If you want to make your money grow, there are a number of options. You could leave it in a savings account and earn interest. Or you could choose to invest in a variety of different assets. The risks and potential rewards can vary massively here. What we want to do is have a closer look at which assets would have given the best rewards if you invested a decade ago. Then, if you need services like a lettings agent in Redbridge, we can help.
The data
Foxtons has had a look at the performance of a range of different assets since 2013. This gives an idea which would have been the best to put your money in at the time.
The easy winner is Bitcoin. The cryptocurrency has become one of the most incredible assets in history. Since 2013 its value has gone up by a massive 4,963%. In 2012 it was still a relatively unknown asset. It began 2013 with values at around $13. However, in April it was over $100. There has been some ups and downs since, but today Bitcoin is worth over $70,000.
The second best option would have been gold. It has grown in value by an impressive 66.8%. In 2013 it began at $1,681.50 per ounce. It had some ups and downs though, with a low of $1,192.75. The average was £1,409.51. The opening value in 2024 was $2,064.61.
Properties in London
Third on the list, and the one that matters the most to us was bricks and mortar properties in London. Their growth in value over the last decade is a healthy 44.3%. At the end of 2013 the average value was $444,777 (£352,028). Today it is over $640,000 (£508,037).
The impressive thing about investing in properties in London is the resilience. There have been periods of ups and downs in the last decade, including during and post-covid. Values seem to be on the up again now. That is great news for investors and we’ll be on hand if you need a lettings agent in Redbridge or other parts of the city.
Other assets offering a return
A number of other assets would have given investors a return on their money if they invested in 2013. Behind properties in London is silver with an increase of 22.9%. At the end of 2013 an ounce was worth $19.50. The average was $23.79. Today, it is over $27.00.
Investing in the FTSE 100 would have been up and down too. However, the average would be a 15.7% increase.
Finally, and maybe most interestingly, anyone who invested in corn in 2013 would have seen a 7.9% return. It is one of the most interesting commodities, but can struggle with volatility due to the weather, demand fluctuations, and other factors.
Losses
Sadly, some assets would not be worth as much today as they were in 2013. Wheat values for one are down by 2.5%. They suffer the same fluctuations in demand as corn.
The most concerning drops though were fossil fuels. WTI Crude Oil (a light, sweet, higher quality variant from the US) has declined by 26.3%. Brent Crude Oil (a light, slightly heavier variant from the North Sea) had a 30.2% dip. Finally, natural gas lost 41.5%.
Do you want help from a lettings agent in Redbridge?
As you can see from the figures above, properties in London have been one of the best types of asset to invest in over the last ten years. They remain a good option, particularly with high demand. Most importantly, while the values can go up and down, they aren’t typically as volatile as some other assets, especially cryptocurrency.
So, if you invest and want some help, you can speak to us. We offer all the services you can need from a lettings agent in Redbridge. More importantly, we can arrange guaranteed rent so you don’t need to worry about losses.
