10 Ways to Invest Money in 2023

10 Ways to Invest Money in 2023

It's quarter way into 2023, and with the depressing price hikes, major banks liquidating, and the United States Treasury announcing a potential default in national debt, it is natural if you're looking to invest your money into businesses that cut your risk down to the toes while handing you reasonable profit margins. Below are the 10 best ways to invest money this year if you're big on building both short and long-term wealth.

Stock Market

best ways to invest money
Image Credit: Shutterstock.

If a market has been around for centuries, it must be because it's got excellent profit potential, right? So the secret to winning in the stock market is to play the long-term game.

You can do this by holding a diversified portfolio of stocks or other securities instead of frequently buying and selling (trading), which exposes your investment to high risk.

Real Estate

Real estate agent.
Image Credit: Shutterstock.

Old as the sea, real estate is deemed the #1 investment option for experienced investors. You may invest in rental properties or flip houses for profit, depending on the size of your capital.

Housing remains a significant problem in North America and Europe. Real estate can be your lucrative path to passive income generation and long-term wealth growth.


Man with bitcoins
Image Credit: Shutterstock.

While it can be a volatile investment, some crypto assets have been seen with exponential value growth. As you would for any investment, you should conduct thorough project research before investing a dollar in the crypto market.

There are no guarantees, but if there's somewhere a few droplets can make an ocean, then this is it.

Peer-to-Peer Lending

Peer to peer lending
Image Credit: Shutterstock.

The banks offer little interest on your fixed deposit; peer-to-peer lending can offer much more when you give loans to individuals or small businesses.

Vetting the loanee (through a credit score rating, for instance) and creating a binding legal framework before you doll out a penny is a way of minimizing the associated risk of this high-raking investment.


Woman hanging art on wall
Image Credit: Shutterstock.

Investing in the right pieces can yield significantly high returns. In addition, investing in art is a creative way to diversify your portfolio, primarily when focused on amassing wealth through long-term seeding.

Angel Investing

Angel investor concept with businessman with wings
Image Credit: Shutterstock.

It's a world of brilliant minds, and if you've got the foresight to see small things that'll grow into bigfoot down the years, being an angel investor can be your train ride to the billion-dollar dream. It's risky, but you should take it if the business offerings and plans show realistic potential for exploits.

Mutual Funds

Mutual Funds
Image Credit: Shutterstock.

Your purse gets emptied faster if you'd instead do it alone, but joining a money pool of other investors to invest in diverse asset increases your potential of ending in profit. You'll diversify your portfolio so if one investment fails, others will be profitable.


Man investing in bonds
Image Credit: Shutterstock.

If you're big on passive income with predictable returns, bonds are your open arms to a fixed rate of return over a specific period. You've got no business with shape-shifting market volatility when you choose bonds as your investment option since you know the end from the beginning.

Farm Lands

Man investing in farm land
Image Credit: Shutterstock.

With a cheap bargain, you can buy farmland, put it on for rent or sell it off in the long term. It's a proven passive income money pot as it can provide stable returns even decades after purchase.


Woman with gold coins
Image Credit: Shutterstock.

Gold has a rich investment history as it has been used to store value through the ages by individuals, businesses, and even governments. It kick-started the grading of the dollar as the ultimate global currency.

If you're looking for an investment that provides a hedge against volatility and inflation, please turn to gold.

This thread inspired this post.