Still thinking of what you should invest this year? Here are some ideas that could be huge when it comes to investing in 2020.
Secondhand, preloved, vintage, or whatever you may want to call; but the growing awareness to reduce, reuse, and recycle could help steer you in your investing decisions. From selling “good-as-new” used items online to trading off your possessions, this isn’t a new concept – but there’s money to be made as people become more conscious of waste reduction and are ensuring that secondhand pieces reach consumers who actually want them.
Not only are people being kinder to Mother Earth, they’re also being gentler with themselves. With wellbeing a key priority in one’s lifestyle today, keep a look out for new launches for existing players in the health, wealth and beauty industries or new businesses sprouting from this demand. Expect a rise in funds capitalising on wellness as a global trend, as well as products linked to the needs of an ageing population, and even mindfulness tech if we’re really going to go far.
Tailor-Made Investment Strategies
Personalised wealth management used to be only for the rich, but this could all change. Wealth management for consumers are already gaining traction where financial institutions are using artificial intelligence (AI) to experiment with a service that is far more personalised. Combined with machine learning and computer analytics, this has the ability to completely change the investing experience for the everyday investor.