Where To Invest When Interest Rates Are Low

International Money Pile in Cash and Coins (Photo credit: epSos.de)Putting your money into a savings account is a safe way to protect your money. It is not, however, a great way to grow your money. Interest rates for savings accounts today average around one percent. This means you would get about a $1 in interest for every $100 you have in your savings account. Luckily, there are plenty of ways to invest your money if you want to continue growing your money.

Alternate #1: Invest In Gold

There is never a bad time to invest in gold. It is a commodity that is always going to increase in value. Gold provides you with a safe haven for your money today while growing your money for the future. Consider investing in gold if you are thinking about leaving some of your wealth behind for future generations. Selling your gold is also quite easy to do should you decide to liquidate that asset.

Alternate #2: Real Estate

Purchasing a home could be a great way to grow your wealth over the next decade or so. The key is to put enough down on the home to ensure that equity can be attained right away. Also consider where you are going to purchase the property. The housing market is going to vary depending on where you decide to buy. Finding a good home in a good location can result in an asset that will steadily grow in value over time.

Alternate #3: Find Works Of Art

An art collection can yield you some serious cash should you ever decide to sell. Fine art is always going to be in demand as collectors try to line their walls with classical pieces. A keen eye is needed to determine whether a particular art work is going to be valuable or not. Always have an appraisal done to determine the authenticity of the piece. Clever forgeries will make your piece almost worthless.

Alternate #4: Collecting Original Manuscripts

Holding an original copy of the Canterbury Tales would net you a massive sum of money on the open market. Original drafts by authors such as Stephen King would also be quite attractive if you were to ever sell his work. There is nothing more valuable than a piece that is not widely available to the general public. Be sure to authenticate everything before you try to sell it.

Alternate #5: Sports Memorabilia

The value of sports memorabilia tends to do nothing but go up over time. Having an autograph from Johnny Unitas is going to enhance the value of his trading card. Possessing a championship ring that was given to Kobe Bryant would be worth a small fortune if you could ever acquire it. Sporting goods stores are very popular across the country because almost anything sports related is quite valuable. Your decision to keep your baseball cards in pristine condition could really pay off in the long run.


Savings accounts are one way to make sure that your money is safely accounted for. However, there are many Alternate investments that you may want to look into. Putting your money into gold, art and sports memorabilia are fine ways to grow your money. You can feel secure that your money will last as long as you need it to.

Resources for Investing

• 10 Life Changing Books About Managing Your Money - CreditCardCompare.com.au 
• 5 Alternative Investments Worth Looking Into Now! - YouthfulInvestor.com 
• Alternative Investment News - Guardian.co.uk

With interest rates at historical lows in several developed countries, where have you been investing your money? Have you been investing in any other alternatives?