For the past year, it has all been about the rise of cryptocurrency. As tempting as it may sound, bitcoin and others are not the ideal investments. We have seen increased volatility in the price of bitcoin and other cryptocurrencies. Furthermore, as the price of bitcoin has fallen, there has been an increase in complaints surrounding bitcoin markets.
This article gives a general overview of four alternative investment options and crowdfunding is one of those options. Crowdfunding has democratised finance. Groups of individuals investors can now provide funds to small businesses that previously struggled to get financed. There are plenty of investment opportunities in local businesses including invoice financing, loans and equity shares. In Singapore, some of these platforms offer annualised returns as high as 30%. These platforms give individuals an exciting way to invest in small local businesses, which was not previously possible.
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