Every year brings new investment opportunities in to the marketplace. With technology progressing at such a rapid pace, there are some unique sectors that could potentially have promising returns. Let’s take a look at the growing investment trends in 2021 and the driving factors behind them.
Cryptocurrency and NFTs
Cryptocurrency and blockchain technology are certainly attractive industries that have everyone talking. Last year was massive for the crypto sphere, and it seems to have carried over to the new year. While there are numerous factors that have contributed to the rise of crypto in past years, the support from prominent business figures has been the most important. Everyone from Elon Musk to Michael Saylor and Goldman Sachs have publicly voiced their support for this budding industry.
Another massive trend over the past year has been the NFT markets and the large amount of media attention they have received. NFT stands for non-fungible token and they’re all the rage right now. You have likely already heard of these tokens as they have been discussed heavily in both pop culture and business. What these tokens essentially do is provide a digital certificate of ownership for both digital and physical art and goods.
However, no one could have predicted the unbelievable sales figures we have seen, like the $69 million dollar purchase price of artist Beeple’s work, Everydays: The First 5000 Days. Whether this kind of growth can continue is the topic of debate now.
While stocks themselves should be a familiar investment class for most people, the stock trends that we have been seeing are certainly interesting and worth a second glance. Many analysts have been discussing these sectors as promising picks.
Remote Working Software
Remote working has really taken off in recent years. More so than ever before, employees are opting to work from home and skip the daily commute. To keep offices running at the same productivity levels, different software companies are helping to bridge the gap between work and home. Companies like Zoom, Microsoft (because they own Skype and are looking to purchase Discord), Slack, and Dropbox all fit into this category.
Certain entertainment stocks have also been discussed heavily in recent weeks as great opportunities. Netflix and other streaming services are picking up in subscriber count and amount of original programming, meaning we likely haven’t seen the top for these services yet. Video game developers like Activision Blizzard Inc, Electronic Arts, and CD Projekt have all been listed as enticing stocks to watch as well. After the recent GameStop stock debacle, market watchers are keeping their eyes peeled for other video game related buys.
Travel stocks have overall taken a hit over the last 18-24 months but there could be some relief coming, suggest major analysts. If this industry starts to rebound, we could be looking at a major trend shift. Airlines, cruise ships, car rentals, and leading hotels/resorts make for very intriguing options right now.
Investing in Startups
This is a truly unique investment option that has enormous potential. While most people have never considered it, investing in startups is not as daunting as it may seem at first and they are essentially everywhere, in just about every industry. Oftentimes, founders of these startups follow expert advice and understand how to structure a business, but just need the funds to make it happen. That’s where investment capital can come into play.
Essentially there are numerous ways to get involved with startups and see returns. Depending on the particular business, you may have the option to buy stock in the company, receive dividends, or even treat your investment like a loan and get interest paid back to you. There are many online platforms that make investing in these easy like Angellist, Seedinvest and more.
Many national currencies around the world are facing a bit of turmoil. Naturally, this is where precious metals really shine. Gold has been holding more or less steady in recent years, and analysts have long held the belief that silver is undervalued. Could these precious metals and others be due for a rally? The potential is there, and this is certainly one trend that would make sense in 2021.
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