There’s a term risk analysts use that signifies good long-term investment. They call it ‘smart money’. This isn’t a saying like ‘big money’ or ‘rich-dad money’ whereby someone is overly wealthy and that’s about it. No, smart money is a term used for anyone who knows what risks there are in the markets and has made an investment using great foresight. That means anyone can get involved, including you. But, what really constitutes smart money in the first place? Do you need to be a math wizard? Do you need to know someone, who knows someone? Of course not, you need to have good fundamentals in understanding risk and the changing tides in the global economic and financial systems. It’s not as difficult as it sounds.
All the way to the bank
If you were going to invest in a good financial asset, who would you turn to? The very same people who do this sort of stuff for a living. No not investors and tycoons, bankers of course! Wherever bank money is headed, you should pay attention as to why. Cryptocurrency was a popular movement in the previous decade. But that’s all it was, a movement. Now, however, banks are trying to invest in sound cryptos that they believe will help their business and customers. Ripple is the number one hedging bet for banks across the nation. You can purchase XRP safely using a platform that specializes in this sort of thing. Swyftx uses EPay, an already tried, trusted, and established platform. You can buy-in using this or you can use some of the billions of liquidity the company offers. You only need a form of ID such as a passport, a valid email address and a phone number to get started. Ripple is currently less than one dollar but banks are quickly moving in.
US Stock Market bull run blitz
Talk about bull runs, the US stock market is rising faster than any other stock market in the world right now. After all, it is seen as a safe haven by all kinds of investors. It has the world reserve currency and the FED has literally said it will pump $3 trillion into the economy in the coming months. This means equities are set to blow the roof off in the new few weeks. The Dow Jones has already risen from 23,643 on May 15, to 24,474 on May 21. Considering that in March it was 18,591, you can safely say that it will reach over 30,000 once the lockdown is lifted. Buy stocks now, while they’re cheap.
Buy the ounce
Gold has increased by 30% in just 4 months. It’s gone from around $1,300 to $1,600 and is said to be reaching higher on a weekly basis. This is because although the FED is helping the economy in the short-term, national debt is rising. It’s now $25 trillion and that means, smart money is looking for shelter and it’s made out of gold ounces.
You should take some of your savings and invest carefully in one of these options. Gold is always safe, stocks are a shot in the arm, and crypto is long-term.