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While this is my opinion, it can be quite boring to get into. For example, the only thing you can appreciate about them is the money, and there are so many rules, guidelines, and risk factors that come with them that immediately put me off.
So, I started researching alternative ways to invest that were either interesting to me or also very easy to get into. Let’s dive right into some of the cool and quirky investment ideas that might just work for you this year.
So, I started researching alternative ways to invest that were either interesting to me or also very easy to get into. Let’s dive right into some of the cool and quirky investment ideas that might just work for you this year.
5 Obscure Investments To Consider
Comic Books or Collectibles
If you have watched anything like ‘The Big Bang Theory’ or '50-Year-Old Virgin’, you will understand that both comic books and, ideally, unopened collectibles are fun and a way to invest your money but also appreciate art at the same time.
While you might think you are late for such a hobby as this, you are mistaken.
If the tangible things aren’t for you, there is more and more popularity around NFTs; they are unique pieces of digital art and represent ownership of that art.
Research But Make It Fun
No matter what investment you make, you will need to make sure you have some solid research behind it. There are ways for you to make it fun, whether you join an online group, watch some you like, create
Diversify Your Investments
It is key that you understand that every market is volatile so it is always recommended by professionals that you diversify your investments as best you can to retain security and make the most out of your investments.
If you have watched anything like ‘The Big Bang Theory’ or '50-Year-Old Virgin’, you will understand that both comic books and, ideally, unopened collectibles are fun and a way to invest your money but also appreciate art at the same time.
While you might think you are late for such a hobby as this, you are mistaken.
One-of-a-kind and limited edition comic books and action figures are still created to this day so you start indulging in your love for this universe and make a few handy investments.
If the tangible things aren’t for you, there is more and more popularity around NFTs; they are unique pieces of digital art and represent ownership of that art.
This is still new and very volatile, so I would recommend that you tread carefully and conduct some research beforehand.
Classic Car’s
While a passion for cars is necessary for this one, if you ever find yourself with the opportunity to invest in a classic or vintage model, then you should.
Classic Car’s
While a passion for cars is necessary for this one, if you ever find yourself with the opportunity to invest in a classic or vintage model, then you should.
They hold their value, and some individuals are so into cars that they’d be willing to pay a pretty price to take them off your hands. They would require storage of some kind, maintenance, and insurance, but for the most part, they can hold their value and are a perfect way to indulge yourself in your interests.
Water Rights
You might be wondering what the hell water rights are. I was thinking the exact same thing, and it’s so interesting. They are essentially an extremely strategic move for those who experience and see water scarcity as a worldwide issue.
By putting your money into water exchange-traded funds (ETFs), you simply hold stocks and support these companies in the water industry, such as utilities, infrastructures and treatment firms.
Water Rights
You might be wondering what the hell water rights are. I was thinking the exact same thing, and it’s so interesting. They are essentially an extremely strategic move for those who experience and see water scarcity as a worldwide issue.
By putting your money into water exchange-traded funds (ETFs), you simply hold stocks and support these companies in the water industry, such as utilities, infrastructures and treatment firms.
It’s an environmentally focused form of investment that generates passive income for all the morally right reasons.
Car Parking Space
While this might seem like a very odd one, it is a simple and very invasive way to get a bit of extra pennies now and then. While this is completely dependent on where you live, for example, in the city center or near a football ground like Hyde Park parking in London or Liverpool, straight off the top of my head there is always a demand for car parking spaces. So locals have capitalized on that and decided to rent spaces in front of their houses for hire.
This might just be perfect during seasons but in areas like London, there will always be demand so it’s a great way to earn money. You could always buy car parking spaces if, by chance, you don’t live in these types of areas and rent them out.
Car Parking Space
While this might seem like a very odd one, it is a simple and very invasive way to get a bit of extra pennies now and then. While this is completely dependent on where you live, for example, in the city center or near a football ground like Hyde Park parking in London or Liverpool, straight off the top of my head there is always a demand for car parking spaces. So locals have capitalized on that and decided to rent spaces in front of their houses for hire.
This might just be perfect during seasons but in areas like London, there will always be demand so it’s a great way to earn money. You could always buy car parking spaces if, by chance, you don’t live in these types of areas and rent them out.
Tips and Tricks To Consider
Research But Make It Fun
No matter what investment you make, you will need to make sure you have some solid research behind it. There are ways for you to make it fun, whether you join an online group, watch some you like, create
YouTube videos about it or find an alternative way to find out more and indulge in your new found hobby.
Diversify Your Investments
It is key that you understand that every market is volatile so it is always recommended by professionals that you diversify your investments as best you can to retain security and make the most out of your investments.
For example, you could dabble in two unrelated, such as gold and silver, but then have a car parking space on the side. There is no right way about this. Just make sure you pay attention to the market and make your investments based on that knowledge.
