Investment has been a scary topic since the global recession in 2008. People who had spent years saving up to invest in properties lost the majority of their wealth overnight. New homeowners went from excited and happy to miserable, depressed and pessimistic about the future. According to a recent CNN poll, 57% of Americans believe that their children will be worse off than they were.
That’s a two -year high of pessimism, which is completely out of character for the USA.
Since you’re reading this article, there’s one thing we can say for sure…
You’re looking for places to invest your money that will deliver a return in 2017, while also hedging against a potential calamity like the one that happened in 2008.
While there are is always some amount of risk involved in the investment, this article will guide you to through a couple of the safest and most profitable investment opportunities in 2017.
Before we dive into it, though, let’s look at WHY 2017, might be the best market year we’ve seen in a long time.
The One Good Thing Trump Has Done So Far
This is a hot button topic, so I’ll make it clear from the get-go that I am not affiliated with nor do I express support for any particular presidential campaign or political party. However, there is definitely one good thing that came out of Donald Trump’s upset over Hillary.
A positive market reaction.
Currently, the market is in what’s called a “Bull-Run”, in which prices are expected to rise and continue rising. This run is in response to Trump’s promises of decreased regulations and increased incentives in the form of lower taxes- for bringing work back to US soil.
The ideal scenario in a Bull Market is to ride the upswing and sell before the market plateaus and eventually drops again.
Where You Should be Putting Your Money
Now that we’ve covered why the market is growing in anticipation of 2017, let’s look at the best places to put your money, for fairly safe and predictable returns. These recommendations come from some of the top analysts and investors at Forbes.
1. PacWest Bancorp (PACW)
PacWest Bancorp’s share have risen a staggering 20% since the election day results were made public. Even so, John Dobosz, a prominent Investor believes that PACW’s shares are still undervalued.
For hopeful investors like yourself, this might turn out to be a solid pick. Investing now means you’ll still be able to catch some of the rises as the shares come to critical mass.
2. HanesBrands (HBI)
If you haven’t heard of Hanes, you might be living under a rock. Currently, they are the largest producers of men’s and children’s underwear by volume in the United States of America. They are also leaders in the global market for basic clothing.
According to Financial Investor Taesik Yoon, HBI will see a significant growth this year, following the launch of its biggest innovation in the past decade.
3. Open Text (OTEX)
Our final recommendation comes from Financial Investor David Dreman. David believes that OTEX is a very sound business fundamentally and is still undervalued despite it’s consistent, positive performance over the past 25 years.
This is a solid learning opportunity for aspiring investors.
Tying it All Together
In this article, you’ve learned why the market for 2017, while slightly volatile, seems to be heading in a positive direction. Trump’s efforts to bring business and production back to American soil have already begun to turn the right heads.
Start your investment process, by setting aside everything that’s absolutely necessary. Think of it like an emergency fund, that you can use in case of any dangers. Once that’s out of the way, try your hand at investing in the companies listed above.
Reach out to advisors who can guide you through the process and watch your money grow through 2017.