Investing your money can be a great way to prepare for the future, but many people feel that traditional investment opportunities are often dull and uninspiring.
Finance and investing experts always seem to be talking about the importance of investing your money, but when they talk about WHERE to invest it’s usually just something boring like a bank or company.
“A lot of the time, people are put off from investing because what they’re told to invest in simply doesn’t interest them,” says Josh, founder of TopDollarInvestor. “I want to show people that investing doesn’t have to be boring, and there are actually loads of cool or unique investments out there that can also yield a pretty high return.”
If you’re looking to add some excitement to your portfolio and maximize your chances of achieving financial success, then why not look into some unconventional investments? From rare coins and antiques to investing in businesses and even yourself, there are plenty of unique ways to invest your money – and we have five most unconventional options.
It may seem unusual, but investing in high-end sneakers can yield remarkable returns, as the sneaker resale market continues to flourish, and shows no signs of slowing down. Limited edition shoes from brands like Nike, Adidas, and Yeezy can sometimes sell for thousands of dollars, and this has made them a hot commodity for sneaker enthusiasts.
According to one expert, “The sneaker market has seen explosive growth in the last decade, with some collectors enjoying returns of over 500% on select pairs.” If you are keen to spice up your portfolio with something unexpected, this could be an option that yields great returns.
Vintage Video Games
As nostalgia surges, classic video games, and consoles are becoming increasingly valuable. Original editions of games like Super Mario Bros., The Legend of Zelda, and Final Fantasy have fetched impressive sums at auction, proving that investing in vintage video games can be financially rewarding.
Expert Josh from TopDollarInvestor states that “Vintage video games are not just for nostalgic collectors; they can be a profitable investment. Limited availability and increasing demand are driving up their value.” So, if you are on the hunt for an investment that is a lot of fun as well as being profitable, this could be the perfect choice.
It comes as no surprise to learn that investing in whiskey casks can be both lucrative and enjoyable, as the spirit appreciates in value over time while it matures in the barrel. Investing in a cask from a reputable distillery can yield significant returns when bottled and sold. Josh explains how “whiskey cask investments offer an interesting alternative asset class. As the whiskey ages, its value increases, and investors can enjoy a dram of their investment as it matures.”
The long lifespan means that whiskey casks can potentially be a long-term investment, and they are ideal for those looking to add something truly unique to their portfolio.
Rare LEGO Sets
Another great option for the young at heart, LEGO could be an unusual but profitable investment. With limited-edition sets rising in value, LEGO investing has become increasingly popular and could offer a great return.
Certain rare and discontinued LEGO sets have increased in value exponentially over the years, making them a unique investment option; examples of profitable investments include the Star Wars Ultimate Collector’s Millennium Falcon and the Taj Mahal. Josh explains that “LEGO sets are not just for kids. Collectors have seen some sets appreciate in value by over 1000% in just a few years, making them a surprisingly lucrative investment.”
Another, more unexpected option is investing in farmland; this could be an ideal choice for teh investor looking to diversify their portfolio. Buying and renting out farmland has become increasingly popular – according to experts, “Farmland investment is a solid long-term play with a steady return potential. It’s an excellent way to diversify one’s portfolio while contributing to global food security.”
If you are considering an investment that offers a reliable income stream, with the potential of long-term appreciation, farmland investing could be an option worth considering- and this has the added bonus of being an ethical investment.
Investment opportunities come in all shapes and sizes, from traditional stocks and shares to the more unusual options mentioned above. Whether you are looking for something with a high return potential or an asset class that is fun to invest in, there are plenty of options out there. Whatever your choice may be, make sure to do your research before investing, as with any investment comes risk.