When the pandemic hit, it was both a terrible and great time to be in the investment industry. Some industries were dying such as the commercial real estate field. Others were growing, such as the retail wholesale industry. But as an investor (even a new one today), should you invest now or wait a year?
Is it okay to get back to normal again?
Well, yes and no.
There are some strategic opportunities out there and yet, you have to know how to weave your way around pitfalls. Here’s what you can do.
All of the time is a good time to be investing. History even shows that the market always picks back up, even after something like a depression, recession, or pandemic.
Plus, if you’re investing for the far off future — at least 5 years or more away — now is the BEST time to start investing.
Waiting to invest is only making you lose out on potential gains.
Will There Be a Market Crash in 2021?
Unfortunately, no one can ever truly predict a market crash. But with everything that has happened in the last year, we can say it’s unlikely.
Of course, even when the market goes south, investing for the long-term and not immediate gains is still worthwhile. As an example, look at how the stock market grew just between 2020 and 2021. If you would have pulled all of your money out of the market, you would have missed out on some serious opportunity.
Related: Another Stock Market Crash in 2021?
What Are The Best Investments Right Now?
Almost anything can be considered a good investment if you’re willing to hold it long enough. But overall, you want to focus on investing and risking what you’re comfortable with.
- For example, if you can afford to take higher risks right now, investing in individual stocks is an option.
- If you want to lower your risk, focus on all-in-one ETFs.
- Want to build up passive income? Invest in real estate or high-dividend stocks.
The choice is yours on what the best investments are for you and your lifestyle. If needed, don’t be afraid to talk to an advisor on what the best route for you is.
When thinking on if you should invest now or wait, Bitcoin may have crossed your mind as an investment too. But, even the experts can’t agree on this right now.
The thing is, Bitcoin is volatile — it’s likely to reach historic highs or crash. And again, no one can predict what will happen.
However, you’ll never know if it’s worth it if you don’t try. Just make sure you aren’t putting all of your eggs in one basket.
Can You Lose All Your Money Investing?
While it’s possible to lose some money in investing (even for experienced investors), it’s almost impossible to lose ALL of your money when investing.
The key is to diversify your portfolio. (ie. spread your money around)
And remember, the market has historically always bounced back!
Different Ways To Invest Right Now (That you may not have thought of!)
As you can see, even in the midst of hardship, the market always finds a way to come back. And, if you’re already investing, you may be wondering what else you can do.
If you’re wondering if you should invest now or wait?
Here are a few ideas to get your brain flowing on what’s right for you.
1) Try Overseas Investing
Real estate is starting to grow for many countries, especially with more Americans becoming expats and buying homes overseas.
For example, Dubai has been considered a real estate haven of the world.
The country has giant skyscrapers, incredibly modern shopping zones and some great affluent property opportunities out into the ocean. And, just like other countries looking for investors, they’re looking.
If you’re thinking about investing in real estate, maybe you’d like to try overseas real estate. You can learn how to invest in Dubai real estate market online, and learn what kinds of regulations are applicable to real estate in Dubai.
Then, put your knowledge to the test and buy a property! It’s certainly not easy, but it may be worth it!
2) Try Investing In Wholesale & Online Companies
During the height of the lockdowns, the world saw a dramatic shift to online shopping. It was the only option for customers in many areas. Because of this, companies like Amazon, eBay and others found they were the center of attention.
In fact, the wholesaler boom is going to continue for one reason — a cultural shift.
The cultural shift that we have seen from shopping in person to mostly or only shopping online is going to stay after this is all over. So investing in companies like Amazon is likely a smart option.
3) Look Into Commercial Real Estate
Commercial office buildings took a beating these past few months. With so many of us still working from home and even opting to work from home the majority of the time, office buildings seem like a dying breed.
But, this also means that it’s the right time to invest in them.
Well, if a building is not being used for one purpose, it will be used for another purpose. Commercial office buildings can be converted into residential buildings. Getting in on the action before it explodes can be a smart move.
Or, perhaps the need for office space will return! If you already own a space, you’ll be in a prime spot for making some money!
What Is The Best Time to Invest?
So, should you invest now or wait?
As you can see, there is no “right” time to start investing in the market. But, the sooner you get started, the better your chances in learning, growing, and making more money.
Plus, if 2020 taught us anything, it taught us that nothing is guaranteed. So why wait?
What do you think? Should you invest now or wait?
AUTHOR Kimberly Studdard
Kim Studdard is a strategy consultant and course launching expert. When she isn't spending time with her daughter and husband, or crying over This Is Us, you'll find her teaching other mompreneurs how to scale their business without scaling their workload.