If you have some capital to invest, the obvious choice is to set up a brokerage account or hire a financial adviser and start buying and selling stocks and other traditional investments. This is a sound option, and still one of the most effective ways to increase your wealth. However, there are some other choices for investments that you might not have considered, but that are well worth finding out about. You might feel they are more suited to your lifestyle for one thing, and it’s always a good idea to spread your investments across a wide portfolio to minimize the risk of loss.
Real estate
Purchasing property is a choice that you might be concerned about; what happens if there is another crash like the financial crisis of 2008, which is still affecting global economies even now? Well, it’s true that like any investment, property can fall in value. The good news is that it will start to rise again over time; for example, most of the properties that lost their value after the 2008 crisis are now, ten years on, worth more than their pre-2008 value. You can also generate a regular income from your properties by renting them out, which is a distinct advantage over many other forms of investment. You could also have a look at NNN properties for sale, which are leaseholds that require the lessee to contribute towards property taxes, insurance, and maintenance, which adds another benefit to the ownership of property.
Antiques, artworks, and other valuables
Investing in these markets can be a lot of fun, because you get to own some of the most desirable objects in the world - many of which retain their value, or indeed increase in value, no matter the volatility of the economy. The only point to bear in mind is that fashions can change, and a style of antique may decline in value if it’s no longer so popular. Nevertheless, antiques, original paintings and other artworks, jewelry and watches, classic cars, and certain types of memorabilia, are all good candidates for investment. You can get some ideas on what is currently most sought after by taking a look at the prices being paid at auctions and seeing how the values have changed over the years. With this kind of investment, not only are you likely to get a good return when you sell up, but you will be able to enjoy having the most beautiful objects in your possession – after all, who wouldn’t want to be seen driving a classic Ferrari, or wearing a Patek Philippe watch?
When you are considering how to invest, the safest options are low-risk investments that are likely to make long-term gains. You’ll find that no matter how low-risk you go there is still a possibility that the values could be wiped out by some unforeseen disaster. If you own shares that means you’ll have nothing to show for your investment, but if you put your money into bricks and mortar or aspirational possessions, then if the worst happens, at least you’ll still have something beautiful and/or useful in your life!
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