• About
    • About The Healthy Voyager
    • Press
    • Work With Me
    • Disclosure and Privacy Policy
  • HVTV
    • The Healthy Voyager Travel Show
    • The Healthy Voyager’s Global Kitchen
    • The Healthy Voyager’s TV Guest Appearances
    • Healthy Voyager Radio
  • Recipes
    • Appetizers
    • Beverages
    • Breads
    • Breakfast
    • Desserts
    • Dressings & Sauces
    • Entrees
    • Holiday
    • Kid Approved
    • Sandwiches
    • Sides
    • Snacks
    • Soups & Salads
  • Travel
    • Africa
    • Arctic
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Europe
    • Latin America
    • Middle East
    • Oceania
    • USA
  • Lifestyle
    • Eco Corner
    • Entertainment
    • Fashion & Beauty
    • Finance
    • Gifts
    • Healthy Voyager Approved
    • Holidays
    • Home
    • Product Reviews
  • Wellness
    • Fitness
    • Health & Beauty News
    • Mind + Body
    • Pets
    • Relationship Corner
    • Parenthood
    • Weight Loss
    • Women’s Health
  • Shop
    • Cookbook
    • Healthy Voyager Merchandise
    • Entrepreneurial and Business Coaching
    • Financial Coaching
    • Travel Industry Consulting
    • Restaurant, Bar and Food Service Consulting
    • Wellness Coaching
    • E-Books
      • Travel Guides
        • Spain
        • France
        • Australia
      • Cookbooks
        • Winter Wonderland
        • Restaurant Appetizers
  • Book Travel
  • Contact
95K
59K
43K
26K
2K
The Healthy Voyager
The Healthy Voyager
  • About
    • About The Healthy Voyager
    • Press
    • Work With Me
    • Disclosure and Privacy Policy
  • HVTV
    • The Healthy Voyager Travel Show
    • The Healthy Voyager’s Global Kitchen
    • The Healthy Voyager’s TV Guest Appearances
    • Healthy Voyager Radio
  • Recipes
    • Appetizers
    • Beverages
    • Breads
    • Breakfast
    • Desserts
    • Dressings & Sauces
    • Entrees
    • Holiday
    • Kid Approved
    • Sandwiches
    • Sides
    • Snacks
    • Soups & Salads
  • Travel
    • Africa
    • Arctic
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Europe
    • Latin America
    • Middle East
    • Oceania
    • USA
  • Lifestyle
    • Eco Corner
    • Entertainment
    • Fashion & Beauty
    • Finance
    • Gifts
    • Healthy Voyager Approved
    • Holidays
    • Home
    • Product Reviews
  • Wellness
    • Fitness
    • Health & Beauty News
    • Mind + Body
    • Pets
    • Relationship Corner
    • Parenthood
    • Weight Loss
    • Women’s Health
  • Shop
    • Cookbook
    • Healthy Voyager Merchandise
    • Entrepreneurial and Business Coaching
    • Financial Coaching
    • Travel Industry Consulting
    • Restaurant, Bar and Food Service Consulting
    • Wellness Coaching
    • E-Books
      • Travel Guides
        • Spain
        • France
        • Australia
      • Cookbooks
        • Winter Wonderland
        • Restaurant Appetizers
  • Book Travel
  • Contact
  • Budget Living
  • Finance
  • Lifestyle

6 Alternative Investments To Boost Your Retirement Fund

  • March 1, 2020
Total
0
Shares
0
0
0

moneyPreparing for retirement is so important, and the earlier you get started, the easier it will be. Don’t keep putting it off and telling yourself that it’s a long way off and you don’t need to worry about it yet. If you do that, you will end up playing catch up in your 50s and you won’t have the financial security that you need when you retire. If you get started with your savings early on, you will benefit from growth and your savings account will look very healthy when you retire. 

The most common options for retirement savings are an IRA or a 401K. You get some good tax benefits and your money is safe. Everybody should have some of their money in a retirement account, but there are some other options as well. Often, it’s a good idea to spread your money around and look into some of the other alternatives to a traditional retirement account. These different options give you the opportunity to make bigger returns on your investment and boost your retirement savings in a big way. However, it is important to remember that there are more risks involved, so you should still keep some of your savings in a traditional retirement fund. 

