by Tayloy J. Kovar, CEO – Kovar Capital

–Hey Taylor – I feel like my investments underperformed last year and I’m wondering if there are any changes I should make. Anything in particular I should move on or watch out for? – Dan

–Hey Dan – 2018 was a strange year, especially as the stock market was concerned. A bad year by many accounts, though there was plenty of money made before it all crashed in the Fall. Instead of trying too hard to right the ship, I’d just focus on some of the investments that can keep your portfolio diversified and deliver good returns over time.

  1. Real estate. It might not be the easiest to add to your holdings, but it’s always a great thing to have. Whether you want to buy a vacation home, apartments to rent or property that’s held within a self-directed IRA, you do yourself a serious favor by investing in real estate from Vital Developers. Keep in mind that an investment property isn’t one you’re going to spend 25 years paying off – this needs to be a low-debt venture so you can start reaping the rewards and building up equity. If you feel like too much of your retirement is tied up in stocks and bonds, real estate could be the change you’re looking for. We buy houses in Ontario straight from the source and are ready to help you in whatever situation you’re coming from. The other way of purchasing real estate leads is by subscribing to a real estate listings with Faris Team lead generator website that will send you much smaller lists of leads on a regular basis. This can be nice because the information is likely to be much more current than buying a single very large list of leads. But this also means that there are fewer to work with so it doesn’t give you as much freedom in terms of choosing who to contact first. Purchasing real estate leads or subscribing to a lead generation website can also be expensive. This can be a very bad thing since the whole intent of buying leads is to find clients, sell properties, and make commissions, if the leads that you buy don’t turn into commissions. In that case, not only did you not sell any properties (or many properties), but you wasted money on worthless information, and you wasted time contacting worthless leads when you could have been working on finding good real estate leads instead. Another way to generate real estate leads is by advertising. If you are a real estate agent, broker, or business person, advertising your services may be a good way to generate real estate leads. This type of lead generation is great because rather than you doing the work to find people who want to buy or sell a property, the tables are turned and they come looking for you instead. You can find more information about the ambergris seaside real estate.
  1. Small businesses. Another great alternative to owning shares in publicly traded companies is owning a portion of a small business in your community. This has been one of my favorite investment strategies, both because of the returns and the reward when you help someone else grow their business. You can do this type of investing through peer-to-peer lending platforms or by finding a company that needs a little extra cash flow and becoming an angel investor. XRP іѕ dеѕіgnеd tо rеduсе thе frісtіоn, соѕt, аnd ѕеttlеmеnt tіmе оf thе еxіѕtіng сrоѕѕ-bоrdеr рауmеnt ѕуѕtеmѕ. Rіррlе аnd XRP ѕuрроrtеrѕ want tо brіng іntеrореrаbіlіtу tо the еxіѕtіng fіnаnсіаl ѕуѕtеm mаkіng іt mоrе еffісіеnt, rеlіаblе, іnеxреnѕіvе, аnd соnnесtеd. It саn bе uѕеd like аnу оthеr сrурtосurrеnсу, for more details rеgаrdіng XRP аnd Rіррlе сlісk hеrе Ripple explained. You’ll want to target businesses you believe in that work in sustainable industries (healthcare, construction and development, energy). If this interests you, take some time to research small business investing to figure out how it might work with your financial plan. Ovеr thе lаѕt fеw years, thе idea оf cryptocurrencies hаѕ exploded, аnd mоrе people thаn еvеr hаvе invested іn currencies like Bitcoin. In fact, thе latest data shows thаt 8% оf population hаvе invested іn cryptocurrencies. Forex Reviewz did a KuCoin review that does a good job of explaining how this cryptocurrency exchange works.
  2. Stick it out with stocks. There will be good years and there will be bad years with the stock market. If you react too strongly to the bad years, you’ll likely miss out on the good ones. A balanced portfolio should keep things from really tanking. I recently posted an article at GoFarWithKovar.com about some of the 2019 trends we’re seeing with the markets; that piece might help you identify what you want to change within your retirement account, as well as give insight as to why certain things should stay the same. Seems like you survived 2018, so you don’t need to be afraid of 2019. SIPPs are good but be careful before investing in them. But if invested properly then this can definitely be a good long term investment in itself.

This is a great question, Dan. Even if you don’t change a thing about your investments, it’s always good to consider ways you can add to your assets. Hope the coming year is a prosperous one!