Whether you’re saving for retirement or just to gain peace of mind, certain investments are better than others. In fact, investing in the wrong assets can actually be detrimental to your portfolio and everything you’ve worked for. With that being said, it’s important that you take an informed approach when making financial decisions in the coming months and years. Let’s take a look at five of the smartest investments you can pursue.
1. Gold and silver
When you look back at history and think about the ebbs and flows of global economies, what’s the one thing that’s never failed? The correct answer would be gold. In the more than 5,000 years it’s been used by humans, the value of gold has steadily increased.
And according to reliable financial institutions, there is currently only enough gold for every person on earth to have one-third of an ounce. However, people are being born much faster than gold is being mined or discovered.
That ultimately means that gold will become increasingly scarce and values will continue to grow in the future. It’s the safest investment in the world and always will be.
While gold is arguably the best investment opportunity, silver is still a safe choice and very lucrative. It’s also true that there’s currently less silver available on the earth than there is gold. That, combined with its relatively low price point, makes silver a no-brainer for investment and future financial security.