If you are going to put your money into alternative investments, you can use a self-directed IRA to manage them. They work in a similar way to a traditional IRA account, but you can use them to invest in a wide range of different things, rather than just paying into them. This self directed ira guide will give you more information on how they work and how you can get one. This is the safest way to put your money in alternative investments so you can ensure that your retirement savings are protected. 

These are some of the best alternatives to traditional retirement funds to help you boost your savings. 

Real Estate 

Real estate investments are one of the most common investment strategies right now. Property prices are on the rise and there are more people than ever renting. That means that property owners can make regular income, and this is incredibly useful when you are retired. Having that asset there also means that you have the option of selling in later life if you need a cash injection to fund your retirement or cover medical costs. 

When you are investing in real estate, you have a number of different options. The best way to give yourself regular income is to invest in a residential property and rent it out to tenants. If you are going to go down this route, it is important that you take advice from your real estate agent so you can find a property in a good location where you can charge a reasonable amount of rent. It is also a good idea to use a property management company to deal with finding tenants, collecting rent, and doing maintenance on the property. If this is an investment for retirement, you don’t want it to eat up all of your time. 

Vacation properties are another great option for a retirement investment. Often people want to travel during retirement and if you have a vacation property of your own, it makes that a lot easier. When you are not using the property with your family, you can rent it out and earn some money from it. 

If you do not want a long term investment and you just want a short term boost to your retirement savings, you could consider flipping houses. If you buy a cheap property in a good location then renovate it, you can sell it on for a big profit. However, this is the most hands on kind of property investment as you will need to oversee the renovations, so make sure that you are prepared for that. 

Peer To Peer Lending 

The way that money lending works is changing a lot, and banks are not the only place to borrow from anymore. Peer to peer lending sites put people in need of loans in touch with people that have money to invest. If you have some savings set aside, you can lend it out to people through a peer to peer lending site, and get paid back with interest. The sites will assess all of their users so you have some protections, but there are still some risks there. It’s not a good idea to put all of your money into peer to peer lending, but there are a lot of people on there that are looking for small loans. You can usually earn somewhere between 4-8% interest, so it’s a good way to earn more money from your savings. 

Commodities 

Commodities refer to a wide range of different goods or services, and where investing is concerned, that means things like gold, silver or platinum. It can also refer to things like oil or gas or even food products. These are good things to invest in because they tend to hold their value quite well, although there are some exceptions. The price of gold, for example, stays relatively strong regardless of what the economy is doing which is why investors often sell up their stocks and put their money behind gold during a recession. If you are looking for a good long term investment, you should consider putting your money into commodities. You can buy shares in commodities in the same way that you would buy stocks and shares in a company, so you do not need to buy physical gold and sell it on. 

Cryptocurrency 

Cryptocurrency is one of the most popular new investment strategies and there are a lot of stories out there about people making millions from it. It’s important to recognize that those people are the exception, not the rule, and you are not going to become a millionaire overnight if you buy some Bitcoins. However, if you invest in cryptocurrency carefully, you can see some good returns. Before you part with any money, make sure that you do your research so you can understand exactly how the markets work. Cryptocurrency can be very unpredictable so you need to be very careful and make sure not to put all of your money behind it. 

Art 

Art is not a particularly common investment but it can be a very lucrative one, as long as you know what you are doing. Art appreciates in value a lot, but only if it is considered valuable by the art world. That’s why it’s important that you take advice from a professional instead of just buying art that you enjoy. However, you should also look for things that you are happy to have up at home so you can get use out of your investment and enjoy it before you sell it on, if you ever decide to. 

Small Businesses

If you have a good amount of money saved up, you should consider starting your own small business. There are some great online businesses that you can start and run from home, which gives you regular income and also gives you something to focus on during your retirement. Alternatively, you can look for other businesses that are looking for investment and put your money behind them. Just make sure that you assess their finances and their business plan carefully so you can be sure that they are going to be successful. 

