In most cases, we part with our money in exchange for a product or service and that’s the end of it. Whether we feel that we got our money back in terms value is another question, of course, but what if the money we spent contributed to a wealthier future for us?
Well, that’s what investment is all about and while there’s an element of risk in any investment, the idea is that you earn money in the long run. However, if you’re not interested in stocks and shares, then you might be interested in a few of the more unusual investment ideas listed here.
Music Royalties
If you own the royalties to a song (either in full or partially), you will earn money every time that song is streamed or played on the radio. While each payment may not be much, over time the earnings can add up to a significant amount of money, especially if you invest in an unknown artist or songwriter who ends up hitting the big time.
If you buy royalties, you will own them for the life of the artist and for the 70 years afterwards which could mean you have something to leave behind for your children too. Visit Royalty Exchange for more information on investing in music royalties.
Wine
There are two ways to invest in wine. The first is to buy physical bottles or cases of rare wine which will increase in value, but you will probably need to part with a lot of money to get started as most will only sell by the case.
You will also need somewhere to store the wine to keep it in excellent condition otherwise your investment will be worthless. Alternatively, you could buy Wine Investment Funds which again can be costly but often yield a great return.
Gold
This may sound old fashioned to some, but gold is arguably far more valuable than any currency out there. Humans have been trading gold for centuries and, overall, it has held its value. The key attraction to investing in physical gold, is that it is not subject to the same fluctuations as currency.
This means that while it doesn’t increase in value, it is unlikely to lose its value unlike most investments and as there is a finite amount of gold in the world, this its value is set to increase. You can keep the gold in your home and it will not be damaged by fire or water, and will not degrade. You can get your hands on some gold through Nuggets By Grant.
Rare Books
A book does not need to be old to be worth a lot of money, it just needs to be rare. The most famous books of recent times which are worth a huge amount of money are the first editions of the first book in the Harry Potter series by JK Rowling. Some of the copies from the first print run have been sold for more than $25,000. The beauty of buying rare books is that you never know where you might stumble across a gem in a second hand store, pay just a few dollars for it and sell it on for a fortune.
