Or what is the safest investment option for me? If yes, you have come to the right place. Over the past 3-4 years, many have faced trials and tribulations both financially and in their personal lives. For example, you might have lost your job, closed your business, or even incurred high medical bills due to covid. To counter this, you might have turned hobbies into a small business venture or even sought advice from financial experts. Regardless of what you might have heard, the easiest solution is to set up a budget and learn different ways to save enough money to live a comfortable future. The best way to approach this is to understand the easiest investment options available. Here are four simple investment options that you can use to protect your money.

Invest in Real Estate Properties

Investing in commercial or residential property is one of the most popular investment options. With this investment, you have two main options. The first involves flipping houses, where you buy an underpriced property that requires some renovations. The renovations can be anything from replacing the roof to painting the rooms. This investment requires a bit of capital to start. However, once renovations are complete, you can resell the house for a higher market price. This will allow you to make a substantial profit. Flipping houses takes quite a bit of time, money, and energy. As such, it is best to have a business partner when you are starting. 

The second option involves rental investments. Rental investments are best suited if you are just starting in rental estate investments. Ideally, you will need to buy a house and rent it out to potential tenants. In this case, you can either rent the house to one person or a family. On the other hand, you can rent out each room in the house to different people. For example, a three-bedroom house can have three tenants. In this way, you might be able to generate a constant source of money. With this type of investment, keep in mind that you will be responsible for maintaining a house and managing the concerns and queries of your tenants.

Create a Savings Account

This investment involves creating a high-yield online savings account with a bank of your choice. Generally, these are normal savings accounts that have a high-interest rate. A classic example is a savings account with Valley Direct, which has a 4% annual percentage yield.

Essentially, these savings accounts will pay you interest based on the outstanding cash balance in your bank account. A high-yield savings account investment is suitable if you need money on short notice or prefer a safe, low-risk investment. Generally, people have savings and checking accounts at the same bank. This will allow you to easily transfer money between these two accounts. In most cases, these savings accounts will pay you 20-25 times the national average of a standard savings account. Usually, savings accounts are a safe investment method. However, you should keep a few things in mind, such as interest rate, initial deposit, bank fees, and the minimum balance you need.

Certificates of Deposit (CD)

This investment is quite similar to a savings account. A certificate of deposit is a type of savings product that allows you to earn interest on a lump sum for a certain period. However, you are unable to use this money until the end of the term. If you do use any money from the lump sum, there is a risk of a penalty fee or losing interest. With CDs, the interest rate is fixed and decided upon before you create the account or product. Due to the fixed interest rate, there is no risk of your CDs being reduced or unstable during the term.


A recent trend in that investment market involves investing in cryptocurrency. Cryptocurrency is a digital or virtual currency secured by cryptography and blockchain. Although there isn't a regulating authority for cryptocurrency, a system will record your transactions.

There are three main ways to invest in cryptocurrency:

  1. Buy cryptocurrency and store different types of cryptocurrency, such as bitcoin and Ethereum.
  2. Invest in cryptocurrency companies
  3. Invest in cryptocurrency-focused funds

Overall, cryptocurrency is a good investment strategy to make. However, the cryptocurrency market is quite erratic. As such, it should only be used if you are financially secure.

Four Investment Options to Protect Your Money

With fluctuations and economic changes, saving money or learning a few easy ways to invest is best. In today's world, several types of investment options are available to you. This article highlights four of the easiest investment options that you can use to protect your money.