Top 10 Assets That Can be Used as Money Alternatives
Crises have proven to always be trying for the fiat currencies of nations. Inflation sets in, and the currency losses its value. Luckily, however, there are other assets and products that can be used as money during these trying times, like CashGold, which is a paper gold item that was developed by Karatbars.
In times of crisis, investors are known to look for that specific asset that will help them preserve their wealth. This is a natural instinct as a rational thinking individual always looks for how to protect his or her money from losing value.
Investing in these assets ensures that investors don’t lose the value of their money, as they have proven to be good alternatives to have during times when the economy of a nation is not doing so well.
This article is going to talk about assets that are the perfect substitution for money during trying times for fiat currencies. Assets that investors can invest in as an alternative and still feel secure that their money is safe.
The best assets during a crisis
Gold is probably the most popular asset that investors turn to whenever the economy of a nation is threatened. After all, it has a history of doing well when the economy isn’t, and this has attracted a lot of supporters. Even the central banks invest in gold to protect the economy.
Because of this, companies like Karatbars International, which is the leader in the market of small gold items, have developed gold products like CashGold.
CashGold is basically paper gold, and it has a similar physical appearance to a regular currency note. However, this small gold item that was developed by Karatbars contains a small amount of 24 karat gold and is available in different denominations.
Exclusive Real Estate
Exclusive real estates are real estates that don’t hit the market very often. More often than not, exclusive real estates are historical buildings that make investors happy as long as they maintain their value.
Typically, these types of buildings do attract a lot of interest when they do hit the market. That being said, there are exclusive real estates that don’t cost as much as the Taj Mahal and are good investment options.
Fine arts are another impressive alternative investment, seeing as investors don’t invest in them because they like them but because they know their value. There are always available buyers of fine art, and they invest in it because they know its value.
Other precious metals
Although gold is a very desirable precious metal that doesn’t go out of style, there are other precious metals that are also worth investing in, even though they are not as popular as gold.
Precious metals like Titanium and Platinum that are used for the construction of many electronics are valued by governments and businesses all over the globe.
Cryptocurrencies are another type of asset that investors can invest during a crisis. Probably the best thing about cryptocurrencies is that they are totally independent of the government.
This means that the government has absolutely no control over it. They are decentralized currencies built with cryptography on top of the blockchain network.
Certificate of deposit (CD)
A certificate of deposit is a type of low-risk investment that is usually offered by banks. CDs involve an investor loaning money to the bank for a set amount of time (typically three months to five years) known as “term length” in order to gain interest on the principal for the set period.
Investors will not have access to their money during this period unless they take a penalty hit, but they can rest assured that their investment is yielding profit.
Bonds are like IOUs that are given out to governments and corporations instead of the banks, and they work similarly to CDs which makes them:
Extremely stable: Investors know exactly how much they will get back if they invest in a bond.
Guaranteed return for a certain time: Investors can choose the number of years they want a bond.
Smaller in their return when compared with aggressive investments like stocks.
This is not a complex investment, and it involves an investor buying a house or apartment building and renting out the rooms to tenants for a normal fee. This investment ensures that an investor gets a monthly rental check.
Peer to peer lending
Peer to peer lending or crowdlending allows investors to act as a bank by lending out to other people through a lending platform and getting paid back with interests.
An investor can decide to create his or her own product, especially essential products that will relieve citizens of their stress and make a handsome profit due to the demand for the product.
These are some of the many alternative assets that investors can invest in during a crisis to ensure that they still make a profit.