24 Assets to Invest in for 2024: Part 1
This is a list I usually make for myself each year, although not with the clever title. I try to make at least a watchlist of assets I want to invest in for the coming year.
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.
2024-01-06 11:30

24 Assets to Invest in for 2024 Part 1

This year is no different and with so many different types of assets coming to the mainstream, I thought I’d start this list out with some alternative asset types. This list will include cryptos, stocks, ETFs, and anything else I am considering for the coming year.
24 Assets to Invest in for 2024: Part 1


I don’t know if any asset is more important in 2024 than Bitcoin. I’m not saying this like a fanatical Bitcoin cultist, I’m saying it as someone who has a keen eye on most asset markets. The approval of spot Bitcoin ETFs will be a game changer for the industry, there is no doubt about that. We’re also approaching the next Bitcoin halving event in April and we’re finally emerging from the crypto winter that almost destroyed the industry. Failures from Terra Luna, FTX, and 3 Arrows Capital saw the fall of some of the best-known crypto icons in the world. But somehow, through all of that, we’re back and stronger than ever. If you can study one asset class this year it should be Bitcoin. If you already know about it, then you should buy some, or buy some more. The institutions are coming for every last Bitcoin so get some while you can!


The first two assets for 2024 are cryptos. Absolutely. If you haven’t heard, Solana is back and better than ever. Solana has gained more than 700% this year and is now the fifth-largest cryptocurrency by market capitalization. So what is so special about Solana? First of all, Solana is completely different from Bitcoin in almost every way imaginable. Bitcoin is mostly used as a store of value and a deflationary asset. Solana has smart contracts similar to Ethereum and has been a massive hit in the DeFi or Decentralized Finance space. It can handle millions of transactions per second with minimal gas fees for transactions making it the ideal DeFi network for crypto traders. Solana has proven it can handle a large network volume now and I believe it has the opportunity to at least challenge Ethereum as the largest DeFi network in the industry.


I might get some pushback on this one and that’s fine. SoFi is a very polarizing stock on social media and for good reason. It’s an online bank, which doesn’t really impress a lot of people. It was also a SPAC from Chamath, which immediately raised the ire of many investors. But for all the negativity, SoFi has some very strong catalysts working for it this year. It anticipates reaching GAAP profitability this quarter and will look to continue growing its revenue by double digits in each sequential quarter. This is a long-term play, but SoFi’s stock has been beaten down by negative analysts and weakness across the fintech sector. I wouldn’t be surprised if in ten years from now, SoFi is a leader in the fintech space and is even paying out a cash dividend to its shareholders. At just over $8.00, I’ll buy now and hold it through the ups and downs for years.

Disclaimer: I have no positions in any of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. All information should be independently verified and should not be relied upon for purposes of transacting securities or other investments. See terms for more info.

Rate this article

1 month ago
Nice looking forward to the next one!
Published On
2024-01-06 11:30

About the Author
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.

You've read 1 article in the last year
..thank you for supporting us and for visiting our site. Unlike many other sites, The Dog of Wall Street is available for everyone to read. Our focus is to provide great content for free. Do you like what we are doing? Buy us a cup coffee. It is the fuel that keeps us going..

NVIDIA Earnings: Will They Even Matter?
Let’s examine the bear and bull case for NVIDIA’s earnings next Wednesday.
By Mike Sakuraba | 2 weeks ago

2 Stocks I'm Avoiding as Markets Hit New All-Time Highs
People like to throw around the term bubble a lot when the market goes up a large amount in a short time. But is it really a bubble or did they just miss out on the action? I usually say it’s the latter.
By Mike Sakuraba | 3 weeks ago

2 Earnings Calls I'm Watching Next Week
It’s been a while since I’ve done this but it was a good practice and forced me to actually listen to the earnings calls of companies I invest in.
By Mike Sakuraba | 3 weeks ago

2 Stocks You Can Still Buy at All-Time Highs
For some reason, we have always been taught to try and buy low and sell high. While that might seem logical, it is a good way to miss out on buying some of the best stocks.
By Mike Sakuraba | 3 weeks ago

24 Assets to Invest in for 2024: Part 7
In Part 6, I spoke about chip stocks, Axon (NASDAQ: AXON),Celsius (NASDAQ: CELH),and the iShares Bitcoin Trust (NASDAQ: IBIT).
By Mike Sakuraba | 4 weeks ago

2 Stocks I'm Buying When Markets Pull Back
Here are 2 stocks I’m prepared to pull the trigger on as soon as the market pulls back.
By Mike Sakuraba | 4 weeks ago

24 Assets to Invest in for 2024: Part 8
In Part 7, I spoke about Rivian (NASDAQ: RIVN),Chainlink, and Evolution AB (OTC: EVVTY)
By Mike Sakuraba | 4 weeks ago

Tesla Bears Rejoice: Another Bad Quarter from Tesla
I think the next year or two is going to be tough for the company and the stock.
By Mike Sakuraba | 1 month ago