Many people who invest, know commodities are useful. Which commodities are the most expedient usually depends on supply and demand of the commodity. The commodities market is changing every minute the stock market is open.
Commodities like marijuana stock and coffee are not only good commodities to have. They are seemingly on the verge of a boom from the stock market. In the past many people have hated coffee and dumped on this commodity. However, coffee has always made a comeback. Sometimes, coffee has gone from being hated to be number one by one hundred percent in just months.
Marijuana stock is a little bit risky at present. This being stated, because marijuana is not legal in many parts of the world. The United States federal government has still not legalized marijuana. However, there have been a little more than half the states that have either legalized marijuana for recreational use. If not legalized for recreational use, marijuana has been legalized for medicinal use.
These two commodities might be of some use to be added to one’s portfolio. There are definite commodities like gold, copper, and oil that will continue to grow and be steady. However, with coffee at a near all time low, it might be worthwhile to consider adding it to a portfolio. This is because of the history of coffee.
In the past, coffee has gone from the all time low it is right now more than one hundred percent within one year. This expert is predicting will occur again soon for coffee.
There is a danger in adding marijuana to a portfolio. This is explained by the fact that there is much speculation over the legalization of marijuana that some of the governments will shutdown the companies that are in portfolios. If such an occurrence happens, investors will ultimately lose all the funds put into buying marijuana stock.
Commodities, like coffee and marijuana stock are expected to grow at a substantial rate in the near future. This is useful to looking into for most investors. The rewards might just outweigh the risks.