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[bell30]

Hello guys.
I have about $12k to invest.
What do you think is the smartest choice for investing?
Crypto, stocks, or something else?
Every opinion will be appreciated.

Thank you.

 

[Ben Kempton]

Hello guys.
I have about $12k to invest.
What do you think is the smartest choice for investing?
Crypto, stocks, or something else?
Every opinion will be appreciated.

Thank you.

Investing money is very risky and if you are planning to invest money, then I would advise you to open a business that you deem to be perfect. Right now, the volatile markets such as stocks, Forex, and cryptocurrencies are down. Investing in such kind of markets could be really risky.

 

[gammarays]

Most investment platforms are not what they portray to be. There available to take your money. Don't invest because if what they offer but invest where your capital is secured. You can try reliable crypto staking platforms though they're volatile.

 

[Flower]

If I have such an of money, I'm going to use it to support my offline business because it is really suffering from financial crisis presently and such an amount of money will revive it. I would advise you invest that money in businesses that you understand it's risk.

 

[Edcosmas]

Hello guys.
I have about $12k to invest.
What do you think is the smartest choice for investing?
Crypto, stocks, or something else?
Every opinion will be appreciated.

Thank you.

Check out some sure investment options available in your country with a good legal backing. Or you could invest in currency. You know that the currency fluctuates against one another. You could try and invest your country currency against USD or Euro.

 

[gammarays]

Check out some sure investment options available in your country with a good legal backing. Or you could invest in currency. You know that the currency fluctuates against one another. You could try and invest your country currency against USD or Euro.

Yes if he's good with price movement, he can exchange his country's Fiat against USD for profit. He should be careful to sell at the right time because it can be volatile as well. Earning little profit over a long time is better.

 

[Edcosmas]

Yes if he's good with price movement, he can exchange his country's Fiat against USD for profit. He should be careful to sell at the right time because it can be volatile as well. Earning little profit over a long time is better.

The price could be low, but over time it will amount to something very much. I wish I could have that amount right now. I will put in eighty percent of the money into currency exchange and try out some forex trading options too

 

[Riberet19]

I think it might be advisable to look for some business idea in which to invest that money, another option may be to look for some type of fixed income such as US government bonds that can be quite safe to put that money there or on the contrary but something more risky It would be betting on some precious metal like gold.

 

[Frenzybliz]

There are a variety of investment options available, and the best option for you will ultimately depend on your risk tolerance, time horizon, and financial goals. One of the most secure ways to invest your money is to put it into a certificate of deposit (CD). CD's offer a safe, low-risk investment opportunity that typically yields higher returns than a savings account. Generally, the longer you invest, the more money you can earn in interest.

 

[Ben Kempton]

I think it might be advisable to look for some business idea in which to invest that money, another option may be to look for some type of fixed income such as US government bonds that can be quite safe to put that money there or on the contrary but something more risky It would be betting on some precious metal like gold.

Well, if I had $12,000, then I would invest that amount of money in Islamic banks. A local Islamic bank in here is offering a profit of 12 percent annually and I think that this is a great deal. I just hope that they increase the amount of the gains they offer as inflation is surging.

 

[rush08]

Investing money is very risky and if you are planning to invest money, then I would advise you to open a business that you deem to be perfect. Right now, the volatile markets such as stocks, Forex, and cryptocurrencies are down. Investing in such kind of markets could be really risky.

I agree with the comment, with $12000 you can make use of such amount to establish a business you have total authority and control over rather than in investment in online business. Though the choice is still yours to make.....

 

[Riberet19]

Well, if I had $12,000, then I would invest that amount of money in Islamic banks. A local Islamic bank in here is offering a profit of 12 percent annually and I think that this is a great deal. I just hope that they increase the amount of the gains they offer as inflation is surging.

I don't know what the amount of inflation your country has but you have to compare the rise in inflation on the interest percentage of the Islamic bank in question, it is hard to believe that a bank is going to offer you more than the prevailing inflation level, but If at least it covers enough percent of this inflation, it's certainly a good investment.

 

[makanaki]

If you are looking for a high-risk/high-reward investment, cryptocurrencies may be an option. However, cryptocurrencies are highly volatile and there is no guarantee of returns. Stocks may be a better option if you are looking for more stability and a steady return on your investment. You can diversify your portfolio by investing in a mix of stocks, bonds, and other investments such as mutual funds, ETFs, and real estate. Ultimately, the most important factor is to understand the risks associated with each type of investment and make sure that you are comfortable with those risks before investing.

 

[Frenzybliz]

If you have $12,000 to invest and are looking for a safe way to do so, there are a few options that you should consider. You could invest in government bonds, which are loans made to the government. These offer a safe, fixed rate of return that is guaranteed by the government, and they tend to be low-risk investments.

 

[Ben Kempton]

I don't know what the amount of inflation your country has but you have to compare the rise in inflation on the interest percentage of the Islamic bank in question, it is hard to believe that a bank is going to offer you more than the prevailing inflation level, but If at least it covers enough percent of this inflation, it's certainly a good investment.

Islamic banks do not offer interest. They offer halal profits to investors. Both Muslims and Non-Muslims invest in the Islamic financing and banking system. They conduct real business and use the Musharakah and Takaful instead of traditional insurance systems.

 

[Frenzybliz]

There are many options available, and the best option for you will depend on your financial goals, risk tolerance, and timeline for needing the money. One option is to invest in a certificate of deposit (CD). With a CD, you can get higher returns than with a savings account, with minimal risk. CDs typically have fixed terms and interest rates, and your investment is guaranteed.

 

[Riberet19]

Islamic banks do not offer interest. They offer halal profits to investors. Both Muslims and Non-Muslims invest in the Islamic financing and banking system. They conduct real business and use the Musharakah and Takaful instead of traditional insurance systems.

I didn't really understand much of what you said as I don't understand much about Muslim culture and I think Muslim banks have their own rules, but it seems very interesting and innovative from my point of view that they don't follow the patterns of traditional western banks.

 

[Frenzybliz]

Investing $12,000 safely is an important decision, and one that requires careful consideration. Your best option for where to invest $12,000 safely depends on your individual situation and goals. One of the safest ways to invest is to put your money in a bank account. A savings account offers low risk and a guaranteed return of your principal investment. While the return on investment will be small, your money will remain secure.

 

[IB DD]

It depends on your risk tolerance and investment goals. Crypto can be highly volatile, but also has the potential for high returns. Stocks may be less volatile, but also have the potential for high returns.

Consider consulting a financial advisor and diversifying your investments.

 

[gammarays]

The price could be low, but over time it will amount to something very much. I wish I could have that amount right now. I will put in eighty percent of the money into currency exchange and try out some forex trading options too

Yes there are times currencies fluctuates against the USD. It can go up and down. It's left to know when to buy and when to sell. Forex trading is good since you get to trade currencies online at your own convenience.