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What Should You Invest In This Year?
When you mention investing, most people immediately think of the traditional type of investing in stocks and shares. However, that’s not the only way to make money. Collectables are becoming an increasingly good bet for many people. With a solid knowledge of the sector, you could find yourself quite a lucrative source of revenue.
From ancient Roman finds to American gold Buffalo coin, the market for these is very strong. If you aren’t an expert in the field, there are plenty of resources online which can help to get you up to speed on the basics.
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Recent research has shown that putting your money in Lego will get you a better return than investing in gold or are. Unopened Lego sold from the 80s to 2015 has risen in value by over 10% each and every year. This makes it a better investment than almost anything else. If you’re lucky enough to have Star Wars Lego, the value may have risen in excess of 600%.
Art (Traditional & Digital)
If you’re into art and want somewhere to invest for a longer-term, then it’s a good option. Rather than being the privilege of the super-rich, investing in art is now accessible to a lot of people, especially with the advent of NFTs or Non Fungible Tokens. If you have the risk appetite for NFTs and crypto-assets then some well-procured purchases could bring in a good amount of money in the future.
Fashionistas with knowledge of the sector can expect to make good on their investments. Vintage luxury handbags and footwear have been rising steadily in value. So if you can get your hands on some reasonable-priced Louis Vuitton or Hermes bags, you can expect this corner of the market to keep rising.
Wine collecting is well known, but the rare whisky market is also on the up. Investors in this market have seen double-digit growth over the last year and this looks set to continue.
When it comes to putting your money into companies, the Fem-Tech market is really taking off. Women’s health is undergoing something of a revolution at the moment and there are a number of companies moving into the Fem-Tech spaces. The marketing is currently valued at over $22 billion, and this is expected to grow over 15% in the next 3-5 years.
Ethical investing is becoming much more popular. ESG (ethical, social, and governance) funds are now attractive options. With many industries placing higher importance on ESG, there is a lot of interest in ESG focused companies. It also gives you the chance to invest ethically, which has not always been possible to do before, at least not easily.
As with any investment, there are no sure things, but by diversifying out of the more traditional investment routes, you can still find many opportunities to make money. It all depends on your knowledge of the sector, your appetite for risk, and how long you can maintain your investment before seeing a return.