Meta Description: Saved enough money but not sure where to invest it? Keep on reading about the 10 overlooked investments that could be your ticket to wealth.
Nowadays, investing is not limited to buying a property, which means paying for mortgage loan in Utah and other associated costs. With the right investment, you can make a lot of money without breaking the bank. However, many people are still not sure where to invest their money.
There are a lot of investment options out there, and it can be tough to decide which ones are right for you. But if you’re looking for potential investments that could provide serious returns, here are 10 overlooked investments that could be your ticket to wealth:
- Real estate crowdfunding
Real estate crowdfunding platforms like RealtyMogul and Fundrise offer investors the opportunity to invest in a variety of real estate projects, from residential properties to commercial buildings. And because the platforms are open to accredited and non-accredited investors alike, anyone can get started with as little as $500.
Peer-to-peer lending platforms like LendingClub and Prosper allow investors to lend money to borrowers in need of a loan. And because the loans are typically for smaller amounts and have shorter terms than traditional bank loans, they can offer higher interest rates — which means higher returns for investors.
- Micro-investing apps
Micro-investing apps like Acorns and Stash offer a simple way for investors to get started with investing, without having to commit a lot of money. And because the apps invest your money in a variety of different securities, you can diversify your portfolio without having to do a lot of research on your own.
Initial coin offerings (ICOs) are a new way for startups to raise capital, by selling digital tokens in exchange for investment. And because ICOs are still relatively new, there’s a lot of potential for growth in this area.
Investing in cryptocurrency is another way to get in on the ground floor of a potentially explosive market. And because there are a variety of different cryptocurrencies to choose from, investors can diversify their portfolios and reduce their risk.
Cannabis is one of the hottest investments right now, as more and more countries legalize the use of marijuana for both medical and recreational purposes. And with the global market for cannabis expected to reach $146.4 billion by 2025, there’s ample opportunity for growth in this sector.
Investing in art can be a great way to diversify your portfolio and potentially secure some serious returns. And because the value of art tends to appreciate over time, it can be a wise long-term investment.
Collectibles like coins, stamps, and sports cards can be a great way to invest in something you’re passionate about. And because the value of collectibles can fluctuate based on supply and demand, there’s the potential for big profits if you choose wisely.
Wine is another collectible that can offer investors the potential for big returns. And because the value of wine tends to increase with age, it’s a great option for long-term investors.
Investing in venture capital is another way to get in on the ground floor of some potentially game-changing companies. And because venture capitalists typically invest in companies that are in their early stages of growth, there’s the potential for big returns down the road.
Investing can be a great way to grow your wealth, but it’s important to do your research and choose wisely before putting your money into any one investment. By diversifying your portfolio and investing in a variety of different assets, you can minimize your risk and maximize your chances of success.
Do you have any other overlooked investments to add to the list? Let us know in the comments below!