{"id":18193,"date":"2024-10-13T03:02:00","date_gmt":"2024-10-13T03:02:00","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=18193"},"modified":"2026-04-30T05:14:46","modified_gmt":"2026-04-30T05:14:46","slug":"best-places-to-invest-money-right-now","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/best-places-to-invest-money-right-now\/","title":{"rendered":"Best Places to Invest Money Right Now [Best Way to Invest With $1k, 2k, 50k + More in 2026]"},"content":{"rendered":"\n

With interest rates higher than they\u2019ve been since the 80s, a recession looming, and the country staring down the barrel of an election year, everyone could use a little help figuring out where to invest their money right now. Possibly including you.<\/p>\n\n\n\n

If you\u2019re looking for the best places to invest money right now, you\u2019ve come to the right place. I\u2019ve put together this list of my favorite ideas for investing money in the current economic climate \u2014 let\u2019s get to it! <\/p>\n\n\n\n

What\u2019s the Best Way to Invest Money Right Now? The Bottom Line <\/strong><\/h2>\n\n\n\n

The bottom line is that the best places to invest money right now add up to a diversified portfolio of loosely correlated assets. I don\u2019t just mean stocks. Putting your money in a variety of places is essential in uncertain economic environments so that you don\u2019t lose large sums of money when one asset is down.<\/p>\n\n\n\n

11 Best Places to Invest Money Right Now <\/strong><\/h2>\n\n\n\n

The table below provides a quick birds-eye view of the assets I cover in the following sections.<\/p>\n\n\n\n

Asset<\/div><\/th>
Why we like it as an investment<\/div><\/th>
Preferred platform<\/div><\/th><\/tr><\/thead>
Fine art <\/div><\/td>
Lots of potential upside<\/div><\/td>
Masterworks<\/a><\/div><\/td><\/tr>
Stock market <\/div><\/td>
Stable growth<\/div><\/td>
eToro<\/a><\/div><\/td><\/tr>
Automated investing <\/div><\/td>
Less work rebalancing<\/div><\/td>
M1 Finance<\/a><\/div><\/td><\/tr>
High-yield savings <\/div><\/td>
Virtually no risk<\/div><\/td>
Empower<\/a><\/div><\/td><\/tr>
Bonds<\/div><\/td>
Generates income<\/div><\/td>
Interactive Brokers<\/a><\/div><\/td><\/tr>
Index funds<\/div><\/td>
Automatically diversified<\/div><\/td>
eToro<\/a>*<\/div><\/td><\/tr>
Collectibles<\/div><\/td>
Completely uncorrelated to other assets<\/div><\/td>
Public<\/a><\/div><\/td><\/tr>
Real estate<\/div><\/td>
Inflation hedge<\/div><\/td>
Yieldstreet<\/a><\/div><\/td><\/tr>
Private credit <\/div><\/td>
High-yield fixed-income<\/div><\/td>
Percent<\/a><\/div><\/td><\/tr>
Private companies<\/div><\/td>
Potentially high returns<\/div><\/td>
Hiive<\/a><\/div><\/td><\/tr>
Gold<\/div><\/td>
Loosely correlated to stocks<\/div><\/td>
Birch Gold Group<\/a><\/div><\/td><\/tr>
Crypto<\/div><\/td>
Inflation hedge with a lot of upside<\/div><\/td>
eToro<\/a>*<\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n
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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.\r\n\t\r\n\t

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.\r\n\t\r\n\t

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.\r\n\r\n\t

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.\r\n\r\n\t

Crypto investments are risky and may not suit retail investors; you could lose\r\nyour entire investment. Understand the risks here https:\/\/etoro.tw\/3PI44nZ<\/a>\r\n\r\n\t

Don\u2019t invest unless you\u2019re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more<\/a>\r\n\r\n\t

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.<\/p>\r\n<\/div><\/div>\n\n\n

1. Fine Art – Best For Adding Upside <\/strong><\/h2>\n\n\n\n

Let\u2019s start with something fun. Investing in fine art isn\u2019t just for people with monocles. In fact, it\u2019s a strong candidate for the best way to invest right now for anyone who wants to add potential upside with little correlation to the stock market to their portfolio.<\/p>\n\n\n\n

Masterworks<\/a> is an online platform that lets anyone invest in fine art \u2014 no need to be an accredited investor.<\/p>\n\n\n\n

