Advertorial — This is not investment advice
What does 2024 have in store for us and how can we prepare for it? Neofa and its members explain everything to you. If we summarize the expectations of analysts and economists, it seems that this year investors will face three dominant themes: a slowdown in global growth, a slight recession in the United States, and faster growth in India than in China. In addition, the monetary and fiscal policies of developed markets will evolve, with undoubtedly a reduction in rates during the second half of the year and a more targeted fiscal policy. A gradual weakening of the US dollar is also anticipated. All these points will greatly influence our investment choices for this new year.
Considering current events and these forecasts, what would be the best investments for 2024? The advisors, members of the Neofa ecosystem, highlight six:
- High-quality, long-term bonds because they are beneficial in a context of falling inflation and economic slowdown.
- Cryptocurrencies as they are potentially promising, especially with the expected approval of Bitcoin ETFs and the Bitcoin Halving event. But you will have to proceed with caution in this highly volatile market and not recommended for just any investor.
- Private Equity because this asset class has the potential to continue to offer attractive opportunities but be careful of the uncertainty that reigns in the market. A good selection is essential.
- Artificial Intelligence because it is a growing sector, integrating innovations in various fields such as health and semiconductors.
- Life insurance is and will remain a useful tool for diversifying your portfolio and managing risk, with unique tax advantages.
- The retirement savings plan which allows intelligent preparation for retirement with immediate tax advantages.
Let’s now focus on the equity market and in particular the themes that have the potential to outperform others for the year to come. In 2024, your investment strategy will be impacted by tight valuations linked to key factors such as inflation and economic growth. A strategic and prudent investment approach, favoring promising sectors and companies with strong cash flows, is advised to navigate this uncertain environment.
For 2024, the outlook for investing in stocks is marked by several key trends. The price of gold is expected to continue its rise, supported by safe-haven demand and a weakening dollar. Nvidia is seen as a high-growth stock, with an attractive valuation compared to other tech giants. Airline stocks could rebound, reflecting the post-pandemic travel recovery. Small caps are showing signs of recovery, indicating a possible turnaround. Finally, the S&P 500 could reach a new high, driven by factors such as falling bond yields and a bullish stock market.
In view of these predictions, Neofa members are particularly interested in five key themes for purchasing shares this year:
- Semiconductors : The market is forecasting major growth, with a significant rise in memories. Companies like Taiwan Semiconductor Manufacturing Company, STMicroelectronics, and ASML Holding are key choices.
- Water Sector : With the scarcity of drinking water, this sector is experiencing exponential growth. Companies like American Water Works and Veolia Environnement are relevant investments.
- Artificial intelligence : The expansion of the sector is very rapid and impacts many sectors. Nvidia and Microsoft are main players in the theme.
- Health : The valuations are attractive and the growth potential thanks to medical and demographic advances is exponential. Why not take an interest in stocks like Thermo Fisher Scientific or Roche Holding AG.
- Infrastructure : Investment needs are massive on a global scale. Brookfield Infrastructure and Caterpillar are pillar companies in this area.
As an independent platform that allows each French saver to create, manage and develop their assets with the help of an independent financial advisor, Neofa recognizes the importance of adapting to new market dynamics. In 2024, the company continues to grow the number of advisor members in its ecosystem with professionals capable of navigating a complex financial environment. These advisors play a crucial role in developing personalized strategies for savers and investors, ensuring wealth management tailored to each person’s needs and objectives.
Content proposed by Neofa
The Boursier.com editorial staff did not participate in the production of this content.