With 2020 and 2021 being an uncertain time where finances are concerned, you might be looking for investment tips.
According to reports, many have shied away from major financial decisions amid the pandemic. However, this doesn’t mean investing is out of the question. But where should you invest your money?
Whether it’s tips for investing in stocks, real estate investing tips, or stock market investment tips we’ve got 6 pointers for managing your money in 2021.
1. Pandemic Investment: The Covid-19 Vaccine
While Covid-19 has been disastrous for many around the globe when it comes to finances, with the vaccine now in circulation the end of the pandemic is (hopefully) in sight.
Some of the biggest casualties amid the health crisis have been hospitality, events, and small businesses. And so those looking to invest – or retain stocks or shares – in these sectors should obviously be wary.
Perhaps the biggest investment tip here is to keep a diligent eye on these markets. Where the vaccine is concerned, those public companies involved in the development and administration of the jab will benefit as 2021 moves forward.
The likes of vaccine producers Pfizer or Moderna will naturally come out on top, while the likes of therapeutic drug company Regeneron will do well.
As pointed out at the end of 2020, cold-storage firms, such as PCI Pharma Services in Philadelphia, are Wall Street’s “shiny new thing” thanks to the part they play in vaccine delivery and protection.
2. Travel Investment: Getting Away Again
With travel canceled, suspended, and banned across the globe over the past year, people are desperate to get away.
This means, despite suffering massively amid the pandemic, travel companies will be bombarded with bookings once we are allowed to go on vacation again. Stocks in airline companies, cruise lines, hotels, and travel package providers are likely to see a sharp incline.
3. Hospitality Investment: Eat Out to Help Out
As well as not being allowed to travel, we’ve not been able to enjoy dining out or going to bars and clubs. This means as this sector begins to reopen, chain restaurants will see major percentage gains.
Investing in the likes of Starbucks, McDonald’s, Yum China, Darden Restaurants, and Chipotle could be your best decision. These are the five restaurant chains at the top of the global stocks list as of March 2021.
4. Is Working From Home Still Working?
The answer is yes. With most people told to stay home during the past 14 months, a new trend was enforced and seems to be sticking around. That being said, the likes of Zoom have experienced loss since the development of the vaccine.
While Zoom is certainly not in trouble, don’t be so sure to put all your investment banking energy into one seemingly obvious concept.
FAANG is how Wall Street refers to the Facebook, Amazon, Apple, Netflix, and Google (and sometimes Microsoft) collective.
Like Zoom, they’re not going anywhere; but, like Zoom, as normalcy begins to return over 2021, the desperate need to binge-watch or flick through social media is likely to drop a tad.
6. Keep it Clean
Amid the Covid-19 crisis, there is a high demand for cleaning products. This means investing in cleaning manufacturers could be a sensible move.
The likes of Colgate-Palmolive, Clorox, Procter & Gamble, Unilever, and Church & Dwight have been proactive in coming up with new products and strategies.
Investment Tips in 2021
With these investment tips, you’re bound to make the right move with your money in 2021. Keep an eye on promising companies when deciding where to invest, and always do your research.
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