What is the next big thing to invest?
Next Big Thing in Investing: Artificial Intelligence
In 2024, more investors are interested in sustainable investing. According to Morgan Stanley research, 54% of individual investors plan to allocate more into sustainable portfolios, while more than 70% believe focusing on ESG objectives can deliver superior financial returns.
Some of the best investment options in India for 2024 include Mutual Funds, FDs, Public Provident Fund (PPF), National Pension System (NPS), Stock Investment, Mutual Funds, Commercial Real Estate, Initial Public Offer (IPO), Bonds, etc.
Key Findings. The federal funds rate is expected to drop by 150 basis points (1.5%), from 5.3% to 3.8%, by the end of 2024. Commercial lending rates are almost certain to drop alongside the federal funds rate, providing an opportunity for borrowers to refinance high-interest loans.
Investors should look for sectors that provide essential services or products that remain in demand regardless of economic conditions. For instance, healthcare, utilities and consumer staples often exhibit this recession-resistant characteristic.
| Stock | 2024 performance through Feb. 29 |
|---|---|
| Super Micro Computer Inc. (SMCI) | 204.7% |
| Vera Therapeutics Inc. (VERA) | 206.1% |
| SoundHound AI Inc. (SOUN) | 250% |
| Viking Therapeutics Inc. (VKTX) | 314% |
- Exact Sciences (NASDAQ:EXAS) is one of the better-known stable stocks thanks to its leading product, Cologuard. ...
- Another one of the top stable stocks to buy and hold is Alibaba (NYSE:BABA).
- Michael Burry, made famous in The Big Short, is also big on Alibaba at the moment.
- High-yield savings accounts.
- Certificates of deposit (CDs) and share certificates.
- Money market accounts.
- Treasury securities.
- Series I bonds.
- Municipal bonds.
- Corporate bonds.
- Money market funds.
- Stock Market (Dividend Stocks) ...
- Real Estate Investment Trusts (REITs) ...
- P2P Investing Platforms. ...
- High-Yield Bonds. ...
- Rental Property Investment. ...
- Way Forward.
- Get a 401(k) match. Talk about the easiest money you've ever made! ...
- Invest in an S&P 500 index fund. An index fund based on the Standard & Poor's 500 index is one of the more attractive ways to double your money. ...
- Buy a home. ...
- Trade cryptocurrency. ...
- Trade options.
Will the economy get better in 2024?
The global economy is expected to remain uncertain throughout 2024. The World Economic Forum's latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.
- Tech Still Rules the Roost. Tech continues to dominate in 2024. ...
- Healthcare Crosses New Frontiers. ...
- Clean Energy Charges Up. ...
- Finance — Bringing Future Finance to the Masses. ...
- E-commerce Still Has Room To Run.
Economic Growth
In calendar year 2023, the U.S. economy grew faster than it did in 2022, even as inflation slowed. Economic growth is projected to slow in 2024 amid increased unemployment and lower inflation. CBO expects the Federal Reserve to respond by reducing interest rates, starting in the middle of the year.
With interest rates having peaked last year, growth stocks such as small caps may be poised for a strong performance in 2024. Small-cap stock funds can earn sizable returns over time, and the best small-cap ETFs can earn double-digit returns annually for years.
Financial Technology (Fintech)
With the increasing adoption of mobile banking, digital payments, and blockchain-based solutions, the fintech industry is expanding rapidly to meet evolving consumer demands. Investing in fintech startups and technologies can offer significant opportunities in 2024.
The computer systems design sector ranks among the fastest growing sectors in the United States. In 2022, the sector reported an output of almost $612 billion and is expected to grow to $841 billion in 2032. The sector is also expected to experience a 1.8% increase in employment in the forecast years of 2022-2032.
- Aris Water Solutions, Inc. (NYSE:ARIS)
- XPeng Inc. (NYSE:XPEV)
- NIO Inc. (NYSE:NIO)
- ANI Pharmaceuticals, Inc. (NASDAQ:ANIP)
- Concentrix Corporation (NASDAQ:CNXC)
- Fiverr International Ltd. (NYSE:FVRR)
- Perion Network Ltd. (NASDAQ:PERI)
- StoneCo Ltd. (NASDAQ:STNE)
- Alphabet.
- Amazon.com.
- Apple.
- Meta Platforms.
- Microsoft.
- Nvidia.
- Tesla.
| Company Name | LTP | All T/H Date |
|---|---|---|
| ICICI Bank | 1080.35 | 06-03-2024 12:00:00 |
| Tata Motors | 945.85 | 05-03-2024 12:00:00 |
| Maruti Suzuki | 11476.65 | 05-03-2024 12:00:00 |
| NTPC | 316.3 | 05-03-2024 12:00:00 |
- U.S. Treasury Bills, Notes and Bonds. Risk level: Very low. ...
- Series I Savings Bonds. Risk level: Very low. ...
