10 Best Places To Invest Money Right Now In December 2022

10 Best Places To Invest Money Right Now In December 2022

10 Best Places To Invest Money Right Now In December 2022

Earning in 2022 might be a piece of cake. There are numerous ways to earn money in today’s world. You can earn a good amount of money from a house realtor to a high school teacher. But the problem lies where the world’s economy is struggling due to a pandemic caused by Covid, and the monthly money you earn is just not enough to meet your daily needs. The inflation rate is roaring at 8.6%, which probably is at an all-time high. But you do not need to worry because today we are here to discuss ten places you can invest in December, which can give you extra earnings.

Why invest?

Investing in different places provides you with an opportunity to earn extra money. Such earnings can be a secondary source of income for a person, and you should not wholly rely on them. If you are not earning enough, are retiring, or if your earnings are fulfilling your basic and primary needs but are not helping you with secondary needs, then you should look at how to, why to, and when to invest.

While investing can offer great wealth, there also comes the risk that you should be aware of. One of the most significant and notable risk factors is losing all the money. But if you are sure about investing, you go for the long shot.

Who invests?

Investing is done by keeping financial goals in mind. Investing in different places and companies is not for everyone. Suppose your earnings are limited and you barely fulfill your basic needs, then you should not consider investing right now. But if you have savings, the extra money you save every month, or your pension, you can invest. This allows you to have control over your financial status.

Perks of investing

The objective of the investment is to generate income and grow over a period of time. With objectives like these, there are also perks that investors enjoy during this period.

A married couple ready to start a family might look into investing in getting their financial situation more subtle. A graduated student can invest in paying off their student loan. A person looking to buy a first new car or a house can quickly pay the money with earnings made from investments.

10 Best Places To Invest Money Right Now In December 2022

  • Index Funds

First, we have Index Funds. This sounds like a broken record because you might have heard about this investment all the time, but historically, it works well even when everything is trading at an all-time high. 

What are index funds?

An index fund is a mutual or exchange-traded fund (ETF) designed to follow specific preset rules so that the funds can track a specified basket of underlying investments. While index providers often emphasize that they are for-profit organizations, index providers can act as “reluctant regulators” when determining which companies are suitable for an index.           

Perks and benefits 

The most evident and apparent advantage is that they have consistently beaten other types of funds in terms of total return.

The primary reason to invest in Index Funds is generally due to their lower management fees than any other funds because they are passively managed. A research team analyzes securities and makes recommendations instead of having a manager actively trading.

Index Funds hold the investment until the index changes, so they often have low transaction costs. Those lower costs can also make a big difference in your returns, over the long haul.

What return do you get from Index Funds?

The Index Funds has returned a historic annualized average return of around 10.5%since its 1957 inception through 2021. While that average may sound attractive and charming, timing is everything. Get in at a high or out at a reactive low, and you will not enjoy such. So if you invest in Index Funds in December 2022, you might want to get in at the perfect time.

2 .  Stocks

If you think that buying stock and becoming a company shareholder is dead in today’s world, then you are wrong because stocks rose by 6.6% last month alone. So if you are to invest in December 2022, buying stocks will be a better option for many out there.

What are stocks

In finance, stock consists of the shares of which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares.

Perks and benefits

Stocks can become a valuable asset to your investment portfolio. Owning stocks in different companies can help you build your savings, protect your money from inflation and taxes, and maximize income from your investments.

Who invests in stocks?

Investors who invest in stocks are those who have stern patience. If you are an impatient person who wants to be rich in a few days, then investing in stocks is not for you because it is for people who wait and stick with their luck for an extended period.

What kind of stocks can I buy?

It is not an easy answer as there are thousands of companies you can invest in and buy shares. But investing in companies and buying their shares means looking for the long term. So the best way to know the answer to this question is to stake out for those companies and corporations you think are here to stay over a long period. For example, we might see electric cars taking over the roads in the next ten years. So, you can invest in Tesla and buy their stocks as we know their future is electric

    3. Cryptocurrencies

Some might say it is the future of currencies. Cryptocurrency is in the talks almost everywhere. Starting in 2008, cryptocurrencies were created in the wake of the global financial crisis as a way for people to control their money themselves, without having to rely on companies, banks, or governments and their fees and controls.

What is cryptocurrency trading?

Trading cryptocurrency means taking a financial position on individual cryptocurrencies’ price direction against dollars or another crypto via crypto to crypto pairs.

Why invest in cryptocurrency?

The common reason to invest in cryptocurrency is the desire for a reliable, long-term store value. Unlike flat money, most cryptocurrencies have a limited supply, capped by mathematical algorithms. This makes it impossible for any political body or government agency to dilute its value through inflation.

