With recent events happening, it is nice to have some comfort in your finances. All of the doom and gloom with the pandemic can cause a lot of people to panic in these times when it comes to money. Being more prepared for the new year will be a breath of fresh air for those trying to get a head start. There may be other reasons why you should invest. Many of which come in a variety of different forms, suitable for people from all kinds of backgrounds. Here are just a few ways you can invest your money into and gain more benefits for the coming year: 

High-Yield Savings Accounts

These are similar to a regular savings account. Only this time, they are much more accessible for your money to be taken out of. You can also earn much more money this way, with fewer overhead costs than what you can earn in an online bank. The money can be accessed a lot faster by quickly transferring the amount to your main bank or even from a local ATM. Liquidity is for definite takings. However, there can be limits to how much you can withdraw. If inflation happens, there can be fewer chances of reinvestment, but you won’t have to worry about losing your deposit. 

Certificates of Deposit

A certificate of deposit, also known more commonly as CD, can be handed to you by your bank, and you can expect higher interest rates than from your regular savings account.  The date these can reach their full profit can be from just a few weeks to a few years. You won’t be able to retrieve the money at any time, however. This can only be gained from the end of the set time. Doing so otherwise can result in a penalty. This is a way to keep money safe until it has reached its maximum potential. 

Government Bond Funds

A government-sponsored form of investment is known as a mutual fund. They invest in the debt securities run by the U.S. government and other subsidiaries. The tools they use to implement these investments are known as T-bills, T-notes, T-bonds, and mortgage-backed securities. The types of enterprises that can authorize these investments are brands like Fannie Mae or Freddie Mac. Because they are protected by the government, you can be sure that this can be the safest form of investment you will find. The liquidity itself is high but can vary depending on the interest rate. 

Short-Term Corporate Bond Funds

It is possible to invest in corporations. They can help you raise money by issuing a bond fund, raising your investment from a variety of time limits. Short-term bonds can hold onto your money from one to five years. Compared to a long-term bond, this makes them less susceptible to any outside environment changes. It can have risks in itself. Make sure the bond with this company is of high quality to reduce these risks. 

S&P 500 Index Funds

This can be a nice alternative compared to more traditional investment methods. It can also help you gain more money, too if used correctly. But this means it does come with more risks. This method allows you to invest in all companies that are a part of the index. Amazon and Berkshire Hathaway are among them in this index. You can purchase these investments for very low amounts as well. It can be perfect for beginner investors who wish to know more about the broader range of the stock market. 

Rental Housing

If you have the urge to manage your own properties, then rental housing can be perfect for investing in. Since mortgages have been hitting low rates recently, it can be the best time to start purchasing new properties and start earning back. However, the unstable economy can make it harder to operate these properties. Unemployment of the tenants can lead to unsuccessful routes. Doing so will technically make you a landlord or landlady. This means that you will have to manage the properties, deal with the client’s needs, and maintain the housing quality. This is also known as the least liquid method, as it can be hard to regain your money back in physical amounts. 

With many investment methods, you have plenty of options to get stuck into. However, it is important that you understand the risks with all of them. Investing will always come with a chance of losing money, but you can find comfort in the ones with the least risks involved. For those that want to make more money quickly, be prepared for higher stakes. If you prefer risking, you rather visit the casino and play free slots Cleopatra; however, it is better to be prudent when it comes to investing.