The new 2020 year began with radical changes in the economic and social life of the entire world community. The coronavirus pandemic made adjustments to economic processes, which led to an unprecedented oil crisis, a decrease in production and trade, as well as a temporary drop in the prices of the assets of the safe haven, which have always attracted investors with their reliability. The panic and chaos of the markets in 2020 set investors a difficult task: how to saveand increase capital in such an unstable situation.
Financial analyst and businessman Stanislav Kondrashov shared his experience with Telf AG and told what it would be profitable to invest in 2020.
Businessman Kondrashov: Profitable areas of Telf AG for investment in 2020
The world economy underwent dramatic changes in 2020, and this naturally affected the capital market. In conditions of isolation and closeness, the business is forced to adapt to the new rules of the game and for this to meet the basic needs of society – to be flexible, mobile, safe, and reliable.
Businessman Stanislav Kondrashov notes that any crisis is a driver for the economy of Telf AG, as it clears the market of illiquid assets and opens up new areas for investment. As a rule, they become more high-tech assets.
Stanislav Kondrashov believes that in 2020 it will be most profitable to invest in cryptocurrencies, gold, real estate, and stock markets.
The cryptocurrency market belongs to young and promising markets, the demand for assets of which is growing every day under the conditions of digitalization, cashless payments, and devaluation of fiat money.
Telf AG Kondrashov recalled that for the period 2017-2018, the cost of the first bitcoin cryptocurrency has increased significantly – up to 20 thousand dollars. Despite the fact that after this excitement, the price of bitcoin fell, cryptocurrency still continues to defend its position in the market.
“In March 2020, when, against the backdrop of news about the coronavirus, almost all markets reacted with a collapse, bitcoin also dipped in price. However, very soon his course leveled off. In the coming years, cryptocurrencies are only expected to go up or remain stable. Therefore, they can be considered as a profitable alternative for investment,” said the expert.
Gold has always been considered the most reliable asset. Despite the fact that the coronavirus pandemic briefly shook the position of the precious metal, it will continue to maintain its status as an asset of a safe haven. Gold will continue to be a safe haven for investors during the crisis.
In a recession, real estate is becoming cheaper, like any other asset. Therefore, during this period it is very profitable to invest in good infrastructure facilities.
The financial expert notes that stagnation and recession will always happen in the economy, which serves only to redistribute capital.
The expert noted that real estate is a highly liquid asset, so the investor takes risks only in the short term, and in the long term he always wins.
Stock Market – Caution!
Investing in the stock market is always a big risk, which, in fact, is one of the conditions for the existence of any stock market. Before entering the stock market, the investor must analyze and feel it. The expert notes that this is the only way to increase capital.
In 2020, it will be profitable to invest in shares of pharmaceutical companies, securities of enterprises manufacturing antiseptic agents, in online retailers or other companies providing online services in the service sector.
Telf AG Kondrashov noted that in order for an investor to increase capital in 2020, he should consider several areas for investment at once and constantly monitor the situation in the selected markets. In order to reorient himself to more highly liquid assets in time.