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Wherever you look, if you ask about investments, you will probably be told to plow your money into stocks and shares. Think of bonds. Look at what you can do if you buy some cryptocurrency such as Bitcoin.  However, there are many things you can invest in that you don’t need an in-depth knowledge of the financial markets.

There are many more substantial and tangible ways to invest your money. We are going to look at just a few of them in this article.

Shimmer and Shine

Gold is a fashionable option for people who want to buy something tangible that continues to hold value pretty well. Although it might look like precious metals are not too reliable in price, it just is not true.   Apart from having the bonus of being something you can touch – which stocks and shares do not have, it can also be bought in smaller amounts if that is all that your budget allows for. It is also extremely liquid, so it can be exchanged for cash quickly if needed.

Diamonds and other precious gems are worth some investigation here as well. Some types of diamonds have a higher value than several other types of investments. There are a few ways you can invest in these beautiful gems, purchase them from a company that has loose diamonds instock, or purchase the shares of diamond mining companies, or invest in diamond funds. What makes diamonds different from gold is that, while gold can be measured and priced at the current rate, each diamond must be priced individually. It is an exciting investment, and once you know what makes a large or rare diamond, you will enjoy the thrill. Just be careful not to inadvertently invest in a blood diamond – mined in war zones in poor conditions with proceeds funding conflicts.

Bricks and mortar

For as long as there have been houses, there have been people who buy them, repair them and sell them on for a lot more than they have paid. If you like to get intensively involved in projects and either has a lot of time or a lot of money, you might want to flip houses and property.  You can pick up a starter project at an auction, but do some property analysis because sometimes they come up with a lot more issues than the advertisement would imply. Every now and then, the prices of real estate surges, and when that happens, even the smallest of investment properties will see a healthy profit.

Collectables

This can be a little hit and miss – some will pay off, others won’t. Before you sink your cash into a collection, do your research to see if it will be worth it long term. This could be stamps, fine wine, art, or even toys. 

Preferably,  choose something that you already know a bit about or that you already have an interest in – it’s easier to learn about something that you love. Whenever you can make sure that you get verifiable evidence that the item you are considering buying has a certificate of authenticity with it – this will make it easier and more valuable when it comes to resale.

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