When it comes to investing, it can be difficult to determine which are the best options for your hard-earned money. With the current economic conditions and declining stock market, it is more important than ever to be informed on the best ways to protect and grow your wealth. Here is a guide to the 18 best investment options for 2023, including stock, crypto, and real estate investment trusts (REITs).
I Bonds are a great option for short-term investment. They are issued by the US Treasury, and the current composite rate is 6.89%. They are a low-risk investment, as they are backed by the US government, and they guarantee a return that is higher than the rate of inflation. The interest rate is adjusted every six months, so it is important to keep an eye on the rate to make sure you are getting the maximum return.
Cryptocurrencies are becoming increasingly popular as an investment option. Now could be either a great or terrible time to invest in crypto. It's no secret that the last year has been rough for crypto. Bitcoin (BTC 9.15%) and Ethereum (ETH 1.4%) have seen their prices fall, but some altcoins have seen gains. The value of the decentralized finance (DeFi) token SafeMoon V2 (NASDAQ:SFM), a Binance Smart Chain (BSC) token, has begun the year positively, and is up over 1000% since December.