Investing and making money in the 21st Century has been tough. That’s not to say it’s possible though. All it takes is some research, careful projections, and knowing when to sell. The old motto is to buy low, sell high. So one key piece of advice most experts will give is to sell stock when it is high, especially if it has been one that has been subject to heavy fluctuation. Another tool needed when playing the stock market is patience. Do not panic and sell after your stock drops. Chances are in time it will rebound. So let’s get down to it. Let’s talk about making money and saving money. Let’s talk about the best five stocks for the 21st Century.
Gold: Even as the dollar has declined tremendously, gold has stood its ground and has increased its value tremendously (4). Investing in gold is almost always safe and is almost guaranteed to yield you some profits over a few years. Some people who took the risk years ago to invest in a lot of gold have seen huge rewards in the millions of dollars.
Blue Chip Stocks: Blue chip stocks as listed by the Dow Jones Industrial Average are time-proven and typically will steadily increase their value over a long period of time. It is rare to see a blue chip stock crash and burn. Note though that this is a long-term investment and it may take a long time to see real profits. However, having this sort of patience is worthwhile. Typically investors do not lose money investing in blue chip stocks.
Computer Tech Companies (1): The 21st Century is the age of information and the age of technology. Investing in companies like Apple, IBM, and others are most certainly going to yield you some big profits. Software companies, computer companies, cell phone companies and any other companies producing computer technology are all quality stock investments.
Energy (3): The safest energy investment is probably petroleum at the moment. Think of companies like Exxon and Chevron. Their profits have been huge lately. However, alternative energy companies like wind power and solar energy projects are also worthy share investments. Countries like China are putting a lot of money into solar energy projects and investments in such companies could yield mammoth amounts of profit.
Developing Nations: While much of the West has been stagnate in terms of GDP growth, places like India, Vietnam, China, Brazil and others have seen huge economic growth in this new century (1 and 2). Investing in real estate, companies, or in projects in these countries are all great options for the adventurous investor. Keep an eye on these four countries especially and on other rising countries. Their GDP gains have been huge and look as if they will only continue to increase.
References
1) Twenty First Century Investment Themes
2) Asian Growth in the 21st Century
3) Global Trends for 21st Century Investment
4) Gold Investment
