The Top 5 Business Niches Worthy Of Your Investment

Source: Wikimedia Commons

There are plenty of niches to invest your money in these days. Sometimes, it can be hard to determine which ones are likely to offer the highest returns. In some ways, the global economic downturn has been a blessing in disguise. Why is that, I hear you ask?

Well, when there is economic strife, you’ll soon see which industries can survive. If you’re looking for a new niche to invest in, here are the top five industries worthy of your investment. It might shock you to learn that one or two of these were once considered risky!

1. Technology

It might sound obvious, but the technology industry is a niche that will always do well. These days, everyone uses some form of electronics in their homes and businesses. It’s a niche market that is in a constant state of evolution.

Because of that fact, the tech industry is one of the best at surfing the waves of economic misery! It’s also a global niche and one where its products get used by scores of other industries. Tech companies like Apple and Foxconn have seen their fortunes rise in recent years.

2. Bearings

Many of the products you use on a daily basis have bearings in them. They are simple items that make it possible for objects to move in different directions. Your car uses them, for example. And things in your home such as fans and electric motors also make use of them.

The bearing industry is one that most other niches rely on. It’s no secret that the demand for products has risen on a global scale. That has meant a welcome boost for the bearing industry. In fact, CCTY Bearing and similar firms have reported a record profit for the past year!

bearings

Source: Flickr

3. “Free From” Foods

Let’s face it; we all need to eat if we want to survive! The food industry is one that will never have a decline for that very reason. As you can imagine, there are many niches within that industry. One such niche that is growing quite well is “Free From” foods.

In a nutshell, these are food products that are free of gluten or are organic, for example. Consumers are receptive to the world around them and long for higher quality foods. Some folks buy Free From foods for medical reasons (i.e. if they have a gluten intolerance). But, many do so as a lifestyle choice.

4. Ethical Clothing

Over the past few years, consumers got made aware of the real source of the clothing they wear. Often, clothes get manufactured in third-world countries in what we call “sweatshops.”

ethical-clothing

Source: Flickr

The demand for ethical clothing has grown and will continue to do so for the foreseeable future. Folks would rather pay a little extra to know their clothes aren’t made in sweatshops. They want to be confident workers get treated fairly and get paid well for their work.

5. E-Commerce

We all know that the Internet is a convenient way to buy goods and services. Many of us buy the things we want online using our computers or mobile devices.

Online “e-tailers” like Amazon make an absolute fortune in the industry. As you can imagine, it’s an industry that has always seen growth. And it’s one you need to consider investing in!

Author: Richard Casteel

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Richard is the chief author of this blog. He worked as a financial advisor in money market form last 10 yrs. His financial sense in Share trading and any other trading is just outstanding. He just shares his knowledge and experience through this blog. You can contact him directly though CFD-Providers.com.

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