The Best Investment Right Now Might Actually Be Used Cars Or Trucks

  • Date: 31-May-2022
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

The Best Investment Right Now Might Actually Be Used Cars Or Trucks

Used cars are displayed on a sales lot in San Francisco, California. As the industry continues to ... [+] deal with multiple issues, demand and prices of used cars have risen significantly over the past year. (Photo by Justin Sullivan) In an economy riddled with inflation, and investor looks for where to put his/her investments so as to outperform the standard return on investment (ROI). As NerdWallet reported back in March, the Stock Market has averaged a return of nearly 10% per year for "nearly the last century", but it ironically has dropped by an average of 10% since that article was published. Typically short-term bonds are seen as strategy to avoid the temporary inflation and permit the investor to divert the payout back to stocks after the turmoil, but as pointed out by GoBankingRates, "… bonds are facing their own challenges in the face of high inflation and a slew of anticipated rate hikes by the Federal Reserve." Creative investors as therefore turning to alternate choices like one of the 18, 000 different crypto-coin stocks that temporarily outperformed other options, but even the more stable options like Bitcoin BTC or Ether ETH eum have plummeted 33% in the past