Key Industries For New Investors In 2019

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Are you looking to enter the world of investing? Investing can be a brilliant and exciting way to make money, but it can also be daunting and confusing with so much to understand. For new investors, you will always want to put your money in emerging sectors so that you should see fast returns which will help you to get a taste for investing and get to grips with the basics. In 2019 there are many superb industries to consider which are predicted to grow over the coming years and could see significant returns if you can get in fast enough. Here are the main sectors to consider for the year ahead.

Renewable Energy

Renewable energy will play an enormous role in modern day life in the near future with many organizations and individuals currently making the switch in a bid to slow down damage to the environment. Climate change and environmental damage are constantly in the news with scientists urging people to change their daily habits and switch to renewable energy. Additionally, new regulations will also force specific industries to make the change, so now is a great time to invest in renewable energy and a worthwhile place to invest your money.

Healthcare

Healthcare is always a smart place to invest money because it is an industry that is, and always will be, heavily in-demand. This is particularly true with people living much longer lives than before and the advances in technology and medicine helping people to overcome all kinds of health-related issues. Investing in this sector can also be rewarding because you know that your money is going to a good cause and will be helping to save lives.

FinTech

FinTech has been somewhat of a buzzword in the last few years and one which may raise some eyebrows after the cryptocurrency craze. The truth is that this is an incredibly fast-growing sector which continues to shake up the massive financial industry which will only continue as the technology improves and people start to embrace it in their daily lives. There are many areas to consider here, including mobile banking, blockchain, payments, InsureTech, and regtech.

Cybersecurity

Cybercrime is an enormous global issue that has been one of the consequences of the rise of technology and the internet. There are always all kinds of new threats being developed by cyber criminals which are used to tackle large corporations and governments all the way down to small businesses and individuals. Cybersecurity is essential in today’s day and age with advances continually being made to keep up with these new threats and to protect people and organizations digitally. Therefore, this is an excellent area to invest because it will continue to grow and it is a sector which is doing important work.

Real Estate

Real estate investment remains a good option even though property prices continue to rise. People will always need places to live as changes in their life occur, and the rental market is a particularly good option. Real estate can also be a rewarding area to invest if you like the idea of being more hands-on as you can make improvements, find tenants and generally be more active in your investment.

Cannabis

With Canada and more and more U.S states legalizing cannabis and the likelihood of other countries following suit in the near future, the cannabis industry is expected to grow exponentially over the next few years. This is particularly true when you look at ways in which cannabis and cannabis-based medicines can be used to help people manage various health conditions, including anxiety, muscle pain, chronic pain, PTSD, epilepsy and multiple sclerosis just to name a few. Medical marijuana stocks could, therefore, be a smart investment to make right now and certainly an industry which will be interesting to watch over the coming years.

Artificial Intelligence (AI)

AI technology has been in development for many years, but it has made gigantic strides in recent times and is now starting to appear in many aspects of daily life. AI can be used in many different industries which will make the technology incredibly in-demand shortly, so it is no surprise that so many investors are pumping money into this sector. This technology will revolutionize areas such as healthcare, financial services, transportation, defense, education, security, e-commerce, and many different industries.

E-commerce

E-commerce continues to grow steadily, and this is predicted to continue over the coming years as more and more consumers turn to the internet to carry out practically all of their shopping. There are a few gigantic names that dominate the industry but there are many other areas to consider, and the key is to find e-commerce businesses that are selling trending products and investing your money here.

The Internet of Things

It has been a golden generation for technology over the last few years with all kinds of surprising developments being made which have transformed many areas of daily life. While this has improved many areas of life, it can also be complicated when you are using different devices throughout the day. The Internet of Things is used to connect these various devices so that they can communicate with one another for an easier and more streamlined performance. Smart homes and connected appliances are quickly becoming a reality so now is the perfect time to look into investing in The Internet of Things as an industry and it is one which will continue to grow for the foreseeable future.

Those that are new to investing will want to find opportunities which are safe and allow them to see returns. In 2019 and beyond, the above are all smart investment opportunities for new investors because they are predicted to grow and will all play a big part in modern day life. These investments should be safe and will allow you to get to grips with the process and hopefully make good money along the way. Once you have gotten to grips with investing, you can then find niche areas and determine your risk tolerance.

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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