The COVID-19 pandemic has created numerous dislocations around the world and because of that, an increasing number of people now struggle to earn a living. As various publications including Bloomberg report, unemployment has risen, impacting society unevenly.
With that in mind, since this is a completely different world than it was just two years ago, it might be better for some people to consider setting out on a new career path, and the present material will help highlight three of the small-budget investing ideas that are now trending.
#1 Starting an online business
Thanks to technological developments, it is now easier than ever to start an online business. People don’t need inventories, and they don’t have to worry about costly rents in central locations. In fact, today one can manage a small company even on their own, or with just a few employees. An e-commerce oriented business is one of the interesting ideas, now that consumer behavior has changed and people spend more time buying things online.
#2 Investing in REITs
Capital has been flowing into real estate at an accelerated pace since 2020, even though the world faced a recession at the time. That is why some people are asking whether real estate is going to get back to normal. Regardless of the outcome, those with a small budget can still invest via Real Estate Investment Trusts (REITs), which are publicly-listed instruments, highly liquid, and affordable for most people.
Expensive properties are no longer at hand for the wider public, but with REITs, it is possible to gain a small exposure to different real estate sectors with low costs and from the comfort of one’s place.
#3 Online trading
Activity has been elevated across the financial spectrum and that, in turn, created an environment in which people with low funding can get involved via retail brokerages such as InvestingCrypto. This is a broker covering a wide range of CFDs, including FX, shares, indices, commodities, and cryptocurrencies – enough to build a solid portfolio and take advantage of short-term price movements.
Those interested can check out InvestingCrypto’s account offer which includes 5 solutions tailored for different types of traders. Regardless of choice, opening a live account with this broker comes with numerous benefits, including access to educational resources, support from an account manager, flexible leverage, and competitive trading costs.
Financial markets are no longer a strange place for the average Joe on the street, mainly because companies like these offer free education and customized support, even when it comes to traders who are new to the industry. With proper knowledge and techniques, anyone can gradually build up skills and eventually manage to tackle all the challenges arising in the world of finance.
InvestingCrypto does its share of the work by creating advanced trading infrastructure that traders can use to conduct their day-to-day trading operations without having to worry about security or a lack of proper tools. That is now possible using a proprietary web-trading platform that is suited for both beginner and advanced traders.