A new year brings new opportunities, and as an entrepreneur, you’ll be looking to see what exciting prospects there are for investment in 2019.
The best way to grow the money you make is to invest judiciously, and it’s good to get a flavor of what might be the most rewarding investment sectors this year.
By doing so, you’re able to pick out businesses that could make a tidy profit and give you the best possible return on your investment. Here are a couple of sectors that industry experts predict good things for the new year.
Real Estate
One of the old faithfuls of the investment scene, but you can’t ignore the track record of real estate investment. It took the sector a while to recover from the 2008 global financial crash, but returns on real estate investment have recovered nicely and there are predicted to be some profitable years coming up, so this could be a valuable component of sound investment strategies this year.
One particularly investable niche is real estate investment trusts, with businesses like the former United Dominion, now known as UDR, leading the field.
One side effect of the recovery from the crash has been an increase in the number of renters, and this is a trend REITs are cashing in on. UDR alone owns around 50,000 apartments and has an excellent track record for earnings per share, which in this sector is called funds from operations.
Stocks
Another company to have a look at is Hello Stake. Hello Stake is an online brokerage platform that also offers a fully-fledged app. According to the stake review, this provider stands out for its “commission-free offering”. This means that you can “buy over 3,800+ US-listed stocks and ETFs without being charged a dime”.
Care Industries
One of the primary growth areas in health and social care is the elder care industry. Not only are people living longer, but there are higher than ever numbers of seniors making up the population.
Future trends look set to increase, so in the coming decades, the demand for elder care services is inevitably going to increase. This equates to an expansion of facilities that cater for seniors, such as retirement living accommodation and home care services.
It can be a challenge for businesses to produce high profits in this sector, but for the companies that get it right, business is going to be booming.
The healthcare industry, in general, is known to be a source of excellent returns if you back a winner, most particularly in niches such as pharmaceuticals.
Investing in a drug company just before it releases a groundbreaking new drug is a ticket to some handsome dividends, but is akin to the holy grail of investing for most people. It’s worth looking at rehabilitation and recovery facilities such as alcohol treatment in Los Angeles, as this is a sector where increased levels of substance abuse mean increasing demand for care providers.
Final Thoughts
The future growth of certain industries may be hard to predict, but health and housing are two of the most enduring and ubiquitous human requirements, so there’s money to be made if you can find the businesses with the best strategies and long-term growth potential.
Base your own strategy on a combination of solid, reliable investments and some higher risk prospects that look like they’re going places, and this could be a highly profitable year.
Edited 12.8.20
