As 2021 comes with an uncertain economic outlook, many people are looking to optimize their investments for the coming year. One expert suggests investing in gold, silver, and Bitcoin (BTC) as valuable assets that could weather the economic storm.
In addition to these traditional investments, some are looking to take more risks with so-called "meme stocks" – stocks that have been hyped up on social media. One investor took out five loans for a total of 71,000 euros ($76,672) between December 2020 and September 2021 to help him invest in meme stocks.
To protect investor, Rep. Bryan Steil's (R-Wis.) Putting investor First Act would boost SEC oversight of proxy advisory firms like Glass Lewis and Institutional Shareholder Services.
For those looking for socially responsible investments, many companies now offer Environmental, Social, and Governance (ESG) funds. For example, one company has a return on invest (ROI) of 18%, meaning that for every R$1 of its shareholders' investments, the company generates a profit of R$0.18.
To ensure that ESG funds are being used effectively, Rep. Mike Holdman, R-Markle, has proposed a ban on investing in certain industries. Holdman told the committee his ESG ban wasn't intended to “tie the hands of the INPRS investor,” but rather ensure that they are investing in high-impact projects.
For the third year in a row, Bloomberg Opinion columnists have revisited their predictions for the future of investing. They suggest that investor should focus on the long-term and be selective when investing in new products and technologies.
To ensure that investor have a secure future, some have suggested investing in infrastructure. Renovation and preservation work on the historic Old State Capitol will get a $15.1 million boost from the Rebuild Illinois capital plan.
And, more recently, a bill introduced by Rep. Mike Gallagher (R-WI), the new head of the House's select committee on China, and Sen. Josh Hawley (R-MO) would require federal government agencies to stop investing in companies that are linked to the Chinese military.
To help small businesses, Rep. Gary Palmer, R-Ala., has proposed a bill to require federal government agencies to invest in small businesses. The House has passed the investing in Main Street Act, which would create a new $50 billion revolving loan fund for small businesses.
For 2021, investor should be aware of the risks and rewards of different types of investments. investing in traditional assets such as gold, silver, and Bitcoin can help weather the economic storm, while taking risks on meme stocks and investing in ESG funds can provide potential rewards. Additionally, investing in small businesses and infrastructure can help support the local economy.
