Before anyone invests their money, they always wonder what the best high yield investments really are. The 10 best investments, you will find below. They have the best chance of reversing their fates in the eyes of the investment community during the coming years and therefore, should provide some very high yields on your investment.

1. Airlines
Air travel noticed a big shock on 9/11, which sent stock prices below 10% of their nearly 5 year highs. The life and death struggle of airlines will continue in 2004, even though airline management is using the opportunity to improve efficiency by cutting staff and harnessing the internet to squeeze out middlemen. The collective stock valuations of airlines should see large gains in the near future. With this in mind, airlines are considered one of the best high yield investments.

2. Restaurants
The other major casualty suffered from 9/11, also noticed crippling revenues of family restaurants and nearly all fast food chains. The restaurant chains are beginning to recover, as unemployed workers start returning to work. This investment will continue to be among the best high yield investments for many years to come.

3. Wireless Broadband
The entire wireless broadband community has been brutally battered for the past five years, with weak players continuing to exist. This investment opportunity has begun to get investor attention and will continue to see big gains throughout the year. Choose wisely and carefully. You should gain good overall yield, even allowing for a high attrition rate.

4. Online Media
No investment has weathered quite the near total devastation sustained by companies that offer online media. The promise of online media companies has always been real and finally the survivors are staggering into the Promised Land that is profitability. This branch will remain among the best high yield investments, representing huge potentials for investors that can shake off memories of recent carnage. Keep your focus on brands with an exciting online image and a promising business model.

5. Semiconductors
The future of the makers will look cloudy, as long as chips are associated with personal computers. The perspective changes however; when you see chipmakers as the leading edge of virtually every consumer area, including appliances, entertainment, medicine, and even communications. Expect this are to be one of the best high yield investments as well as better yields from those who are establishing themselves in specialty niches.

6. Sportswear and fashion
Department and boutique stores lost major ground to discount chains as the suit wearing class saw their investments evaporate then eventually crash. Brands and labels of the past are now paying dividends as a new generation turns on to status brand of the next generation. Some labels will see gradual but solid gains for at least several years, raising the bar with the best high yield investments.

7. Software services
A tech meltdown forced companies to defer software and IT infrastructure upgrades for nearly four years. CEO's are now cashing in on some of the savings from tightening their belts to catch up on systems and workstation upgrades. For most investors, this means a nice bounce back for this long suffering industry. Expect for this industry to raise its high yields and get back with the best high yield investments.

8. Investment services – banking and insurance
Trillions of dollars scared out of the financial markets will start to trickle their way back during the next few years. Sooner or later that trickle will turn into a more of the 90s type on a more restrained scale. This means billions of dollars in revenue growth for investment bankers and brokerages. The industry's vulnerability to economic volatility is what makes it an unusually good opportunity now that investors have factored in just about everything to make this truly one of the best high yield investments.

9. Aerospace and defense
The recent clinking has kept this industry from sinking lower than about 15% below the past 5 year highs. Even if prospects for a major war fade, it will enjoy sustained growth thanks in part to a rebound in civilian air travel coupled with aging fleets, and the long debated push to create a hi tech military force. Look for steady growths that should translate into a very strong yield.

10. Energy and Petroleum
This industry will inspire new confidence once war talk starts receding into memory and short memory motorists resume road trips. Investments in this industry should do well more the next few years. This industry is strong overall, and should keep up well with the best high yield investments.