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Here\u2019s how it works: You buy shares of fine art pieces. From there, you can either hold and potentially collect a portion of the proceeds when the piece sells, or sell your shares on a secondary market. <\/p>\n\n\n\n

Masterworks<\/a>\u2019 impressive $1 billion collection includes works by the likes of Picasso, Basquiat, and Warhol \u2014 and in the past few years, its investors have realized annualized net returns of 17.8%, 21.5%, 35%, and more from these opportunities.<\/p>\n\n\n\n

Plus, as you can see in the below image, art has proven to perform well during periods of high inflation: <\/p>\n\n\n

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Check out Masterworks<\/a><\/div>\n<\/div>\n\n\n\n

2. The Stock Market – Best for Long-term Growth <\/strong><\/h2>\n\n\n\n

Ah, the stock market. Stocks are one of the best asset classes for growth, historically speaking. Stocks have consistently high risk-adjusted returns and are the core component of almost all growth-oriented portfolios.<\/p>\n\n\n

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Of course, investing in stocks when inflation is running wild is a bit risky, but a well-diversified basket of stocks \u2014 or just a boring old index fund that tracks the market as a whole \u2014 is always worth a sizable fraction of your investment money. The stock market is my pick for the best way to invest with $50,000 right now if you\u2019re in it for the long haul.<\/p>\n\n\n\n

If you need a brokerage, I can\u2019t recommend eToro<\/a> highly enough. It has all the tools you need to make smart investments and manage your money from the convenience of your mobile phone.<\/p>\n\n\n\n

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Check out eToro <\/a><\/div>\n<\/div>\n\n\n\n

<\/p>\n\n\n

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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.\r\n\t\r\n\t

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.\r\n\t\r\n\t

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.\r\n\r\n\t

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.\r\n\r\n\t

Crypto investments are risky and may not suit retail investors; you could lose\r\nyour entire investment. Understand the risks here https:\/\/etoro.tw\/3PI44nZ<\/a>\r\n\r\n\t

Don\u2019t invest unless you\u2019re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more<\/a>\r\n\r\n\t

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.<\/p>\r\n<\/div><\/div>\n\n\n

3. Automated Investing – Best for Hands-Off Investing <\/strong><\/h2>\n\n\n\n

If you like the sound of investing in stocks but don\u2019t want to be bothered managing your investments yourself, you should consider automated investing. M1 Finance<\/a> has my favorite automated investing tools for automatic rebalancing and dollar cost averaging, which, let\u2019s be honest, covers almost everything retail investors need.<\/p>\n\n\n

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Automated investing is just a better way to invest in stocks, so it\u2019s the best way to invest $50,000 right now if you want to invest in the stock market with the extra peace of mind that your portfolio will rebalance itself.<\/p>\n\n\n\n

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Check out M1 Finance <\/a><\/div>\n<\/div>\n\n\n\n

4. High-Yield Savings – Best for Risk-free Returns <\/strong><\/h2>\n\n\n\n

High-yield savings accounts (HYSAs) are great in high-interest rate environments. They provide relatively high returns \u2014 typically around 4\u20135% \u2014 for virtually no risk since they\u2019re FDIC-insured up to $250,000. <\/p>\n\n\n\n

If you compare 4-5% returns to the average savings account, which gives you back an average of 0.42%, it\u2019s a no-brainer. <\/p>\n\n\n\n

Empower<\/a> has one of the best HYSAs available right now, and I encourage you to check it out if you\u2019re looking for a safe place to park some money for a while.<\/p>\n\n\n

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If you\u2019re saving money for a downpayment or just looking to preserve your cash while you figure out what to do with it, a HYSA from Empower is the perfect place to put it.<\/p>\n\n\n\n

Plus, Empower has a ton of other FREE tools on its impressive dashboard, ranging from a budgeting tool to an investment checkup tool to retirement planning tools. <\/p>\n\n\n\n

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Check out Empower<\/a><\/div>\n<\/div>\n\n\n\n

5. Bonds – Best for Generating Income<\/strong><\/h2>\n\n\n\n

There\u2019s a reason why bonds are a staple of fixed-income portfolios. Bonds generate steady income, which is what you need when you\u2019re done chasing gains in the stock market and are ready for some stability. With interest rates as high as they are, bonds are one of the best investments for 2023<\/a>. <\/p>\n\n\n\n

Bonds come in two broad categories: government bonds and corporate bonds.<\/p>\n\n\n\n