- Treasury Inflation-Protected Securities (TIPS) Risk level: Very low. ...
- Fixed Annuities. ...
- High-Yield Savings Accounts. ...
- Certificates of Deposit (CDs) ...
- Money Market Mutual Funds. ...
- Investment-Grade Corporate Bonds.
How to become a millionaire in 10 years investing?
Now, let's consider how our calculations change if the time horizon is 10 years. If you are starting from scratch, you will need to invest about $4,757 at the end of every month for 10 years. Suppose you already have $100,000. Then you will only need $3,390 at the end of every month to become a millionaire in 10 years.
If you're big into real estate and another bubble bursts, you're out a significant amount of cash. By putting gold in your portfolio — an asset that typically has an inverse relationship to most other types of investments — you can offset some of that risk and better protect your wealth.
1. Government Bonds: Considered low-risk, bonds issued by stable governments can provide steady returns, although they may not always reach 8%. 2. Certificates of Deposit (CDs): CDs from reputable banks offer fixed interest rates for a specified term, providing a guaranteed return.
- Stocks.
- Real Estate.
- Private Credit.
- Junk Bonds.
- Index Funds.
- Buying a Business.
- High-End Art or Other Collectables.
- High-yield savings accounts.
- Certificates of deposit (CDs)
- Bonds.
- Funds.
- Stocks.
- Alternative investments and cryptocurrencies.
- Real estate.
References
- https://www.forbes.com/sites/investor-hub/article/top-5-sectors-to-invest-2024/
- https://www.linkedin.com/pulse/how-invest-10-earn-daily-2024-guide-vanel-sylvestre-kjkde
- https://www.screener.in/screens/355766/highest-return-in-1-year/
- https://corporatefinanceinstitute.com/resources/career-map/sell-side/capital-markets/aggressive-investment-strategy/
- https://www.cbsnews.com/news/why-you-should-invest-in-gold-in-2024/
- https://www.indiainfoline.com/markets/hot-stocks
- https://www.gobankingrates.com/investing/strategy/safe-investments-with-high-returns/
- https://www.entrepreneur.com/money-finance/7-ways-to-make-money-quick-by-only-investing-1000/303429
- https://www.linkedin.com/pulse/10-principles-multiply-your-money-deepak-dhabalia
- https://www.fool.com/investing/how-to-invest/stocks/good-time-to-buy-stocks/
- https://www.investopedia.com/financial-edge/0711/how-to-double-your-money-every-6-years.aspx
- https://www.visualcapitalist.com/visualizing-the-investments-of-the-ultra-wealthy/
- https://finance.yahoo.com/news/genius-ways-1-000-month-105500970.html
- https://medium.com/@dontworkanotherday/how-to-turn-50k-into-100k-tips-to-double-50k-cac46fbf5558
- https://www.livemint.com/market/stock-market-news/top-7-investment-trends-to-look-out-for-2024-11702612130611.html
- https://www.gobankingrates.com/money/making-money/best-ways-to-double-5000-dollars/
- https://finance.yahoo.com/news/500-every-month-passive-income-130041730.html
- https://smartasset.com/estate-planning/8-best-investments-to-generate-monthly-income
- https://www.nasdaq.com/articles/5-of-the-most-promising-industries-to-invest-in-for-2024
- https://www.investopedia.com/ask/answers/032415/which-investments-have-highest-historical-returns.asp
- https://www.forbes.com/advisor/investing/best-long-term-stocks/
- https://www.bitcot.com/fastest-growing-industries/
- https://medium.com/@dontworkanotherday/how-to-double-2000-in-24-hours-9-easy-methods-dc9ee24571fb
- https://finance.yahoo.com/news/much-money-stock-market-75-180021414.html
- https://www.bankrate.com/investing/best-s-p-500-index-funds/
- https://www.foxbusiness.com/lifestyle/investments-financial-gain
- https://www.kiplinger.com/investing/stocks/where-can-the-magnificent-seven-stocks-go-in-2024
- https://finance.yahoo.com/news/10-return-investment-roi-141300511.html
- https://www.bankrate.com/investing/low-risk-investments/
- https://www.nasdaq.com/articles/7-stable-stocks-to-buy-for-100-returns-by-2025
- https://www.nasdaq.com/articles/next-big-thing:-3-revolutionary-megatrends-to-invest-in-for-2024
- https://www.fool.com/the-ascent/personal-finance/articles/5-surprising-investing-trends-to-watch-in-2024/
- https://www.livemint.com/money/personal-finance/how-fast-can-you-double-your-money-with-ppf-mutual-funds-bank-fixed-deposits-rule-of-72-explains-11695454734074.html
- https://www.nerdwallet.com/article/investing/best-performing-mutual-funds
- https://finance.yahoo.com/news/13-stocks-double-2024-153022696.html
- https://www.fool.com/investing/2024/02/02/growth-stocks-could-double-revenue-2025/
