Investing is a proven strategy for growing your money over time while taking into account your risk tolerance and time horizon. Done correctly, investing can help keep pace with inflation.
Top investment trends to watch out for in 2024 include sustainable investing, green energy and gold as major trends; but what other developments may emerge? Let’s find out.
- Artificial Intelligence
Artificial Intelligence (AI) has become an important trend in investing, helping traders enhance trading performance and make informed investment decisions.
Gen Z investors are leading the charge for retail and copy trading, creating excitement around alternative investments that help diversify a portfolio and protect it against market volatility in pursuit of long-term investment goals.
Generative AI is revolutionizing the financial industry by helping investors navigate complex data. One example is a new robo advisor which models various economic shifts and suggests trade strategies instantly.
- Blockchain
While investors might focus on growth and profitability, successful investment management firms also pay close attention to diversity, equity and inclusion (DEI). Employees at such firms experience more energy at work with less burnout. And higher job satisfaction.
Blockchain is the technology behind cryptocurrencies like bitcoin. It may provide an effective alternative for people living in hyperinflationary economies or those lacking access to reliable banking infrastructure.
- Artificial Intelligence in Healthcare
AI healthcare applications hold tremendous promise, offering immense promise for NHS healthcare delivery through providing precision diagnoses, medicines and care services. Natural language processing, generative AI systems and expert systems based on variations of “if-then” rules all offer potential use cases that could prove invaluable in improving healthcare delivery.
India, an emerging market powerhouse, offers sustainable green technologies as an investment opportunity. Professional investors will likely target companies involved with digital transformation or e-commerce to pursue.
- Artificial Intelligence in Education
Previous technologies were focused more on providing access to information and resources; now there’s a shift toward giving individuals more power to create their own content – something schools as centers of knowledge and creator economies are providing firsthand experience with. Generative AI tools are taking root quickly across school environments.
Under conditions of declining inflation and interest rates and record equity valuations, professional investors are turning their focus toward sustainable investing trends for 2024.
- Artificial Intelligence in Finance
2023 put investors through their paces with increasing interest rates and near record inflation rates, so as we enter 2024 the focus will likely be on finding ways to ensure a smooth landing and appropriately positioning portfolios.
Generational AI is already revolutionizing capital markets. Robo advisors can model potential economic shifts within milliseconds and select trading strategies instantly, saving financial institutions money through streamlining tasks.
- Artificial Intelligence in Manufacturing
AI continues to revolutionize industries with everything from stock trading and trend forecasting to improving efficiencies, saving money and increasing productivity. Find out how AI can assist manufacturers improve efficiencies, save money and boost productivity.
Alternative investments have grown increasingly popular as investors search for ways to diversify their portfolios and minimize volatility. From private equity to peer-to-peer lending, alternative investments offer consistent secondary income while mitigating risk to help investors meet their investment goals.
- Artificial Intelligence in Retail
Retail business leaders are turning to AI-powered chatbots as an investment to improve customer support and reduce operational costs. Bots can handle repetitive enquiries while freeing human staff for more complex issues.
Gold has become increasingly popular as a safe investment during times of uncertainty, while many individuals are also turning to fractional art investments as a means to diversify their portfolios with tangible assets that may grow over time.
- Artificial Intelligence in Agriculture
Agriculture requires increasing efficiency, decreasing waste and conserving resources – which AI can assist with.
Plantix, an AI-powered app, analyzes soil to detect any nutrient deficiencies in order to help farmers grow healthier crops.
Investors should keep an eye out for promising technology investments in 2024 despite its challenges, with these emerging tech stocks being some of the hottest candidates to watch out for.
- Artificial Intelligence in Energy
With inflation under control and interest rates at stable levels, investors have experienced gains from stocks and bonds as well as higher yields on savings accounts.
Investors cannot predict the future, but they can prepare for it through AI solutions such as generative AI. Generative AI makes searching through complex databases easier.
- Artificial Intelligence in Transportation
As 2018 draws to an end, understanding forecasted investment trends is crucial for optimizing portfolios. Generative AI has proven invaluable as an aid for decision making in investing and stock trading sectors.
Autonomous cars were once only seen as science fiction; now, they’re becoming reality for the transportation industry. Autonomous vehicles can help reduce traffic congestion while automating ticketing systems through AI devices; such as issuing bus tickets directly.