Are you over the stock market and investing in stocks? Then here is some good news: According to National Real Estate Investment Advisors (NRIA), now more than ever is the time to start seriously considering investing in real estate. According to the team at NRIA, “it’s become common to mention the challenges that the pandemic has brought to commercial real estate, a much more exciting trend is also well underway; that of purpose-built living space designed for the higher-end buyer.” This new conversation is opening up a lot of new potential in the real estate market. BUT, it is not just real estate where new investment potentials are budding – here are some great non-stock investments for 2021.
Obviously, a group like NRIA is the perfect investment opportunity. This group of real estate advisors has a “commitment to long-term growth through active market, property/project-type, and sector selection which allows for a diversified investment strategy that continually delivers high low-volatile returns.” NRIA is leading this new trend of building high-end purpose-driven living spaces in response to the pandemic, and the firm already boasts a “3.0X AVERAGE GP-LEVEL EQUITY MULTIPLE SINCE 2010.”
Along with real estate, investing in gold is another option if you are ready to diversify or leave stocks altogether. According to Investopedia, “Gold is regarded as a great diversifier because of its low correlation with other asset classes, especially stocks. This becomes more pronounced in tougher times when gold can act as a rescue asset.”
Savings Bonds are another great stock alternative. Saving bonds have several positive aspects: they take 30 years to mature, there are no state or local taxes charged on bond interest, and federal tax can be deferred until you redeem or cash in. Additionally, some bonds can be used for educational expenses AND earn you federal tax benefits.
Last but not least, investing in fine art is always an option, and for that, there is Masterworks. Masterworks “is the only platform making it possible to invest in multimillion-dollar works from artists like Banksy, Kaws, Basquiat, and many more. Investors of all types—from all over the world—use our proprietary data to improve their portfolio performance.”
No matter the path you choose, you are not stuck with one investment choice only. While stocks are most familiar – real estate has always been a sound long-term alternative, and now you have three other investment avenues to consider as well…