Aside cash invest which is new

Aside from cash, here are some new investment options that have gained popularity in recent years:

  1. Cryptocurrencies: Bitcoin, Ethereum, and other digital currencies have become increasingly popular as an investment option. However, please note that cryptocurrency investments are highly volatile and come with significant risks.
  2. Peer-to-Peer Lending: Platforms like Lending Club and Prosper allow you to lend money to individuals or small businesses, earning interest on your investment.
  3. Real Estate Investment Trusts (REITs): REITs allow you to invest in real estate without directly owning physical properties. They can provide a steady income stream and diversification benefits.
  4. Robo-Advisors: Automated investment platforms like Betterment, Wealthfront, and Schwab Intelligent Portfolios offer diversified investment portfolios and professional management at a lower cost than traditional financial advisors.
  5. Index Funds or ETFs: These investment products track a specific market index, such as the S&P 500, to provide broad diversification and potentially lower fees.
  6. Social Impact Investing: Platforms like Impact Shares and Swell allow you to invest in companies that align with your values and goals, such as environmental sustainability or social justice.
  7. Crowdfunding: Platforms like Kickstarter, Indiegogo, and Seedrs enable you to invest in startups, small businesses, or creative projects in exchange for equity or rewards.
  8. Gold or Other Precious Metals: Investing in physical gold or other precious metals can provide a hedge against inflation or market volatility.
  9. Art or Collectibles: Investing in art, rare coins, or other collectibles can provide a unique diversification opportunity, but be aware that these investments often come with high fees and illiquidity.
  10. Environmental, Social, and Governance (ESG) Investing: This approach focuses on investing in companies that prioritize environmental sustainability, social responsibility, and good governance practices.

Remember to always assess your personal financial goals, risk tolerance, and investment horizon before investing in any new asset class or product. It's also essential to educate yourself on the fees, risks, and potential returns associated with each investment option.