Investing in these areas requires basic knowledge. If you don't know how these sectors operate you might end up losing your money. Cryptocurrency has a bigger risk especially when you are dealing with altcoins. Investing in Bitcoin is safer than trading or holding altcoins. Altcoins can easily be manipulated because most of them have a low market cap. Stock exchange and real estate also have some degree of risk.

Investing in a reputable retirement firm is not a bad idea because one day we might not be strong to work full-time. So there is a need to set aside a part of our income no matter how small and invest them in these funds.

Keeping gold and other precious stones is a good investment option because the price is stable and hardly depreciates. It will be a good hedge against inflation. But one challenge is your ability to keep them safe. And keeping it in banks would attract some service charges.

Saving money in banks is a waste of time. The interest from these savings accounts cannot be compared with the rate of inflation in some nations. The money kept in the bank will gradually lose value and become worthless.

Quality education can lead to new skills and higher qualifications. New skills could give a high-paying job or another source of income. Qualifications and certifications can also bring better employment opportunities.

Investment doesn't yield immediate returns because it needs time to grow and mature. If you way instant profit then you will soon be scammed by some get-rich-quick schemes. Every investor needs to be patient to avoid panic sales and FUD.