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4 Clever Ways to Invest Your Money in 2022

  • May 4, 2022

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Are you wondering how to invest your money this year? Investing is an excellent way to fund your retirement, get an additional source of income, deal with a monetary problem, and build your wealth. Read on for four clever strategies to invest in 2022.

  1. Buy dividend stocks

If you’re looking to increase your return on investment while reducing the impact of inflation, try investing in a dividend stock. This type of investment allows you to earn a fraction of a company’s profit by owning shares in the entity. With a dividend stock, you benefit from your investment in the short-term and long-term as the share prices increase. 

However, dividend stock is not without risks. Before buying in, research the company’s history to determine its dividend increase and pay to ensure a worthwhile investment. Sometimes a company may advertise an unsustainable high current yield to get you to buy-in. You could also minimize risks by investing in dividend stock funds with diverse asset collections to avoid relying on a single organization.

  1. Invest in cryptocurrency

Cryptocurrency is an excellent investment option that offers exceptionally high returns on investment. It uses digital electronic currency as an exchange medium and has gained popularity over the past few years, with more people venturing into the market. You could invest in various cryptocurrencies, including Bitcoin, Binance coin, Ethereum, Dogecoin, Solana, Polkadot, and Terra.

However, cryptocurrency is a high-risk investment, and you could end up losing all your money within a concise time frame, so only invest what you can afford to lose. Cryptocurrency is also not FDIC insured, so it's worth is influenced by other investors willing to purchase it. Check out this website to start trading Bitcoin and other cryptocurrencies and enjoy competitive rates, 0% funding charges, and free money withdrawals.

  1. Buy certificates of deposits (CDs)

If you do not need immediate income, you could consider investing your money in a certificate of deposit. A certificate of deposit (CD) allows you to deposit cash in a bank for a given timeframe and get a guaranteed return on your investment regardless of the changes in the interest rates during that timeline. Certificates of deposits often have a higher interest rate than a regular savings account.

To increase your return on investment,  invest in a short-term certificate of deposit, especially when you expect rates to rise. This way, you can reinvest your principal and interest at a higher rate once your certificate of deposit matures. Note that you cannot withdraw your cash before the specified period expires without incurring penalties. Be sure to shop for a financial institution with high-interest rates and ascertain that it is  FDIC-insured to minimize risks.

  1. Open a high-yield savings account

A high-yield savings account provides an effective way to keep cash liquid and still get a return on your investments. Like a regular bank savings account, a high-yield saving account allows you to access your cash quickly. However, online savings accounts have higher interest rates due to lower overhead expenses. 

A high-yield online saving account is ideal when you need cash in the short term while averting the risk of not getting your money back. Since the financial institutions that provide these savings accounts are FDIC insured (up to $250,000 insurance plan), you do not have to worry about losing your principal.


Investing can help you gain financial freedom over time. Familiarize yourself with the above strategies and start investing to grow your wealth.