Most individuals know the importance of investing for wealth, retirement and savings. But it’s also important for businesses to make the most out of their profits and savings by putting money into solid investments that will grow year after year. This builds peace of mind and stability for your business. With so many corporations heading into bankruptcy, it’s critical to ensure your businesses’ profits are secure and growing, even without new customers.

Traditional investments like real estate and stocks are always an ideal option; there are also ‘untraditional’ methods like bitcoin mining. Companies such as Genesis Mining can give your investment portfolio a boost when other investments are fluctuating, as they tend to do.

Real Estate

Real estate has always been a solid investment strategy for both businesses and individuals; that isn’t likely to change anytime soon. Buying commercial real estate and renting it out to other businesses can give you a steady cash flow month after month.

Don’t just buy up the first property you see, though. Conduct a thorough investigation, and if you are going to need financing, make sure your mortgage payments are going to be covered by the rent you’ll be collecting (plus some). In fact, all of your expenses should be covered by rent. Calculate your ROI so that it’s a number you are comfortable with.

Stocks and Mutual Funds

A balanced stock portfolio can help build your wealth and weather the storms. Bull market or bear market, you’ll be able to see the value of your stocks and mutual funds go up if you have a diversified mix of investments. A variety of tech stocks, startups, precious metals, oil, pharmaceuticals and foreign investments can give your portfolio every chance of success, no matter how the economy is doing.

Again, do your research before buying into just any company. Consult with your stockbroker or wealth manager for advice on when to buy and sell.

Bitcoin Mining

Bitcoin mining offers huge profit potential for very little cash up front. Cloud bitcoin mining offers a ‘hands off’ approach to acquiring bitcoins, without having to maintain hardware, electricity, software or bandwidth. All bitcoin mining is done in the cloud.

There is a learning curve if you want to get into bitcoin mining and there are precautions you’ll want to take before diving in. Once you learn how it works and are comfortable with the process, it can give you a steady increase in your overall wealth portfolio.

Other Businesses

Startups can be a goldmine investment – if you do it right. When you come across an entrepreneur who has a great idea for a business, but no capital, you can come to their rescue. You can offer startup capital, support and your business contacts. These startups will have a much bigger chance of succeeding if they’re given support from someone who’s been there. There are several different ways you can set up your ‘partnership’; You can collect royalties from profits, or you want to be made an official partner, silent partner, or you can just collect interest off the initial capital outlay.

Don’t just invest in any company that comes across your desk. Much time and effort must go in your decision. Investing in companies that will end up being your competition is probably not a good idea. Keep in mind as well that half of startups fail within 5 years. They have a better chance of making it if there are 2 founders, not just one.

There are several investments you could add to your portfolio so that over time you’ll have the wealth you need to rise above any economic challenge.