Government<\/strong><\/h4>\n\n\n\n

Government bonds are a hot investment right now since basically, all terms have excellent rates at the moment. They\u2019re also among the safer investments since the only way you don\u2019t get paid is if the U.S. government can\u2019t pay its debts, and if that happens, you probably have bigger problems to deal with. U.S. Treasury bonds are my pick for the best way to invest $2,000 right now for people looking for a safe investment.<\/p>\n\n\n\n

Corporate <\/strong><\/h4>\n\n\n\n

Corporate bonds are similar to government bonds, but instead of buying the government\u2019s debt, you\u2019re buying a company\u2019s debt. Corporate bonds are riskier than government bonds <\/p>\n\n\n

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Interactive Brokers is one of the best online brokers for buying and selling bonds. Its Bond Marketplace gives you access to more than one million different bonds from around the world, all of which are easily searchable using the built-in Bond Search tool. I highly recommend it, especially if you\u2019re new to bonds.<\/p>\n\n\n\n

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Check out Interactive Brokers <\/a><\/div>\n<\/div>\n\n\n\n

6. Index Funds – Best for Dollar-Cost Averaging <\/strong><\/h2>\n\n\n\n

Index funds are designed to make investing easier. They work by automatically tracking the major indexes, like the S&P 500, the Nasdaq, and the Dow Jones Industrial Average. That means that they\u2019re automatically diversified, so there\u2019s no rebalancing required on your end, as the companies that make up the index gain and lose value.<\/p>\n\n\n\n

Index funds are becoming more popular every year, and they\u2019re the best way to invest $50,000 right now, in my opinion.<\/p>\n\n\n

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I should mention that mutual funds are not the same thing as index funds.<\/p>\n

Mutual funds are private funds designed by investment teams at banks and other financial institutions, while index funds only track indexes. Mutual funds also have more fees and higher expense ratios since you\u2019re essentially paying for active management when you purchase a mutual fund.<\/p>\n<\/div>\n <\/div>\n\n\n\n

My brokerage of choice for index funds is eToro, which has access to all the index funds you could possibly want.<\/p>\n\n\n\n

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Check out eToro <\/a><\/div>\n<\/div>\n\n\n
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eToro securities trading is offered by eToro USA Securities, Inc. (\u201cthe BD\u201d), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (\u201cthe MSB\u201d) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https:\/\/www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and\/or the BD.<\/p>\r\n<\/div><\/div>\n\n\n

7. Collectibles – Best for Speculators<\/strong><\/h2>\n\n\n\n

Ok, now that I covered a bunch of serious investments, it\u2019s time for another fun one. Who doesn\u2019t love collectibles? Lots of people have old toys, comic books, coins, and other relics from their past lying around, but not many people realize that some collectibles make for excellent investments. Even fewer people realize that you can invest in collectibles even if you don\u2019t have any physical items through the online platform, Public<\/a>.<\/p>\n\n\n

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Public lets you invest in shares of collectibles. It\u2019s a great way to expose your portfolio to potentially big gains, although it is a bit riskier than more traditional investments. I don\u2019t recommend putting all of your cash into collectibles, but it\u2019s the best way to invest $1,000 right now for people who want to spice up their otherwise boring portfolio.<\/p>\n\n\n\n

(Note: There\u2019s more to Public<\/a> than just collectibles. You can also invest in stocks, crypto, and treasuries.)
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Check out Public <\/a><\/div>\n<\/div>\n\n\n\n

8. Real Estate – Best for Hedging Against Inflation<\/strong><\/h2>\n\n\n\n

Real estate is one of the best ways to generate wealth, but buying a property to rent requires a lot of capital. Thankfully, platforms like Yieldstreet make real estate investing more accessible through fractional real estate investing.<\/p>\n\n\n\n

Now is a great time to get into real estate investing because real estate tends to hold value or even appreciate through inflationary periods.<\/p>\n\n\n\n

Rental Property<\/strong><\/h4>\n\n\n\n

The classic way to invest in real estate is to purchase a rental property. While there\u2019s a lot of upside to be had with rental properties, there\u2019s also a lot of work involved. You have to maintain the property, deal with tenants, and pay property taxes, all of which make traditional real estate investing more of a headache than most people are willing to endure.<\/p>\n\n\n

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Want to increase your real estate know-how? Check out SkillShare\u2019s course \u201cExcel In Real Estate Investing<\/a>.\u201d<\/p>\n<\/div>\n <\/div>\n\n\n\n

