If you’re savvy with your money, chances are you’ll be on the lookout for good investments.
Of course, you’ll want to make sure that you opt for ones that have as low a risk as possible. The good news is there are plenty of opportunities out there.
But, how do you know which ones are the best for your needs? You’ll no doubt have thought of conventional investment options like stocks and shares.
Did you know there are also some unusual ideas that are worth considering too? Here are six examples that you might have missed:
1. Comic Books
Let’s face it; most of us owned and read comic books as children. They were great ways to pass the time in the days before computer games.
You might not think it, but older comic books are rising in value!
Collectible comic books are worthwhile investments, especially ones in mint condition. This could be one of those times where Superman comes to your aid!
2. Shipping Containers
You know those big metal boxes you often see things like cars stored inside? They are shipping containers. As the name suggests, they are useful for transporting across the world via ships.
What you might not know is they are a little-known method of making money! If you buy one, you can lease it to a shipping container and enjoy up to 20% monthly yields on your investment.
It’s worth doing a search to learn more about how this unusual idea can work for you.
3. Cybersquatting
Some entrepreneurs buy up hundreds, even thousands of domain names and just sit on them. They are often domains that contain certain keywords.
It’s possible to make a profit by selling such domains to the highest bidder. This process is often known as “domain flipping” or cybersquatting.
4. Peer To Peer Lending
Banks are no longer the go-to place to borrow some money! These days, people are lending each other money through peer to peer websites.
You can decide on your level of risk, and the money gets lent out to successful applicants. The rate of return will depend on the risk you wish to accept.
In general, the higher the risk, the higher the ROI.
5. Classic Cars
Most people wouldn’t assume that automobiles are a practical investment idea. For the most part, they are right! But, there is one exception to the rule: classic cars.
If you buy a good example and restore it to its former glory, you’re likely to make a five-figure return.
6. Web Properties
Another Internet-related investment idea is buying up Web properties. Or, to put it another way, buying existing websites. But what happens once you own them?
The sites you buy should already yield a revenue of some sort. For example, many people buy sites that generate an advertising revenue.
Some folks keep those sites and live off the money made each month while others flip them for a profit.
Have you invested in any unusual ideas?
If so, let us know!