Is cryptocurrency a future currency?

Analysts has predicted that the global cryptocurrency market will triple by 2030, hitting a value of nearly $ 5 billion. Whether they want to buy into it or not, investors, businesses, and brands can not ignore the rising tide of crypto for long.

4. Rental housing

If you are willing to manage your properties by renting them out, then rental housing is probably the next best option for more significant investments.

If you already have the extra money, you can buy a new property and then start renting this property. 

Perks and benefits 

Rental housing has its benefits as they offer regular cash flow and is probably best for the those who are investing in this business as long-term investors.


With hyperinflation and an unstable economy, you might find it challenging to run this business. Also, to run this business, you should know about housing and finding the right property. Another worst-case scenario is that you might have to receive calls at 3 am about a broken kitchen pipe.

5. Short-term certificates of deposits (CDs)

A certificate of deposit (CD) is short-term security with a fixed interest rate and maturity date issued by a bank that seeks to raise funds from the secondary money market.

These insured time deposits have specific maturity dates ranging from few weeks to some years. Because these are “time deposits,” you will not be able to withdraw the money for a specified period without penalty.

Pros and Cons

CDs are considered safe investments. But they do attract reinvestment risk — the risk that when interest rates fall, investors will earn less when they reinvest principal and interest in new CDs with lower rates, as we saw in 2020 and 2021. The opposite risk is that rates will rise, and investors won’t be able to take advantage because they’ve already locked their money into a CD. And with rates expected to rise further in 2022, it may make sense to stick to short-term CDs so that you can reinvest at higher rates shortly.

6. Real Estate

According to a study, the Real estate business was America’s favorite long-term investment in 2021. In many ways, real estate is the prototypical long-term investment. However, you need a hefty amount of money to get started. But once you have the property, the longer you hold it, the more it gives you in return money-wise.

You can start this business investment with your own money or take a loan from the bank and then pay it off over time. This is the best investment opportunity for those who want to be your boss.


Every time you invest in buying or building a new house, it becomes perilous if your investment becomes profitable. Also, if you buy it with cash and every penny you own gets spent on this investment, you might find your hands tight for a while.


With all the risks come great rewards; chances are, you can get a considerable profit. All that matters is that you look into the right property location and society-wise. Another important thing is that the longer you hold the property, the pricier it gets.

7. Series I bonds

The U.S. Treasury issues savings bonds for individual investors and an increasingly popular option in 2022 is the Series I bond. This bond helps build protection against inflation. It pays a base interest rate and then adds on a component based on the inflation rate. The result: If inflation rises, so does the payout. But the reverse is true: If inflation falls, so will the interest rate. The inflation adjustment resets every six months.

A Series I Bond is a bond issued by U.S. federal government that earns interest in two ways: a fixed rate and a variable rate that is adjusted twice a year based on the inflation rate. As the inflation rate rises and falls, that variable rate is changed to offset it, protecting the money’s purchasing power.

Best investment for

Like other government-issued debt, Series I bonds are attractive for risk-averse investors who do not want to risk default. These bonds are also a good option for investors who want to protect their investment against inflation. However, investors are limited to buying $10,000 in any calendar year, though you can apply up to an additional $5,000 in your annual tax refund to purchase Series I bonds, too.

8. S&P 500 index funds

If you want to achieve higher returns than more traditional banking products or bonds, a good alternative is an S&P 500 index fund, though it does come with more volatility.

The Standard and Poor’s, or simply the S&P 500, is a stock market index tracking the performance of 500 large companies listed on exchanges in the United States. For Examples Amazon, Apple Inc, and Microsoft Corporation.

Best investment for

An S&P 500 index fund is a good choice for any stock investor looking for a diversified investment who can stay invested for at least three to five years.

9. Nasdaq-100 index funds

An index fund based on the Nasdaq-100 is a great choice for investors who want exposure to some of the biggest and best tech companies without picking the winners and losers or analyzing specific companies.

The easiest way to invest in the Nasdaq-100 index is to buy an index fund, a mutual fund, or an ETF that passively tracks the index. 

10. High-yield saving accounts

A high-yield saving account is a savings account that typically pays 20 times the national average of a standard savings account.

One may be able to open a high-yield savings account where you already have a bank, but the highest rates are often available only from online banks.


Your money is your money, and probably no one can take it from you, but if it is lying around in your bank or your house locker, it will keep losing its value due to hyperinflation. The best possible thing for you is to invest in any of these places we have mentioned and take advantage of them.