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There are many ways to invest your money and not all of them involve the stock market. If you are trying to avoid the market for personal reasons or simply want to keep things interesting and play around with your money a bit, there are certainly some very unusual ways that you can invest in your future.
Starting Out
While you may not want to invest your entire life’s savings using any of these methods, you’ll still want to have a respectable sum to work with. Tie up any loose financial ends you may have by speaking with a private lender who offers low interest loans. You can save money on your monthly expenditures and use the leftover money to do the investing.
Invest in Art
When most people think about the world of fine art, they probably think of snooty people with cigars and snifters of brandy. However, the average person can now invest in expensive art as well. There are companies that pool smaller amounts of money into large amounts of money and buy pieces of expensive art. By doing this you get the benefits of owning something that is worth a lot of money, even if it isn’t the entire thing.
Tax Liens
While this may be viewed as taking advantage of someone’s unfortunate situation, it really isn’t. This method consists of buying tax liens from the local government and profiting from the interest that needs to be paid back before the lien is lifted. The lien already exists and someone is going to make money from it, why not you?
Royalties from Music
That’s right, you don’t have to actually write music to make money from it. Many artists or publishing houses allow individual investors to purchase a percentage of the rights to the song. You then make money from royalty payments as long as the copyright is valid. This is typically 99 years after the author has died. So not only can you profit from the music, but you can pass it on to your family as well.
Buying Land at Auction
You can get land for cheap when you buy at auction. However, we aren’t talking about local auctions that feature mainly expensive or over-priced real estate. You can actually buy land for cheap on internet auction websites. The catch is the land isn’t typically in places that are all that desirable. However, that doesn’t mean the land won’t go up in value in the future, after all there’s a reason why the old saying says to buy land because they’re not making any more of it.
Hurricane Risk Options
Yes, you can basically bet on where a hurricane will fall on either coast. Just as with any other kind of options, Hurricane Risk Landfall Options are a way to make vast amounts of money which also carry a considerable amount of risk. However, if you have money that is a bit expendable, you may want to consider this type of investment. The return on investment can be quite handsome, even if that initial investment is on the smaller side.
