If you’re like many people, you want to make as much money as possible. To do so, you may be thinking about making some investments. However, you’ve probably assumed this will require you to invest in the stock market, which is not necessarily true. If you are ready to go off the beaten path and try some other unconventional investment methods that may pay off in surprising ways, here are some options you should consider.
Your Favorite Songs
Yes, investing in your favorite songs may be your ticket to wealth. Since songs are always used in television shows, movies, and especially commercials, you can actually buy shares of songs at auction that will allow you to receive a percentage of the royalties they earn. If you think this is nuts, consider the fact that the theme song from the TV show “The Monkees,” which originally aired in the 1960s, still to this day brings in well over $10,000 per year in royalties.
With more and more investors, the idea of buying cryptocurrency is gaining quite a bit of attention. If you are part of this group, you may want to explore how to buy bitcoin online. While originally something that seemed to be on the fringes, cryptocurrency is now becoming a more accepted form of payment with some credit card companies and even Amazon, so it may be worth considering.
A Piece of a Painting
If you think you’ve always had an eye for fine art and want to get in on the action in terms of investing, you can get together online with others in similar financial situations and invest in museum-quality pieces of art. Through such sites as Masterworks, you and other investors can pool your money and buy artwork that may be very valuable. If you do, the company claims many investors can see a return on their investment that exceeds 10 percent per year.
Lesser-Known Real Estate
Should you have a desire to own a piece of the good Earth, you can make online investments in lesser-known but potentially valuable pieces of real estate. By going on such common sites as eBay, you can buy land for very cheap prices. However, some of the land may be located in such spots as Death Valley. Yet who knows, if the U.S. government or someone else someday needs a piece of land there, they’ll have to make you an offer.
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Like any investment opportunity, think things through before you act. However, by taking a chance at these or other opportunities, you may become much wealthier than you ever dreamed.