Don’t trust the stock market? Or maybe you aren’t all that impressed with its current rate or returns? Whatever your own reason, there are lots of various reasons why others are starting to turn their back on this traditional form of investing.
Even if you want to turn away from the stock market, it is still important that you look for investments for your cash. You shouldn’t simply hide it under your mattress or leave it in a bank account, as you won’t be making quite as big a profit as you might be in some stable investments.
Not sure what the alternatives to the stock market are? Here are some unusual ones that are actually well-worth considering.
Gold And Silver
Have you ever thought about investing in precious metals like gold and silver? Don’t worry, this doesn’t mean that you have to fill your home with gold bullions and silver blocks. There are actually simpler ways to invest. Sure, you can buy bullions and coins if you want. Companies such as www.lpm.hk sell bullions and coins and also provide secure storage solutions so that you don’t have to keep thousands of dollars worth of gold in your home. But, if you want, you can also buy stocks and funds that are invested in the precious metal’s market. So, whenever the market does well, your funds will as well!
Renewable Energy Schemes
Lots of new companies that specialize in the renewable energy market are now starting schemes that give their customers and clients the chance to invest in the business. So, as the business does well and increases their profits, you will be entitled to a share of the profits. Of course, this doesn’t guarantee that you will make a profit. For example, if the business doesn’t do particularly well then you might lose some of your initial investment. But, as long as you keep your money invested in the company, then it should make some of it back in the long term. Make sure that you do plenty of research into the best possible renewable energy company in which to invest. Making a wise choice could see you improve your investments by up to 6% a year.
Classic Cars
If you take a look at how the classic car market has been doing over the past few years, you will see that it’s worth considering investing into these sought-after cars. If you had bought a classic Ferrari or Lamborghini back in 2000, you would be looking at some serious returns on your cash right now. That’s because the value of most classic car makes has been steadily on the increase for the past few years. Even though this market has slowed down in the past couple of years, it’s still worth investing your money in it. It’s worth taking a look at what’s on offer at www.carcity.com.hk to see if anything takes your fancy. If you keep the car in top condition, then it should steadily grow in value over the next few years, and you might be able to make a profit when you come to sell it.
Antique Furniture
As well as looking into investing in old cars, it’s also worth looking at old furniture. Did you know that you can now buy shares and funds in the antique furniture business? It’s true! But it’s not the best way to deal in antiques. You will find that you can make some bigger returns on your investments if you buy pieces directly. You can do so from antique dealers and secondhand shops. You then just have to hold onto the furniture piece for a couple of years until it increases in value. Then, when you are ready to sell, you should take it to a dealer or sell it at an auction. There’s just one thing to remember if you sell the furniture in an auction or through a dealer: there will be considerable fees to pay. So, you need to take these fees into an account so that you aren’t stung by them and they don’t eat into your profits too much.
Artwork
As with investing in antique furniture, you can make similar, if not larger, returns when you put your money in artworks. But as with most investment markets, the art world isn’t completely risk-free, so it’s always important that you take this into consideration when you buy your pieces. Ideally, you need to buy an artwork that will still be sought after in a few years’ or decades’ time. When you do invest in art, you have to start off small. Invest in pieces by little-known artists and try to make some small profits that you can then invest in better-known pieces. You never know, you might end up being able to buy some big names like Rubens, Monet, and Picasso!
Fine Wines
Basically, anything that is highly collectable is a worthy investment as there will always be a market for it that you can resell to. And that makes fine wines a big investment opportunity as well as there are many wine collectors out there. In fact, since the year 2000, some wines have increased in value by over 1,000%! When it comes to looking for wines to invest in, you should spend as much as you can afford. Generally speaking, the most expensive wines out there will keep their value and will grow it the most over time. So, it’s worth going straight in for the biggest-value wines rather than starting with the ones that aren’t worth quite as much, as these don’t tend to rise in value too much.
Hopefully, this blog post has given you some great ideas about the alternative investments out there. But remember that there is no totally safe investment. Even though your money is likely to increase, there is also the chance that it will dip in value. So, always keep that in mind when you are ready to invest your cash!
Oooh I love antiquing!! I think the hunt and find is the best part!! Plus I am loving those who restore old pieces!! Its so in and the resale is amazing!! As for wines… well I much prefer to drink it 😉
I have heard a whole lot aboutthis and there are many ways to invest. I like the gold and silver one. My husband does own a classic muscle car and it has gone up in value over the years. I think the stock market is like gambling plus we dont have those finances.
I could definitely get into investing in renewable energy, they have the potential to be very lucrative.