Retirement accounts are a safe place to put your money, but if you want to diversify your savings, you should try some of these alternative investment opportunities. 

Related Posts:

  • 4 Tips To Boost Your Savings
    4 Tips To Boost Your Savings
  • Why Corfu Is The Ideal Island To Retire
    Why Corfu Is The Ideal Island To Retire
  • Retirement: The top myths debunked
    Retirement: The top myths debunked
  • What Does Financial Independence Look Like?
    What Does Financial Independence Look Like?
  • The Top Financial Tips For Women
    The Top Financial Tips For Women
  • How to Prepare Financially For Retirement
    How to Prepare Financially For Retirement
Total
0
Shares
Share 0
Tweet 0
Pin it 0
Tags
  • finance
  • money
  • retirement fund
  • tips
Carolyn Scott-Hamilton

The Healthy Voyager, aka Carolyn Scott-Hamilton, is the creator and host of The Healthy Voyager web series, site, and overall brand. An award winning healthy, special diet and green living and travel expert, holistic nutritionist, plant based vegan chef, best-selling cookbook author, media spokesperson, sought after speaker, consultant and television personality, Carolyn Scott-Hamilton is a respected figure in the world of healthy lifestyle and travel as well as special diet cooking and nutrition. The Healthy Voyager aims to help people live well, one veggie at a time!

3 comments
  1. Olivia says:
    November 28, 2020 at 7:28 am

    Let’s say you have a Deposit in a Bank, but you are not satisfied with the interest rate, it is too low, and you want to earn more. But you must understand that the higher the opportunity to earn, the higher the probability of losing all the money. Let’s deal with this together with HCR Wealth Advisors. If you are aware of the risks and you have free funds, it may be worth learning how to invest in securities that are traded on the stock exchange.

  2. Hanro says:
    December 7, 2020 at 10:29 am

    In order to work correctly with the market, you need to know how to organize profit growth and reduce losses. And remember: even the biggest investors lose money on some investments.
    These are the basics you need to follow in order for your investment to be successful. Also follow the movements of companies such as James River Capital to understand what actions they are taking

