Have you got a bit of spare cash that you're looking to invest? Congrats! Maybe you've just sold your car and are going to start walking everywhere, or maybe you just got a retirement payout. Either way, you might be looking to invest. Investing your money is a good idea these days in a fluctuating economic climate. You might want to treat yourself, but how is that going to provide for your future?
You probably already know investment options like stocks and ISAs. These are great, but they aren't the only option. Another good one is property, which while volatile, has continued to provide growth and an investment yield for decades in the right areas. But that's not what we're going to look at in this article. We're going to look at a few unconventional ways to invest your money. Some of them might be a bit more obvious than others, but all of them could see you making more than just keeping your money in a savings account. Gambling your money away on sports and in casinos is an option. If you want to find a
Rivers casino bonus code, you could actually win big---but that probably isn't a viable longterm investment. It could still be a fun way to win, but might not be sustainable
Remember, these methods are unconventional. That means most of them are HIGH RISK. Don't ever invest money in high-risk instruments that you aren't willing to lose. The upside of these investment methods is that they could make you a lot more than standard investment methods, but they could also lose you more. That's something you need to be aware of before moving into them. Maybe keep MOST of your capital in low-risk investments while leaving a bit to speculate with? That could be a good plan.
1. Fine art
You might think you need a large sum to get started in the art world, but that isn't necessarily the case. Fine art has seen huge increases in recent years, and it's the go-to investment for many people. If you can't afford a high-end painting yourself, you can join an art investment fund and get a share of one. Or you could look at the lower end of the market for artists who haven't had a boom yet.
2. Staking a professional gambler
Did you know that some people actually make a living from gambling? These guys are experts, but they still need help with staking from time to time. That means you can "invest" in their profits by giving them money to gamble with, in return for some of their winnings. It's high risk, but it could work.
3. Cryptocurrency
You've probably seen how big cryptos like BitCoin have become in recent years. While you might have missed the BitCoin boom itself, there could still be money to made on other, smaller coins. Some of these haven't had their major market growth yet, and can be picked up for a few cents each. There are thousands of different currencies out there, and nobody really knows which one will take off next, but there could still be money to be made.