Investing at the right time and place is essential for a side hustle and extra money in your bank. 2020 has been an exemplary year that showcased how much scrabbling cash from a side business is necessary. Last year was proof that a side hustle was essential to survive the economic loss. In 2020 the only people who made it were the ones with additional money incomes. Investing is not only crucial but can also become a luxury!

What to consider for an investment?

To allocate your money, carefully analyze the risk tolerance and time horizon. The value of each of these factors becomes more evident during the time of volatility.

Opting for lower-risk investment opportunities can help to grow your wealth. We have listed a bunch of options to invest in that have varying levels of risks and returns. They are the best suited for 2021.

Top investments in 2021.

The top three opportunities to invest in 2021 are:

  • High-yield savings account
  • Certificates of deposit
  • Government bond firms

High yield savings accounts

These are the accessible vehicles for your cash. They not only have low overhead costs but also allow us to gain higher profits. These accounts offer an instant transfer of your money to your ATM. They can be your fast-cash-access for 2021.

Certificates of deposit.

These are issued by banks and give more revenue than an average savings account. These come with specific maturity dates and cannot allow you to withdraw money without a penalty.

Government bond funds.

These are the mutual funds or ETFs that invest in the government and its agencies. The funds are invested in debt instruments such as T-bills, T-notes, T-bonds, and mortgage-backed securities issued by government-sponsored enterprises.

These shares are highly liquid. It means that their values fluctuate as per the ongoing interest rate in the market.


Investing is an excellent opportunity to earn a lump-sum amount of money for rainy days or enjoy your time on a yacht. You have to analyze the potential risks and benefits and invest wisely!