Skyrocket Your Savings with 12 Percent Returns
Investment Options to Consider
To embark on this financial journey, you should explore a variety of investment options. One popular choice is growth stocks, which are shares in companies expected to grow at an above-average rate compared to other companies. These stocks can provide substantial returns but come with higher risks. Another option is real estate investment trusts (REITs), which allow you to invest in real estate without having to buy property directly. Historically, REITs have offered attractive returns and can be a good hedge against inflation2.
Additionally, peer-to-peer lending platforms often advertise returns in the double digits. By lending your money to individuals or small businesses through these platforms, you can earn interest rates that exceed traditional savings accounts or bonds3. However, it's crucial to assess the risk associated with each borrower and diversify your lending portfolio to mitigate potential losses.