published in July 2010. Gold and fixed-term bank deposits are presented as currently the safe investments in times of crisis; gold prices and deposit rates have changed a great deal since then.
Before you invest, you should know what level of investor you’re at, so we recommend reading the article we put together to help you place yourself: The 7 levels of investors.
Now for a roundup of the investments we’ve suggested in previous articles.
As you probably know or have heard, the most profitable investments often carry more risk than investments considered safe. By safe investments in times of crisis, we currently mean investing in gold, in any of its forms, and fixed-term bank deposits. You can read a more detailed explanation in Investing in bank deposits.
For more advanced investors, there are profitable investments that carry risk if you don’t study the market carefully before investing: mutual funds, foreign currencies and forex. More information in:
Among the sound investments, we highlighted how important and profitable it can be to invest in a business, in any of its forms, without forgetting an excellent investment opportunity: taking advantage of company mergers.
Further reading
- The cashflow quadrant
- The world’s 8 most valuable brands
- Why new businesses fail
- How to become a successful entrepreneur
Featured image: Ibex73, CC BY 4.0, via Wikimedia Commons.
