• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • RECOMMENDED BOOKS
  • FREE TOOLS
  • CONTACT US
  • ABOUT

The Fortunate Investor

Investing, Business & Personal Finance For Wealth Builders

  • Save Money
  • Invest Your Money
  • Get Out of Debt
  • Making Money Online
  • Family & Money
  • Taxes
  • Business
  • Retirement
    • Retirement Calculator
Home » The 3 Best Commodities To Invest In Right Now

The 3 Best Commodities To Invest In Right Now

June 2, 2020 By Bobby | This article may contain affiliate links. For more information visit our Disclosure

Tweet
Share
Pin
Share
Share

The 3 Best Commodities To Invest In Right NowCommodity is a broad term that covers any basic goods that can be turned into other goods or services, and they are a great investment option. It’s important that you diversify your investments so you should look into commodities. Unfortunately, there are a lot of different options and many people don’t know where to start. If you are interested in investing in commodities but you aren’t sure where to put your money, these are some of the best options to consider. 

Gold

Gold is one of the most popular commodity investments, and for good reason. Although the value of gold can sometimes be unpredictable, it is relatively stable. In most cases, the value of gold will go up in times of economic difficulty, so it’s a good investment to make. Gold is used to make jewelry, technology, and by central banks and investors, so demand is always relatively high and that means that the value is stable. When investing in gold, you can buy the physical commodity from companies like ABC Refinery ATO and then store it in a safety deposit box. Alternatively, you can invest in a futures contract if you want to make smaller investments and don’t want to deal with the storage of the physical gold bars. 

Crude Oil 

Crude Oil

Crude oil is a great investment option because it is used for so many things. It is converted into gas and petroleum, but it is also used to make plastics, medicines, ink, cosmetics, asphalt and much more. The prices depend on supply and demand, but it is often relatively easy to determine when demand will increase. For example, gas prices often increase during the summer driving season, so crude oil will increase in value as well. Increased demand from growing economies in places like India and China also pushes up the price of crude oil, so now is a good time to invest. If you are going to invest in crude oil, it’s important that you keep up to date with current events because political issues in the Middle East, where a lot of oil is extracted, can affect prices. 

There are a few ways to invest in oil, but you can’t really buy the physical commodity because buying, storing, and selling barrels of oil isn’t really an option. Investing in futures is the best way of owning the commodity outright, but it requires a lot of capital upfront and they can be very unpredictable. In most cases, the best way to put your money into crude oil is to buy stocks in an oil company. 

Base Metals 

Base Metals

Precious metals aren’t the only way to invest your money, you should also consider base metals. These are the simple metals that are used to make a range of commercial and industrial items. Things like aluminum, zinc or copper, for example, are always a good investment because they’re cheap and readily available, and demand is steady. Buying the commodity outright is not usually that profitable because there is so much of it out there, so buying stocks in a base metal company is your best option. 

There are a lot of different commodities to invest in and you should explore your options, but if you are looking for a good starting point, gold, crude oil, and base metals are perfect. 

  • About
  • Latest Posts
Bobby
Latest posts by Bobby (see all)
  • Cut the Cost of Running Your Business By Going Green - July 5, 2022
  • 4 Office Services Every Business Should Have - July 5, 2022
  • Start Growing Your Small Business Right Now - July 4, 2022

Primary Sidebar

Popular Articles

save business money go green

Cut the Cost of Running Your Business By Going Green

Unless you have been living under a rock for the past five years you will know just how important … Read More about Cut the Cost of Running Your Business By Going Green

4 Office Services Every Business Should Have

Successful businesses are built on the quality of the office. Without a productive environment, … Read More about 4 Office Services Every Business Should Have

Start Growing Your Small Business Right Now

Start Growing Your Small Business Right Now

Start Growing Your Small Business Right Now If you feel like you’re running out of time with your … Read More about Start Growing Your Small Business Right Now

How To Make Your Real Estate Ventures A Lot Smoother

How To Make Your Real Estate Ventures A Lot Smoother

Anyone who has entered the property world will know that it’s a pretty lucrative business if you get … Read More about How To Make Your Real Estate Ventures A Lot Smoother

every investor

7 Current Economic Policies Every Investor Should Know About

The rate at which the U.S. economy has grown over the past decade has been unprecedented. However, … Read More about 7 Current Economic Policies Every Investor Should Know About

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
INSTAGRAM
YOUTUBE

Copyright © 2022 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service