- https://www.experian.com/blogs/ask-experian/housing-market-predictions/
- https://medium.com/@Levente22/9-simple-tricks-to-make-an-extra-2-500-each-month-at-home-0b6e0e6392ef
- https://www.5paisa.com/share-market-today/stocks-to-buy-or-sell-today
- https://www.bankrate.com/investing/how-to-invest-like-millionaire/
- https://www.trustnet.com/news/13401827/the-18-funds-most-recommended-by-best-buy-lists-in-2024
- https://www.forbes.com/advisor/investing/stock-market-outlook-and-forecast/
- https://www.nerdwallet.com/article/investing/the-best-investments-right-now
- https://money.usnews.com/investing/articles/best-growth-stocks-to-buy
- https://www.investopedia.com/articles/basics/09/cash-is-king.asp
- https://www.moneycontrol.com/news/business/markets/7-stocks-that-can-deliver-over-30-returns-to-make-you-rich-in-2024-12175671.html
- https://money.usnews.com/investing/articles/how-to-become-a-millionaire-by-investing
- https://www.cbo.gov/publication/59946
- https://www.nerdwallet.com/article/investing/best-etfs
- https://www.become.nz/articles/how-to-become-a-millionaire-with-no-money
- https://finance.yahoo.com/news/3-growth-stocks-could-skyrocket-124500154.html
- https://time.com/personal-finance/article/ways-to-invest-10k/
- https://finance.yahoo.com/news/analysts-predict-2024-stock-picker-120106531.html
- https://www.investopedia.com/undervalued-stocks-under-50-february-2024-8575643
- https://fortune.com/recommends/investing/safe-investments/
- https://www.kubera.com/blog/wealth-building-habits
- https://www.businessnewsdaily.com/2871-how-most-millionaires-got-rich.html
- https://www.forbes.com/advisor/investing/best-low-risk-investments/
- https://www.bankrate.com/investing/best-ways-to-invest-1000/
- https://www.usnews.com/news/economy/articles/2024-02-20/leading-economic-indicators-no-longer-forecasting-a-recession
- https://www.marketwatch.com/guides/banking/financial-trends-2024/
- https://money.usnews.com/investing/articles/best-income-investments
- https://www.weforum.org/agenda/2024/01/economic-outlook-2024-recession-inflation/
- https://www.bajajfinserv.in/investments/complete-guide-investing
- https://www.morningstar.com/stocks/best-worst-performing-stocks-february-2024
- https://www.forbes.com/sites/jacobwolinsky/2024/03/04/a-magnificent-2024-managers-review-their-magnificent-seven-holdings/
- https://www.cnn.com/cnn-underscored/money/investing-for-beginners
- https://finance.yahoo.com/news/more-money-investing-10-000-220010726.html
- https://finance.yahoo.com/news/12-fastest-growing-sectors-investment-230500439.html
- https://leaders.com/articles/business/fastest-growing-industries/
- https://www.fool.com/investing/how-to-invest/how-to-invest-50k/
- https://www.ramseysolutions.com/retirement/how-to-start-investing
- https://moneytalkwitht.com/blog/how-to-turn-10k-into-100k/
- https://www.nasdaq.com/articles/make-these-4-moves-in-2024-to-end-up-a-millionaire-by-2054
- https://finance.yahoo.com/news/why-bull-market-2024-just-180300707.html
- https://finance.yahoo.com/news/strategy-offers-exposure-magnificent-seven-090300663.html
- https://money.usnews.com/investing/articles/10-best-investments-for-2024
- https://www.nerdwallet.com/article/investing/best-ways-to-invest-5000
- https://finance.yahoo.com/news/invested-1000-p-global-decade-133005715.html
- https://www.cheggindia.com/earn-online/future-business-ideas/
- https://www.bankrate.com/investing/best-investments/
- https://www.linkedin.com/pulse/how-get-12-returns-investment-fellofinance
- https://www.shopify.com/blog/how-to-make-1000-fast
- https://lyonswealth.com/blog-details/how-much-money-do-i-need-to-invest-to-make-3000
- https://www.bankrate.com/investing/ways-to-double-your-money/
- https://time.com/personal-finance/article/best-investments-for-beginners/
- https://finance.yahoo.com/news/5-ways-50-000-passive-120014009.html
- https://www.quora.com/What-are-the-best-investments-that-give-a-minimum-of-8-guaranteed-returns
- https://www.stash.com/learn/how-to-invest-1000-dollars/
- https://finance.yahoo.com/news/7-ways-start-building-wealth-123008400.html
- https://www.financialexpress.com/market/cafeinvest-where-will-the-money-flow-in-2024-equity-gold-or-bonds-3357199/
- https://createandgo.com/how-to-make-a-million-dollars
- https://finance.yahoo.com/news/much-interest-earn-1-million-150000229.html
- https://money.usnews.com/investing/articles/best-performing-stocks-of-the-year
- https://www.bankrate.com/investing/best-short-term-investments/
