When it comes to traditional investments, most people think of online trading, buying stocks, bonds mutual funds and all sorts of other, traditional investments. However, the fact of the matter is there are all sorts of different investment options out there. Some might sound completely crazy to some, while others may be a bit more in the realm of reality. Whether people think it id bizarre or crazy or not, many people have made good chunks of money off of these investments.
You don’t get much further away from online stock trading than with buying something you consume. This is the case with wine. Wine can be compared to a fine art, where as long as it is a quality product from a desirable estate and is not heavily flooded onto the market place, it can be worth a considerable amount of money. Recently a man who owns a few restaurants in Bali purchased a single bottle of wine for over $100,000 dollars. Of course, the downside with investing in wine is the desire to consume it and to see what it is like to drink $100,000 worth of anything. There is no other investment someone can buy that can instantly be gone in a few moments notice like wine.
This should not be confused with Forex trading, or the trading of currencies from around the world, as that form of trading works in a similar manor to trading stocks. Instead, this is basically buying certain productions of coins and cash currency as an investment. After all, it says right on the side of the coin its value, right? Well, there are some items that are extremely valuable based on errors or limited edition prints. During the Second World War and up into the 50s, the United States used real silver in the manufacturer of dimes, so the material itself currently is actually far more valuable than the coin itself (of course, melting down American currency is technically a felony, but there are ways around this). Still, as a different example, a 1943 bronze penny recently sold for $1.7 million. That’s a single, one cent coin, selling for 170 million times its original value. Pretty good investment. Talking about the ultimate penny stock trading
Sure, books equal knowledge, and knowledge equals power, but books can also equal money. This doesn’t mean go out and purchase the latest John Grisham hardcover and expect it to increase in value 100 fold after a year (although the very first edition of his first hardcover novel probably brings in much more than what you may have paid for it initially). Instead, important books may prove far more valuable than anyone an online broker can give you. Recently, the National Library of Ireland purchased several papers written by James Joyce for $11.7 million. Basically, looking for a first edition if any kind of popular book is going to be valuable. Even more recent books like a first edition of To Kill a Mocking Bird can fetch into the hundreds of thousands of dollars. Now, for people who do not want to go out and drop tens of thousands of dollars on an old book can simply purchase a first edition print of a popular book and wait for it. Even if it does not surpass hundreds of thousands of dollars, there is a good chance it should at least multiply in value.
People invest in art all the time. However, it isn’t just a pretty picture to hang up on the wall or a nice stature to tie the room together. A quality piece of art is able to bring in a rather larger investment return. This is something a potential investor would really need to do their homework in, as it can increase or decrease in value, but for someone with an eye and money, this is the way to go. Of course, buying an original Van Gogh is always a solid investment as it is going to drastically increase in value over time (unless there is a sudden discover of hundreds of his paintings that flood the marketplace, which would just decrease the value of the paintings), but this takes tens of millions of dollars to begin with. Solid art investors can buy up and coming artists when they know what to look for. After all, great artists did not simply come and go hundreds of years ago.
Sports Memorabilia and Collectibles
This really is a long term gamble. Some investments may pay off while others just become a complete dud. Some investors may have wanted to strike it big with sporting cards from the 90s. After all, baseball cards before this could potentially turn a nice profit. However, the card companies over flooded the market with cards and now these sports cards are almost worthless. On the other hand, Star Wars action figures from the original movies (and even later productions) are worth a small fortune. Many people would probably think it is bizarre to invest in cheap plastic, but ultimately this gamble can really pay off, and collections that cost a few hundred dollars originally may pay off in hundreds of thousands of dollars. It basically all comes down to knowing what is going to be popular (or getting lucky) and hoping the manufacturer doesn’t flood the market.
People did not originally invest it comic books. These just started out as animated reading material. But guess what? Action Comics No. 1, which featured the debut of Superman, recently sold for $1.5 million. Now, some comics just end up like baseball cards of the 90s: overproduced, but for the most part, these can potentially turn a valuable profit, especially if a movie of a smaller character eventually comes out. Prices for, early run Iron Man comics skyrocketed after the movies came out. So, it may just depend on the success of a movie. Again, many may think this is a bizarre investment, but the person cashing in at the end of it all sure is not going to think so.
This is more like buying historical artifacts than simply going out in search of Dirty Harry’s Magnum revolver. Antique firearms are a great investment. Other items that are simply from wartime can also bring in solid amounts of money as well. A Confederate battle flag from the Civil War can sell for around $100,000, while anything else from medals to letters penned at the time can be worth some money.
Now, if there is one kind of investment that someone could enjoy, it is cars. At least you can have a blast driving them. Of course, you don’t want to place too many miles on the vehicle, nor do you want to risk a wreck, as this is really going to cost a lot to fix, but it can bring in an amazing amount of money. However, not all cars are a good investment. In fact, buying a modern car and hoping it turns out to be extremely valuable is a fools game. Classic cars though, this is where the money is at. Of course, someone could buy a limited edition vehicle now days and sit on it for a few decades.
If you have ever watched an orchestra play live, you probably are not looking at the instruments some of them are holding onto and know that what they are playing on is probably worth more than what you make in a decade. This, however, may ultimately be the case. In 2005, a Stradivari violin sold for $2.03 million. Now days, this would probably double or triple in value. Stradivari only made 1,100 violins, so these are extremely desirable and any true musician, especially classical musician, is going to seek out this kind of instrument. This isn’t to say high costs are not associated with other instruments either. Fender and Gibson guitars can fetch a pretty penny, for someone who knows what to look for. Early productions of these guitars in pristine condition can fetch hundreds of thousands of dollars, and then if there is proof that a famous musician played on it, it just goes up even more. John Lennon used a rather inexpensive piano to pen his famous song “Imagine”. Several decades later, musician George Michael purchased the same piano for $2.8 million. For someone who is interested in making a purchase and investment into instruments and does not want to buy stocks, it is necessary to remember a few things. First, it comes down to the maker of the instrument, the quality of the instrument (the condition) and the history of the instrument. If all three of these can add up, buying this rather bizarre object can ultimately turn out to be an extremely valuable purchase that few other people are going to be able take advantage of. Plus, always remember, the fewer items there are, the higher the value.