"The rich invest in time, the poor invest in money." So said Warren Buffet, the American recognised as one of the most successful businessmen of all time.
Buffet's guiding principle certainly still rings true as we live through the COVID-19 pandemic, but following a couple of years that turned the world on its head, there are some investment avenues that might hold even more potential. In this blog, we take a look at some post-pandemic investment ideas which could offer a handsome return after the hands of time do their job.
From depleted workforces to social distancing procedures - the effect of the COVID-19 virus looks to be leading us towards a higher degree of automation in manufacturing settings, and robotics is right at the forefront of this trend. In many cases, using robotics in manufacturing processes can also offer businesses cost savings. Robotics is one sector which seems to be 'future-proofed' in the sense that once automation is implemented, a return to human methods of completing tasks can be unlikely.
It might seem an obvious investment choice; but what are the reasons why the healthcare sector might offer a fruitful post-COVID opportunity? It comes down to the emphasis on avoiding a repeat of the pandemic, which will see a renewed focus on technological advancements in the industry. A new wave of healthcare innovations, encompassing prevention, hygiene, vaccines and testing, virus treatments and artificial intelligence to facilitate rapid data exchanges and processing has recently been tipped.
From environmental policies to social change - companies who have been involved in influential sustainability initiatives could be worth considering for investment in the post-pandemic environment. Look to brands that can offer a demonstrable commitment to sustainability and are leading the way in the battle to help protect the planet and its people. Of course, the long-held principles attached to investing in stocks, including companies that can show high profitability, have done little gearing, and demonstrate low-profit variability, are still very much relevant.
So, as we look to 2022 with renewed optimism, consider these ways to invest your capital and watch your money grow. If you are looking for a financial expert to help you plan your investments, Top 10 Financial Planner can connect you with the financial advice and planners you need. Get in touch with us today to learn more.
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