Investing your money can be a risky yet thrilling experience that can either provide you with a healthy return, or eat through your savings like there’s no tomorrow. It’s vital that you can invest your money in the most effective, risk free manner if you’re going to stand any chance of receiving a profit on your efforts, but thankfully this guide contains a variety of the most valuable investment ideas that you can pursue to make a little more bang for your buck! So, if you’re interested in finding out more, then keep on reading. 

IMAGE CREDIT: https://www.pexels.com/photo/marketing-businessman-person-hands-6801872/

Jewelry & Watches 

Some of the best options that you can explore to invest your money in the most risk-free manner is by purchasing jewelry and watches. There are many different brands and artists who create ranges of stunning accessories that are sought after around the globe, many of which growing in value continually after purchase. Investing in something like a diamond necklace couple be the perfect introduction to profitable purchases, as a well-cared for diamond jewelry piece is almost certain to rise in value with each year that passes. Precious metal jewelry such as gold and platinum can be even more profitable, as the value of such metals continues to rise at a surprisingly fast rate. If bracelets and earrings aren’t really your thing, then exploring some of the many expensive watches on the market could be the perfect solution. Watches are so understated, as recognizable names such as Rolex and Patek Philippe grow massively in value, while starting an AP watch collection is like opening your own financial institution. You can invest huge amounts of money into jewelry and watches, and still manage to make a respectable profit on your purchases – the longer that you leave them, the more difficult they become to source, therefore boosting their value to unforeseen levels. Make sure you opt for items that are broadly attractive without being too niche, as you don’t want to have to spend years searching for a buyer when you finally come round to reselling your piece’s. 

Wine & Other Alcohol

If jewelry and watches aren’t really your thing then do not fret, as you can just as easily invest in wine, whiskey and other alcohol that improves with age! There are so many different alcoholic beverages that grow in value over time, as some bottles of red wine that date back to more than 50 years ago can sell well into the hundreds of thousands to the right buyer. You can stand to make masses of profit on such a purchase if you choose the right blends and brands, but this can be a bit more tricky than you might imagine. You need to source alcohol which stands the best possible chance of improving with age, and then the responsibility is on you to care for the bottle until it’s ready to be resold. Leaving your alcohol collection in the sun or in a damp location is more than enough to turn it sour and flush all of your money down the drain, so make sure you create a dedicated wine cellar that can act as the ideal environment for your bottles. Always take the time to add dates to your alcohol if you want to keep track of its age, as there’s no way that you can open and check the bottle without subsequently decimating its value. 

Consider Cryptocurrency

If you want a more modern investment option to generate your income, then why not consider cryptocurrency? Trading digital money has taken the world by storm in recent years, with many individuals making millions by investing in cryptocurrency online. You could easily cash in on this opportunity if you have the right technology and skills for the job, as it’s a complex investment opportunity that takes a little logic and planning to master. It’s important to note that there are a number of risks associated with crypto trading, so you need to keep your wits about you if you’re going to be able to generate a healthy income. Always take extra precautions to protect yourself when investing online, as unfortunately there are a number of sophisticated criminals lurking around every corner waiting to grab your wallet password and everything inside it. 

Getting to grips with the complex and rewarding world of investing has never been such a simple task when you can take the time to utilize some of the excellent ideas and recommendations that have been carefully described above!

Liked it? Take a second to support Geek Alabama on Patreon!

Here Is How You Can Try Your Hand At Stocks Here’s How You Can Use Technology To Become A Better Person In 2019 How Much Attention Do You Really Pay To The Road?