Investments are a fantastic way to make life more exciting and earn some cash on the side, but today we won’t talk about the standard Wall Street business guy. Today we’ll talk about weird investments that actually work and how people came across such wonderful opportunities.
#1: Self-Storage Units
In a world where most of the urban dwellers move from one place to another every several years, the idea of self-storage units is absolutely brilliant! People went crazy in purchasing them and the companies that were smart enough to see the opportunity made a pretty nice profit.
This investment continues to be profitable all over the world as it offers people a safe place to store their stuff for an undetermined amount of time. Furthermore, if a tenant forgets to pay the rent, the owner has the right to burst it open and sell the content to the highest bitter (an activity that stands at the basis of a very popular show in the US).
In conclusion, owning self-storage units is a simple and lucrative investment (even though a bit weird).
#2: Vintage Ferraris
If you’ve ever owned a Ferrari, you understand how charming this can be! So, it’s no wonder that some people actually decided to invest in vintage models, from the 1950s and 1960s. While the money won’t move very fast, each car sold will pump funds into the owner’s accounts.
After all, a 1967 Ferrari GTB NART Spyder went for $27.5 million and others that are not as famous usually go for about 10 to 20 million dollars!
Of course, many people invest in expensive or classic cars, but the oddity of this particular case is the fixation on vintage Ferraris. As you can imagine, there are not that many investors all over the world, which makes for a very exclusivist club.
#3: Personalized License Plates
These go hand-in-hand with the vintage cars investment, with the difference that more people can weigh in. Personalized plates are not a new thing, but they did start a beautiful and exciting niche where people spend tons of money on specific combinations.
For instance (speaking of Ferraris), the plate reading ‘25O’ was sold for over 500,000 pounds and is currently displayed on a 10 million Ferrari 250 GT SWB! As you can imagine, if the owner ever decides to sell the plate, he will make a nice profit as number plates such as this one only increase in value over time.
Actually, the niche of personalized plates attracts plenty of people looking to get a witty combination for their car. Some do it to show off, others to promote a business or a personal brand, but the baseline is that it works.
If you’re not yet convinced, check this website and have some fun looking for fun combinations for your car. We can promise that you’ll be hooked up in a matter of seconds!
#4: Vintage Stamps
The world seems to go crazy after everything vintage, so why not try investing in stamps. Actually, this is a hobby that takes a lot to develop and cater, but it can be quite lucrative in the long run, if you had the luck to find some rare pieces.
For instance, one 1867 9d pale straw stamp produced a three-year return of 26%, while a similar one from 1830 produced 23.7%! While it’s true that not all collectors will be as lucky, some stamps are quite valuable.
Just as with stamps, the older or rare the coin, the more expensive it will be. So, if you have a habit of finding rare and old coins, you should make sure to keep them in pristine condition!
A good example of a rare and highly-productive such coin is a 1559 British coin that had a one-year return of 27.3%. Of course, it’s just as important to have the right documentation so you can prove the origins of each coin.
As you can see, there are other investment niches that can bring quite a nice profit besides industry, agriculture, and new technologies. They may be weirder and less popular, but if you stick with it, the return of investment is usually pretty satisfying.