If you have been reading the news, you would have come across a rather interesting article. A celebrated billionaire has lost a sizable fortune owing to the Coronavirus pandemic.
This is interesting, because the man in question, Warren Buffett, also known as the ‘Oracle of Omaha’ is believed to be one of the wisest investors of all time. This begs the question, if people like Warren Buffett and Berkshire Hathaway are losing billions, what can normal people as you and I do.
In other words, are there any stocks or financial assets, which are good best even in the low investor confidence atmosphere of the COVID 10?
In this article, we will look at some investment options, which seem to have evaded the crisis. They have also stayed to the promise of being reliable, resilient and socially responsible entities.
1. Invest in Ecommerce Stocks-
Even before the Coronavirus pandemic brought the world to screeching halt, Ecommerce was still one of the best stocks that you could grab. Post the Coronavirus world, companies like Amazon, Walmart and others have established themselves as their name suggests ‘essential services’.
This means that these platforms, will be up and running, no matter what the crisis or the emergency at hand. Jeff Bezos is probably one of the very few people in the world who has added billions to his valuation.
Ecommerce is also expected to be passed very easily by governmental regulations in case of an emergency. If you are looking at a strong investment opportunity during the lockdown, you should definitely look up some of the major ecommerce companies in the world.
2. Invest in Cryptocurrencies like Bitcoin as a stable Financial Asset-
At a time when almost all major currencies, stocks and assets are nosediving, Bitcoin is having one of its best Bull runs. The Bitcoin halving stated for May 12 is expected to skyrocket the valuation of the cryptocurrency.
At its foundation, Bitcoin is decentralized. It means that it is not under the control or jurisdiction of any major government or institution. It also means that Bitcoin was, is and will always be free from external influences like recession and inflation.
As you are reading this article, Bitcoin is trading above $8500. This is going to cross the $10K mark easily, as investors pump in more money in order to buy Bitcoins. The upward trend is not going to slow down any time this year. If you want to trade in Bitcoins and earn handsome profits, you can log on to cfds trader login.
3. Companies working in Blockchain Technology-
Even if some countries are sceptical of cryptocurrencies, almost all of them want to invest, study and adopt Blockchain technology. Some of the biggest players in the market like American Express, MetLife, Reliance Industries and others are heavily investing in Blockchain technology.
Blockchain is the foundation on which the Bitcoin payments and transactions systems sit. It is a means of moving large amounts of currency on a peer-to-peer network within split seconds. It has been in existence for a little more than a decade and has not yet been breached, even one. Meaning- it is ‘un-hackable’.
If you are a smart investor, you will recognize Blockchain as a technology of the future. It is wise to pick up stocks of small startups and companies working on Blockchain technology. As they grow, you will see your investments grow as well.
Traditional stocks and shares of run of the mill companies are not going to cut it anymore. The need of the hour is to branch out and diversify your investment portfolio. It is only then will you be able to reap the real rewards of opportunity.