Modern Investment Opportunities for the Digital Generation

Modern Investment

Investing isn’t just something for older people who have already got a lot of money in the bank. People of all ages can try to invest as long as they have a safety net to protect them. Like anything else, the advance of technology is affecting the investment world, and many people are interested in the new asset types and investment models emerging. One of the trends that have emerged in recent years is the use of robo advisors to provide automated investment advice and management. Additionally, there are multiple types of investment available for people to explore.

Cryptocurrencies

Cryptocurrencies are, by now, not exactly a new thing. However, they are still something that many people can struggle to understand. They are essentially digital currencies that can be used anywhere in the world instead of physical currencies, which are typically attached to one or more countries. Bitcoin is the most well-known cryptocurrency, but there are multiple other options for people interested in cryptocurrency. These include Ethereum, Tether, Cardano, and Binance Coin. Cryptocurrencies use blockchain technology to create secure records of transactions that are also private. Some countries are even starting to recognize Bitcoin and other digital currencies as legal tender.

In addition to simply buying cryptocurrencies as an investment, there are also various other ways to invest in crypto. There are many interesting ways to invest in digital currencies, such as gold-backed cryptocurrency, which offers a hybrid cryptocurrency that is backed by physical gold. Cryptocurrencies can be used to invest in established investment types, from real estate to ETFs. The various cryptocurrency options on offer give a broad range of investment choices for those who may wish to look beyond traditional investment options. Of course, it’s always important to assess the level of risk involved in investing in cryptocurrencies too.

NFTs

Perhaps for some, investing in cryptocurrencies is starting to get a little old hat. Fortunately, there are other ways to make use of blockchain technology to find new ways to make investments. One of the investment options that people are starting to explore is NFTs or non-fungible tokens. An NFT is a token that essentially represents ownership of an asset. That asset can be physical or digital, but it is most likely to be a digital asset – at least, for now. NFTs are being used by all kinds of people but were first used by digital artists to sell ownership of their work. For example, an NFT might convey ownership of a GIF. Although the GIF itself could be copied and shared, the owner of the NFT has ownership, similar to having the original print or copy of a painting or book.

NFTs are used by artists, writers, musicians, and more. When an NFT is purchased, it could give the buyer anything from a digital copy of a book or album to tickets to a concert. A record is created on the blockchain when the NFT is sold or when it’s resold to someone else. NFTs are still in their early stages, but they have already proven to be popular with some big names in music, the arts, and beyond.

Performing Rights Royalties

NFTs aren’t the only option for people who want to invest in music. Another possibility is investing in music royalties, which is possible through Royalty Exchange. This site is an online auction platform and marketplace where owners of royalties and investors can buy and sell. Creators get funding for their projects, while investors can build a portfolio of royalties that help them to earn money. Royalty Exchange says that investors earn an average of at 10% yield or more. It’s another way for investors to put their money into digital assets that can earn them an income.

The platform has also added the option for artists to use NFTs to make money from their music. They encourage musicians to put their work in front of “newly-minted crypto millionaires” who want to spend their money on assets such as NFTs and the music they can represent. Investors can use the cryptocurrency by investing in music that could increase in value and turn cryptocurrency that isn’t doing anything into real assets.

Crowdfunding and Crowdinvesting

Crowdfunding and crowd investing offer another way for investors to put their money into something a little more modern. These investment and funding models have been around for a while now, but they still offer an interesting option for investors who are exploring their options. While crowdfunding is sometimes used for charitable purposes when people want to collect donations, it can also be an option that benefits both the fundraiser and the investor. Investors may receive various things in return for their investment, including shares in the company and other ways to recoup their investment, and more.

Peer-to-Peer Loans

Peer-to-peer loans involve lending money to others, which the investor then gets back with interest. It offers an alternative way for people to borrow money without going to banks or other big lenders. An investor can contribute all of the money that someone is looking for or perhaps part of it, and then should make a return on their investment when it’s paid back. Of course, there is a risk, just like there is with all types of investment. The borrower may not pay back what they have borrowed, and collecting it could prove to be difficult.

Collectibles

The idea of investing in collectible items is definitely not new, but it’s always beneficial to keep up with the latest trends in collectibles. What do people feel is going to be the next big thing? What has a proven record of increasing in value, and what could be worth gambling on to see if it increases in value and desirability in the future? Some of the most collectible items today include things like sneakers. And perhaps digital assets such as NFTs could become collectible too.

These modern investment opportunities allow investors to explore a range of options and create a diverse portfolio.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.