Where to invest $10,000 right now
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Entrepreneurs, financial experts and investment analysts suggest what sectors or assets to invest in if you have $10,000.
Published 2 hours ago on October 19, 2020 By Olumide Adesina Where to invest $10,000 right now
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The upsurge in COVID-19 cases around the world has kept global investors flocking the world’s safe-haven currency at an exponential rate, the high demand for the greenback is coming on the high geopolitical uncertainty prevailing in today’s financial market.
Also, it’s important to note at the currency market, the U.S dollar remains king. According to the International Standards Organization, 90% of currency trading done globally involves the U.S. dollar, most crypto assets, virtually the most liquid commodities are priced in the U.S dollar not forgetting about 40% of the world’s debt is dominated in the greenback.
READ: If you have N1m today, how would you invest it?
READ: Hackers, expose crypto wallets worth $150 million at Kucoin
So Nairametrics felt it paramount to ask a hedge fund manager, entrepreneurs, and financial experts, about what sectors or assets they would invest in if they had, say, $10,000.
Their responses were revealing and diverse as they were varied—ranging from; buying global equities, local stocks, real estate holdings to investing in digital assets.
READ: Key ‘side-hustles’ Nigerian Bankers supplement their income with
READ: What BBNaija winner, Laycon can do with N30 million
Gavin Smith, veteran trader,
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