One of the greatest problems with having too many options lies in the fact that this is a two-fold threat. On the one hand, you may see too many great business opportunities, therefore, be unable to decide where to invest. At the same time, you might also fear that by putting too much money in one field, you might miss out on an option that would be even better. With that in mind and without further ado, here are five standard investment options that you simply can’t go wrong with.

1. Stocks

Let’s face it, when talking about investments, stocks are probably the first thing that comes to anyone’s mind. The main reason for this is due to the fact that you have a great chance of not just preserving but also growing your assets in a relatively short time span (depending on the nature of the investment). The downside of this is the fact that there’s also a chance that you might lose money due to the various economic conditions, government actions and unforeseen occurrences in the field of global economy. Nonetheless, learning a thing or two about these trends can make you better informed and more capable of making the right call.

2. Life insurance

Sometimes, your goal won’t be to increase your assets but to keep some of your wealth as a legacy. Even though one must always hope for the best, buying life insurance is definitely one of the best ideas that you will ever come up with. The greatest problem with this idea lies in the fact that there are so many scams and misleading salesmanship techniques used in this field. Keep in mind, nonetheless, that a life insurance has another potential advantage – the ability to use it as a collateral. This means that you can borrow against it, once you’ve paid off a significant enough portion of it. In other words, it’s a handy thing to have.

3. Commodities

One of the best ways to diversify your portfolio is to invest in commodities. This is due to the fact that they abide by different laws of the market from most stocks and currencies. Therefore, a trend that might diminish the value of one of them, will almost certainly increase the value of the other. In other words, diversifying is one of the best ways to preserve your wealth. Now, when it comes to commodities, most people think about investing in precious metals like gold and silver. Luckily, this is not your only option. For instance, investing in diamonds is as viable of an option. For those who are seriously interested in this investment idea, checking out sellers like Australian Diamond Portfolio might be the best starting point.

4. Cryptocurrencies

One more idea worth thinking about is investing in cryptocurrencies. First of all, the December of 2017 proved that this trend is capable of multiplying your wealth several times over in less than a month. This momentum ensured that the world of cryptocurrencies still on its expansion. Sure, the pace of this expansion is no longer as rapid as it was earlier this year, however, it still seems quite inevitable. On the one hand, skeptics will call this a fluke and use the declining of Bitcoin’s value as their greatest argument. Nevertheless, once you take a look at all the new technological innovation trends that emerged from this, such as the blockchain technology, you’ll realize that the progress is simply inevitable.

5. Real estate

The next idea, albeit the most expensive one on this list (potentially), is the one about investing in real estate. This has multiple ways or returning profit. First of all, you can rent it out and create a passive stream of income this way. Generally speaking, a good rental real estate is one that returns at least 1 percent (sometimes even up to 2 percent) of the total value each month. Aside from this, you can also keep a part of your assets in real estate in hope that the market will go up so that you can sell it at a better price. Some even purchase ruinous estates, restore them and then sell them at a much higher value. No matter what you choose, you’ll have to do your share of research in the field of real estate.

In conclusion

Lastly, you need to understand that there’s virtually no reason why you should invest in one of the above-listed options instead of spreading your resources across multiple investment choices. Sure, putting all your eggs in one basket is more lucrative, yet, there’s a solid reason why the popular proverb suggests against this course of action. Due to the fact that you can never know which of your investments is going to pay off, it’s much smarter to try and make your investment plan as secure as possible. Smaller gains over a longer period of time are always more preferable than the all-or-nothing scenario.