How do you make your money grow?

Saving money for a variety of reasons such as preparing for retirement, coping with the unexpected, etc. is highly recommended. This does not mean that you should keep it in your wallet. The best thing to do is to make your savings grow to take full advantage of the income generated.

Here are a few ideas to help you think before you invest.

Investing in rental real estate

Investing in rental real estate is an excellent way to make your money grow if you already have capital or if your financial situation offers you the opportunity. There are many advantages to investing in stone. Thanks to the leverage of bank credit, you can invest without having a lot of money. In addition, you build up an estate while receiving each month's rent.

This is ideal for planning your retirement with peace of mind. Before you start, however, you must take the time to evaluate your project, visit many properties and assess their potential. To optimize the chances of success of your investment, you can use the services of a real estate professional.

Investing your money in a SCPI

Investing your money in a non-trading investment company or SCPI is a good alternative to rental real estate. It consists of buying the shares of a company that specialises in investing in properties rented to companies all over Europe.

This solution avoids possible management problems linked to the rental of a property by a private individual. In addition to the valuation of your shares, you can be sure to benefit from an attractive and sustainable return. Depending on the case, you receive an income every month or every quarter. At present, you can choose from a number of SCPIs with a good reputation for expertise.

Playing online gambling games

The advent of the digital age and the democratization of the Internet have revolutionized many sectors, including the gaming industry.

For more than a decade, it has been possible to play casino games without leaving the house. And the odds of winning big money are real. In fact, the number of casino gaming platforms on the web has been growing steadily. Depending on your preferences and desires, you can choose between Roulette, Craps, Blackjack, Poker, etc.

Furthermore, the evolution has meant that more and more online casinos are accepting cryptomoney, considered to be the money of the future. As you can see on this site, the number of online casinos that accept Bitcoin continues to grow.

Crowdlending as a way to join the useful to the economy

Crowdlending, which literally means "lending by the crowd", consists of lending money to an individual or SME via a platform to finance its development project. Then you get your money back with interest. The annual interest rate varies between 5.1 and 8.3%.

However, you do not have the possibility to withdraw your money at any time. You can also opt for real estate crowdlending. This involves financing construction projects. However, remember that an investment always involves risk.

Therefore, be careful to choose the platform in which you invest.

Joseph Gagné
Joseph Gagné

Incurable coffee guru. Extreme zombie ninja. Passionate analyst. Music geek. Lifelong tv scholar. Infuriatingly humble music lover.