There are plenty of people that would like to get involved in the world of investing but are afraid of losing their money. They might have the money to burn, but they don’t have the tactical nouse to make waves on the stock market. Or, likewise, they may not know what the best avenues to invest in are. That’s more common than you’d think, but everyone should be able to invest if they want to.
If the fear of risk is stopping you from achieving what you want in the world of investment, fear no more. There are a couple of alternative investment ideas that are relatively safe and free from risk. They’re tried and tested, so you don’t have to worry about making any mistakes. We’ve added up all the facts and figures to work out what is going to continue to reward investors in 2016.
Alternative investing has become increasingly popular in recent years. In some instances, the likes of classic cars and vintage coins are actually outperforming gold in both the short and long term. Check out AlternativeInvestmentCoach.com if you don’t believe us. Gold might always have been a safe bet when it comes to investing, but it seems like that isn’t the case anymore. So, where are the areas that you should be looking to put your money in the new year? Let’s take a look at some of the more common and safest areas.
Artwork
There has always been a demand for art, and people are willing to pay a premium for it. Of course, you need money behind you to invest in any significant pieces. And, equally, you’ll need to enlist the help of an expert surveyor to determine whether art is worth anything of note. It can be tough to navigate the world of art investment, sure, but the rewards can be very fruitful indeed. Hundreds of thousands of dollars can be spent on even a single painting of value. And best of all? You may not need to look any further than home. You could already have a piece collecting dust in your house that may be worth a pretty penny!
Coinage
People have been collecting vintage coins for what seems like an eternity. When a new batch of coins are released, you might wonder what happens to all the old ones. Well, given that they’re not in circulation anymore, they become a valuable commodity for collectors. They’re willing to pay top dollar for them, so dig around in your purse and see what you can unearth!
Wine
We’ve all seen wine collectors in full swing. We’ve looked at their basements photos on Buzzfeed with envy. But have you ever stopped to consider how much those collections actually cost to put together? Probably not. But, let me tell you, it’s a significant amount of money. Fine wines are expected to see a steady return next year, so if you can get your hands on vintage wines for a bargain price, keep hold of them. Try to resist the urge to down the bottle, or you could see a lot of money poured down the drain!