Playing the stock market and managing money is hard and risky! In addition to or in replace of standard investments such as savings and bonds, there are many practical and collectible investments you can make to secure a better future for your family. Here are a few.

Classic and Vintage Cars

Maybe not for everyone, but classic cars are a genuine investment you can make, and they are more tangible than financial management. There is a healthy market for classic and vintage cars, and you don’t even need to be an expert. You can, for example, buy a classic Porsche and hold on to it. No matter its condition, certain models will appreciate in value so long as they don’t get worse. Collectors will even buy so they have the chance to restore and sell them along.

Pop Culture Collectible Investments

Not all collectibles are for the rich, famous, or elite. You may not be able to buy a Patek Philipe watch, but you can buy a comic book. And why not? A perfect Superman #1 sold for $5.3 million in April 2022. Today, pop culture items are worth a lot of money, so consider some of these:

  • Video games are becoming a highly collective product thanks to high-profile sales.
  • Comic books became super collectible in the 80s but relied on mint-quality items.
  • Toys capture nostalgic feelings for many people and are becoming highly collectible.

A modern limited run of comic books could be worth a lot of money in a few decades. And as video games switch to digital, there is a healthy market for mint-condition physical copies.

Luxury and Unique Watches

Watches are considered luxury items as they get more expensive and are highly collectible. One of the reasons is they are made to last. Theoretically, a high-quality watch should never die, as the mechanisms are designed to keep going! But that doesn’t mean every watch is sought after. Elite brands such as Patek Philipe are highly collectible. However, limited editions from Rolex and even Omega can also be worth a high price as long as they are in great condition.

Alcohol Collectible Investments 

Collecting alcohol is a risky investment strategy because it depends on a few things. You need to understand how alcohol, such as wine, is made and how it ages. However, you also need to know about the vintage years, brand history, and even cask strength. So, keep these in mind:

  • The brands such as Caroni, Remi Martin, and Macallan typically dictate quality.
  • An older bottle is usually rarer and is, therefore, more likely to be collectible.
  • Limited editions are highly sought after because there are not typically many.
  • Cask-strength products are bottled as they are coming out, so they are in more demand.
  • A bottle with historical significance can fetch much more than a standard counterpart.

When you collect alcohol such as wine, port, and cognac, there is a learning curve. To get the best from this, you need to become an expert to ensure you buy the right ones.

Art from Famous Painters

This is an obvious one, but it is out of most people’s range. However, if you can afford to invest in art from famous painters, it can pay off massively in the long term. And when the artist passes away, well… Morbid jokes aside, this is also risky as the art world is brimming with fakes. Even then, some fakes can be worth a lot of money! Ask yourself, if an artist can fool the best experts in the world, who really is the master? Something to ponder before making an investment!

Collectible Investments in Sports

Collectors love sports items because they usually have some historical significance. But even baseball cards are collectible. Fewer than 60 Honus Wagner T206 baseball cards have been authenticated, with one selling for $7.25 million in 2022. Consider these before collecting:

  • Decide what memorabilia you want to collect and focus on learning all about it.
  • Determine the budget you have and use it as a guide for collecting items.
  • Research all you can about the niche you choose and how to spot fakes.

There are many niches in sports collections, and you can actively trade without waiting for them to increase in value. This makes memorabilia an attractive niche because you can see results.

Vintage Stamps and Coins

What if you had a Penny Black? Well, you would probably be rich since it is one of the most sought-after stamps. And what about a Liberty Head nickel? This is among the rarest American coins. Stamps and coins might seem like a boring hobby. However, while most appreciate the design and beauty of these simple objects, some collectors also understand their value. Collecting these is one of the easiest, but you must learn how to spot the many fakes.

Summary

Vintage and classic cars are collectible investments that can add up to a lot of money for your family’s future. Of course, alcohol like wine and cognac can also appreciate in value a lot. For something simpler yet also historical, you could consider collecting stamps or coins.

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