Pages Navigation Menu

Everything Personal Finance

3 Investments Options That You Never Considered

Buying a plane or a helicopter is probably a bit out of your price range, but what about buying a small share in one? Just like a timeshare on a property, you can be part owner of a plane or a helicopter. It’s a great investment because you can use it whenever you want to go away anywhere without having to deal with all of the hassle of the airport. You can also rent out some of your flying hours and make a bit of money back on it. Some contracts don’t come with a pilot so you’ll need to find somebody like Wade Coggin to fly the aircraft for you when you want to use it. It’s the perfect investment because you can use it when you need it and then make a little extra income from it when you aren’t using it.

Gold

Gold is often considered the safest investment because, unlike the stock market, it isn’t affected by economic trends. If you invest in stocks and the market crashes, you could lose a lot of money. That’s why in times of economic hardship a lot of people sell stocks and buy gold instead. The price still fluctuates a little bit, of course, but there is way less risk involved. It’s not a great short term investment but if you’re looking for something that will gradually appreciate in value over time, gold is the way to go.

Art

Art is another investment that isn’t affected by general economic trends. A good piece of art will maintain its value even if the stock market isn’t in good shape. The major issue you’ll have is identifying which pieces are worth investing in and which aren’t. Keep your ear to the ground and do a bit of research into the art world. What you’re looking for is artists that are touted to be the next big thing. If you can pick up a few of their pieces when they’re relatively new you won’t pay too much but when they take off, the value of those pieces will skyrocket. There is always a certain amount of risk involved but once you get an idea of what will be popular and what won’t, you can make fairly educated decisions. The other major benefit of investing in art is that you can display it in your house until you decide to sell it.

If the stock market seems a little too unpredictable for you, try some of these alternatives instead.