- Build inflation-resistant portfolios
When it comes to long term, sustainable investing, you need to be able to build wealth in a form that is inflation-beating.
-Real estate, like apartment buildings
-Public equities, or stock, in platform companies with pricing power (Example: Amazon, Apple and Airbnb)
But obviously you cannot just jump into buying a home out of nowhere. So put aside enough to cover a 20% downpayment and then take a loan for the rest. Look for properties that can give you a decent rental income that can pay off your monthly instalments.
Bitcoin is known as “digital gold” for a reason. It theoretically protects against inflation because of the limited supply, and can be your hedge for the long term.
While there are so many cryptos to choose from, building wealth means that you look for something that will stand the test of time. Do your research and understand the purpose behind the launch of each coin before putting your money behind them.
- Consider alternative energy investments.
Electric vehicle stocks seem to be growing in demand as the gas prices grow. Of course, stocks such as that of companies like Tesla don’t come cheap, but could be potentially beneficial in the long run.