Lately, I have been thinking about how best to make a fortune out of one's investment. I do believe that leaving money in the bank will render the value of such money useless with time. In my opinion, keeping money in the bank is not bad in itself as it saves someone of headache attached to losing some hard-earned funds to investment scams or failed investments. However, funds put into use are better than the funds in the bank. It now depends on what type of use it is subjected to.
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There are a lot of investments one can venture into depending on the capital at stake or funds readily available for use. I have heard people talking about several investment platforms of the type that yield more profit.
One of them is stocks which many might call the stock market. Though I don't know more about how stocks work I know it involves buying and selling shares. All I can say as far as stock investment is concerned would be about the fact that it is a long-term commitment.
Another type of investment is real estate. I so much love this investment, however, the fact that it comes with so much risk particularly if someone falls victim to its scam makes it complicated. Buying land or property will surely make a good return in the long run if not immediate profit. Fixed deposit is also one of the types of investments someone can try out, but the fact that it has to do with the bank makes me a bit indifferent towards it. I guess many people born in the 19/20 century will prefer this type of investment as it seems safe and secure when it comes to security. There are other types of investment which I won't mention though because they are not my focus in this write-up.
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Talking about 21st-century investment which has enriched some young folks. I will choose cryptocurrency even though its volatile nature could make someone lose a fortune yet it may breed millions in just a couple of months. Having identified that cryptocurrency could make someone a fortune, investment in the right Altcoin or coin can't be overemphasised. Although, I have made some notable investments as far as cryptocurrency is concerned. I have some Sol, Ordi, BTC and a bunch of hives. Right now I feel like I don't have enough #hive investment at my disposal. I want to add more to my portfolio.