With the global economy these days being pretty shaky, it can be hard to know how to invest your money in a way that is likely to get you a good return. While no investment is a sure thing, there are definitely ways for you to invest without taking huge risks and that will have you feeling great about your financial security and your future. The following are some great ways to invest your money.
Still one of the best ways to invest your money is to buy property. If you can afford to leave your investment alone until the market is good, you are almost guaranteed to have the value of your property increase, especially if you buy in hot areas like real estate on the Sunshine Coast or anywhere in Tasmania. These areas are all still relatively inexpensive to buy in though prices are on the way up, so pick up your own piece of Hobart or Noosa real estate and you’ll be looking at a great return in the not too distant future.
If you know what you are doing, buying art as an investment can be one of the best ways to get a great return on your money. Get some advice from someone who knows and find out when the right auctions are taking place, as picking up a few pieces of art can prove to be quite the windfall if you get the right pieces.
One of the safest ways to invest your money is by buying the right wines and not drink them! Again you will want to get some advice on what’s good to buy and what ages well, though this is pretty easy to find out. Australia has some of the best wines in the world and if you go to the vineyards themselves you can often get really great deals, so maybe think about putting a cellar in your place and safeguarding what is a great investment in wine.
A lot of people have been scared off the share market after suffering huge losses over the past few years, though this has meant the price of a lot of stocks have become very, very cheap. If you can afford to wait out the tough times of the market, it is worthwhile buying up some shares now that they are cheap as the market is sure to rebound eventually and you may just make a small fortune off your investment.
This is one of those investments where you need money to make money and it will take quite a while for your return to come through, though if you can afford it, buying a quality collector’s car and keeping it in mint condition can be an excellent money earner. This kind of investment will probably benefit your kids more than you as by the time it is worth a lot you may not be around anymore, making it a great way to invest in your family’s future.