Fractional Real Estate Investing <\/strong><\/h4>\n\n\n\n

Enter fractional real estate investing. Instead of purchasing a property yourself, fractional real estate investing through companies like Yieldstreet<\/a> lets you buy shares in an income-generating property, earning some of the money generated each month without the hassle of buying and maintaining your own property.<\/p>\n\n\n

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The real estate market is on fire right now, and Yieldstreet is the best way to get involved if you don\u2019t have enough time or money to buy a rental property right now.<\/p>\n\n\n\n

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Check out YieldStreet<\/a><\/div>\n<\/div>\n\n\n\n

9. Private Credit – Best for High-Yield Fixed Incomes <\/strong><\/h2>\n\n\n\n

If you\u2019re looking for a high-risk, high-reward, fixed-income investment, private credit is what you want. Most fixed-income investments \u2014 like government bonds and HYSA \u2014 offer relatively low returns, typically in the 1%\u20135% range. <\/p>\n\n\n\n

Private credit has the potential for much higher returns. For instance, the highly-rated platform Percent<\/a> boasts a historical weighted average APY of 12.83%.<\/p>\n\n\n

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Percent<\/a> is by far the best online platform for investing in private credit for accredited investors. The company makes private credit investing as easy as buying stocks from your broker. <\/p>\n\n\n

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Are you an accredited investor? Great news \u2014 there are all sorts of cool opportunities available to you. Check out our article about the best investments for accredited investors<\/a>.<\/p>\n<\/div>\n <\/div>\n\n\n\n

It\u2019s free to sign up, and Percent\u2019s easy-to-use platform is simple to understand, even for people who haven\u2019t invested in private credit before.<\/p>\n\n\n\n

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Check out Percent <\/a><\/div>\n<\/div>\n\n\n\n

10. Private Companies – Best for <\/strong>Accessing Up and Coming Companies<\/h2>\n\n\n\n

Interested in investing in a company that hasn\u2019t gone public yet? Hiive<\/a> can give you access. This pioneering platform gives accredited investors the ability to become stakeholders in private, VC-backed companies.<\/p>\n\n\n\n

Hiive acts as a matchmaker between accredited investors who want a stake in private and\/or pre-IPO companies and employees, venture capital firms, or angel investors who want to sell shares. <\/p>\n\n\n\n

Hiive has a lot of cool features \u2014 for instance, there\u2019s a live pricing chart for each company which includes prevailing bids and asks, and you can create watchlists and get notified about price changes or new listings offered. <\/p>\n\n\n\n

Additionally, you have flexibility. Buyers can either accept the asking price as listed, place a bid, or negotiate directly with the sellers. As an added perk for investors, for standard transactions, the sellers are the only ones who pay fees.<\/p>\n\n\n\n

Another interesting tidbit about Hiive: In 2023, 54% of accepted bids on Hiive were approved, 16% meet a buyer from cap table, 30% are blocked altogether (2023 report<\/a>)<\/p>\n\n\n\n

The bottom line? Hiive is one of the best ways to become an investor in private companies like Groq<\/a>, Anthropic<\/a>, and OpenAI<\/a>. (Note: Want to see what’s trending on Hiive? On the Hiive website<\/a>, you can check out the Hiive50 Index, an equal-weight price index of the 50 most liquid securities on the platform, generated directly from user orders and transactions on the Hiive platform.)<\/p>\n\n\n\n

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Check out Hiive<\/a><\/div>\n<\/div>\n\n\n\n

11. Gold – Best for Diversification<\/strong><\/h2>\n\n\n\n

Gold is one of the best investments you can make in uncertain times like these. It is the classic inflation hedge \u2014 although it\u2019s not quite as good at that as it used to be \u2014 and it\u2019s only loosely correlated to stocks, which helps smooth out your returns.<\/p>\n\n\n

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One of my favorite ways to invest in gold is through the Birch Gold Group<\/a>, a company that specializes in precious metal investments in retirement accounts. <\/p>\n\n\n\n

If you\u2019re interested in adding inflation protection to your IRA and are thinking about buying some gold, I highly recommend you check out Birch Gold Group. Gold is the best place to invest money right now, with inflation being as high as it is.<\/p>\n\n\n

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Want to find out more? Read our roundup of Birch Gold Group reviews<\/a>.<\/p>\n<\/div>\n <\/div>\n\n\n\n

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Check out Birch Gold Group<\/a><\/div>\n<\/div>\n\n\n\n

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Check out more of our favorite gold IRA companies:<\/p>\n\n\n