Where is Best to Invest?

If you have money burning a hole in your high interest ISA and are looking for a way to invest it with the best potential outcome, here are the top suggested industries and products. 

 

Property 

Property has always been a longstanding investment choice, ideal for those either looking for a steady extra income or a quick payout. However, buy-to-let restrictions are impacting many landlords’ income with high taxes stripping them of some of the profit they were once enjoying. This means many are selling up and moving onto pastures new, which opens up the field for those ready to take the plunge. 

 

However, in 2017 many investors will be adopting the ‘leverage’ tactic, borrowing more than needed to get their development up and running and selling this on for a lot more than purchased to enjoy a small profit. Land acquisition companies, run by the likes of Jason Harris at First Urban, will continue to seek out land ripe for new communities and builds so keep an eye out on developments taking place in 2017.  

 

Tech 

The world of digital is influencing our investment decisions more and more, and investing money in social media sites and tech markets could prove lucrative. VR and AR technology is dominating the tech and gaming industry, so investment in up and coming developers could see you winning. Just imagine if you had invested in a developer such as Niantic, who brought out Pokemon Go in collaboration with Nintendo – the game makes £2 million every day. Look out for indie game developers using crowd sourcing services, hundreds of pounds could turn into thousands if their game is a hit. 

 

Gold 

Brexit has actually done great things for the gold investment market, as many people took their life savings and converted them into gold as a way of ensuring financial security in the future. Gold is a great investment because it is a tangible product. Banks and interest rates fluctuate but gold tends to retain its value. In 2017, gold is seen as a great place to invest and people have been converting 40 – 50 per cent of their net worth into physical gold this past year. 

 

Vintage cars 

While cars depreciate in value quickly, vintage cars, if they are well maintained, could prove to be lucrative investments for those looking to boost their mortgage. Classic cars are the ones to look out for, that can be easily restored to their former glory. Check out this article on the top 10 best classic cars to invest in and start scouring the auctions. 

 

Wine 

Investing in wine funds is an excellent way of seeing a return on your money, however because it is considered a ‘wasted investment’ be aware of timescales when it comes to buying and selling. Wine has a life of 50 years or less, so you need to work out when is best to sell your product for return. This can also be dependent on the state of the financial market and the type of wine you have to sell. Read up on this type of investment further here. 

 

Overall, the types of investments remain the same but proceed them with caution in 2017. Look towards up and coming industries, such as tech, where more and more money is being invested to encourage progress.