5 ideas for investing your inheritance

NEW YORK – April 26, 2022 – (Newswire.com)

Deciding what to do with an inheritance can be difficult. While it is almost always advisable to allocate some of that money to one or more strategic investments, different people will need to take different approaches depending on their individual goals and risk appetite. However, with increased access to information and smart alternative investment platforms like Yieldstreet, finding the right decision based on your needs is easier than ever.

To help you get started, here are 5 ideas for investing your inheritance:

Real estate – Real estate investing has remained popular among successful investors for decades. Beyond the historically positive returns, the wide variety of strategies available makes it an attractive choice for investors of all risk abilities and experience levels. Whether you want to do the hard work of real estate development or house flipping, or generate income passively by investing in rental properties with a platform like Arrived Homes, real estate could be the perfect place to start growing. your legacy.

Peer-to-peer (P2P) lending – P2P lending is an increasingly celebrated and widespread investment strategy today. People looking for a personal loan or line of credit can now borrow directly from investors through a growing number of online platforms such as Upstart, eliminating the need to engage with financial institutions. traditional. On most platforms, it’s as simple as creating an account, funding your loan of choice, and earning passive income in the form of scheduled monthly payments.

Shares – While the stock market can be subject to periods of volatility, a diversified portfolio containing stocks from several successful companies will often perform well as a long-term investment vehicle. Additionally, many technical barriers to entry have been removed thanks to platforms such as Robinhood or WeBull, which make it easy for investors of all experience levels to create an account and get started in minutes.

Retirement plans – Because many have already started saving for retirement, it’s not uncommon for portions of an inheritance to be immediately invested in an existing plan. Retirement accounts such as 401(k) are designed to incentivize increased contributions. Therefore, allocating part of your inheritance will only rely on the benefits you already receive, such as a reduced tax burden or the trust you can cover. the health costs that can accompany aging.

Alternative assets – Until recently, unaccredited investors were locked out of private markets, while those with exclusive access quietly earned exorbitant returns. Fortunately, all of that is changing, and platforms like Yieldstreet allow anyone to invest like the top 1%, whether in assets like fine art, real estate, or commercial finance, and while relying on the strategies of a team of experienced professionals. Additionally, Yieldstreet’s offerings feature a wide range of minimum capital requirements, allowing investors to earn on an instantly diversified portfolio for as low as $500.

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5 ideas for investing your inheritance

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