  3. Elisabeth says:
    February 14, 2021 at 2:21 am

    Specialists of the banking sector is still not able to evaluate the rationality of investing in cryptocurrency. However, those enthusiasts who believe in the growth of the bitcoin exchange rate in the future, make a profit now, you can also learn more about Bitau here https://bitau.net/ . The use of currency is gaining momentum due to a large number of useful ways to implement it. The number of users who have linked their business with bitcoin is growing.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Meet The Healthy Voyager
Carolyn Scott, The Healthy VoyagerHi! I'm Carolyn Scott-Hamilton. I'm a Latina holistic nutritionist, vegan chef, cookbook author, speaker, show host, consultant and healthy travel and lifestyle expert. From video web series and travel articles, to product reviews and healthy, vegan and gluten free recipes, you'll find lots of info for a happier, healthier and greener lifestyle! After all, Life is a voyage, live it well!
Follow The Healthy Voyager
Follow Us on FacebookFollow Us on TwitterFollow Us on InstagramFollow Us on PinterestFollow Us on YouTubeFollow Us on LinkedInFollow Us on About.meFollow Us on iTunesFollow Us on E-mailFollow Us on IMDbFollow Us on Amazon.comFollow Us on Snapchat
Healthy Voyager TV
1/30
Next»
By PoseLab
Show more videos»
Subscribe to My Newsletter
Enter Your Email Address
For Email Marketing you can trust
Shop
I’m so excited to share my latest post on Istanbul Turkey! I had the most incredible time on my last visit and this is the first of a few posts and shortly the episodes will debut showcasing this lovely metropolis that spans both the European as well as the Asian continents 💕 Read all about it *Link to post in bio* 🥰 Special thanks to @poemhotel @tripadvisor and the incredible @catmamescithamami for the incredible trip! #HvonTour #whereintheworldisthehealthyvoyager #travelshow #worldnomads #topdecker #instatravel #instashare  #travelgram #travelzoo #wanderlust #instahub #topdeck #instagood #instago #travel #followme #ladiesgoneglobal #lonelyplanet #gltlove #skyscannerambassadors #femmetravel #luxuryworldtraveler #gtl #femaletravelcollective #travacs #turkey #thediscoverer #latinastravel #istanbul #europe https://healthyvoyager.com/things-to-do-in-istanbul-turkey/ 1K 17
I’m so excited that my Namibia episode of The Healthy Voyager is live! I absolutely loved my time in this unique African nation as it’s a place full of adventure as well as incredible African and German hospitality, beautiful coastline, lovely wildlife and more! Watch the episode now! *Link to video in bio* Special thanks to @the_delight_swakopmund and @pelicanpointlodge for the wonderful trip! HvonTour #whereintheworldisthehealthyvoyager #travelshow #worldnomads #topdecker #instatravel #instashare  #travelgram #travelzoo #wanderlust #instahub #topdeck #instagood #instago #travel #followme #ladiesgoneglobal #lonelyplanet #gltlove #skyscannerambassadors #femmetravel #luxuryworldtraveler #gtl #femaletravelcollective #travacs #namibia #thediscoverer #latinaswhotravel https://www.youtube.com/watch?v=pJ7EVLJ1Hio  #africa 1K 33
Don't let "that time of the month" keep you from enjoying your life! @miareliefco signature gummies are formulated with 25mg each of pure hemp derived premium CBD to alleviate discomfort during your period or just to simply get you through the day, help you relax, ease your anxiety, while satisfying your sweet cravings, It's THC FREE and it is non-psychotropic. Toss them in your purse, keep them by your bed and get on with your life, period symptom free, the natural way! It's time to say goodbye to the liver damaging pain relief pills and say hello to MIA. #Paid 1K 11
Ever ready to leave the house or out when you remember that you wanted to do a whitening treatment on your teeth? Guess what? You can now do it on the go with @oralprocare LumiSmile® White Dissolving Professional Whitening Strips! Their 10% hydrogen peroxide whitening strip dissolves within 15 minutes – there is no messy strip to discard after use. Basically, you can whiten your teeth anytime, anywhere! The strips leave your breath fresh and helps you to maintain a dazzling, bright smile with daily use. They also come in a convenient compact case that you can toss into your purse, back-pack or brief case for whitening at work or at play! Get yours for 20% off today with promo code CAROLYNSMILESBRIGHT at OralProCare.com/carolynsmilesbright #oralprocare #smilebright #whiteteeth #teethwhitening 1K 25
Sometimes you just want to stay home, curl up and indulge in some self care when your monthly friend pays you a visit. But say goodbye to the liver damaging pain relief pills and say hello to MIA. @miareliefco silky enriched MIA cream and lotion, formulated with their most potent combination of CBD and magnesium helps to reduce inflammation, discomfort, and cramping. Treat yourself right and rest easy! #Paid 1K 33
I recently had the wonderful opportunity to work with @elmonterv on an epic cross country road trip across the southern USA. From big cities to kooky road side stops and beautiful landscapes like this one at @whitesandsnps , going cross country from Miami to Los Angeles was so fun and cozy! I can’t wait to do it again soon! 💕 Read all about it *Link to post in bio* 🥰 #HvonTour #whereintheworldisthehealthyvoyager #travelshow #worldnomads #topdecker #instatravel #instashare  #travelgram #travelzoo #wanderlust #instahub #topdeck #instagood #instago #travel #followme #ladiesgoneglobal #lonelyplanet #gltlove #skyscannerambassadors #femmetravel #luxuryworldtraveler #gtl #femaletravelcollective #travacs #usa #thediscoverer #latinastravel https://healthyvoyager.com/epic-cross-country-road-trip-with-el-monte-rv/ 1K 38
Facebook 95K Likes
Twitter 59K Followers
Instagram 43K Followers
Pinterest 26K Followers
YouTube 2K Subscribers
LinkedIn
Snapchat

Follow HealthyVoyager on Snapchat!

Copyright The Healthy Voyager 2021

Input your search keywords and press Enter.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT