Forget gold and Bitcoin. Here’s how I’d invest in 2020 to achieve financial freedom

The stock market’s crash since the start of the year could mean that many investors are dissuaded from purchasing stocks. After all, further declines could be ahead depending on how the spread of coronavirus progresses.

Investors may, therefore, be considering the purchase of other assets such as gold and Bitcoin. They may exhibit lower correlation with the wider economy compared to stocks, which could mean they outperform them in the short run.

But, on a long-term basis, buying stocks now could be a much more profitable idea than purchasing Bitcoin or gold. It could boost your chances of enjoying financial freedom.

Short-term risks

The uncertainty facing the world economy may cause demand among investors for gold and Bitcoin to rise. In gold’s case, it has a history as a defensive asset during challenging economic periods. This has contributed to its recent price rise, with it having traded at a seven-year high in the first quarter of 2020.

Although the price of Bitcoin has fallen…