4 Unusual Investment Opportunities
/When it comes to making investments, banks have always been the go-to destination, but now there are many other ways people can make the most of the money sitting in their accounts. While the standard approach to investing is still very popular with investors across the world, there are many other adventurous ways you can invest that you may never have considered before.
It’s important to note that all investments come with an element of risk, but it’s all about taking the leap and making the right decision for you. In this blog, we’re going to discuss a couple of unusual investment opportunities to consider:
1. Art
Art enthusiasts could decide to pool their money into artwork. If you have a strong understanding of the market and are willing to carry out regular research on the art industry, you may be able to make a decent income from this type of investment. Although you may find a piece of art that is to your taste or speaks to you, it doesn’t necessarily mean it holds any real financial value. The good news is that high-end art has more or less maintained its price despite the fluctuations in the economy, which makes it a stable investment in comparison to other sectors. Do keep an eye out for any defects in the artwork, which are often indicators that it could be fake.
2. Buy-to-let property.
If you have an interest in the property market, there’s no reason why you couldn’t invest in a buy-to-let property. However, to be eligible to do this, you need to have enough cash to cover a quarter of the property value as a deposit. You’ll also need to have enough cash for legal fees and restorations, as well as an extra fund for emergencies. Unlike other investments that you don’t have much control over, a buy-to-let property investment relies heavily on your input.
3. Farming
Farming investments with Crawford Agriculture are another great way to generate extra income. The benefits are that almond orchards provide continuing capital gains, tax benefits, and also an increase in equity. Due to the shortages in agricultural land for growing almonds, your investment is destined to increase over time, which means you’re making the most out of your money. The almond market has remained steady over the years due to the demand for protein-rich foods, making this type of investment low-risk.
4. Coins
Rare coins are perfect for those who are interested in vintage and retro collectibles; however, it can be difficult to spot counterfeit pieces unless you have a trained eye. With this in mind, purchasing coins from house sales or auctions would almost guarantee you are investing your money in the real deal. The value of a coin is determined by how in-demand it is with coin collectors, so you may need to carry out some research into the types of coins you should be investing in.
We hope this guide has given you some interesting investment ideas to think about if you’re aiming to find ways to make the most of your savings.