Innovative Investments

The word investment often makes us think of large sums of money invested in the stock market or property. However, we don’t always need lots of cash to start to build ourselves a return. Sometimes, starting small and with something, we are really passionate about could lead to a larger return of investment. So if you think that you would like to make your savings work a little harder, here are some creative investments that are achievable with any budget. 

Investments

If you are a wine lover, then why not consider making an investment in a vineyard or buying some bottles of wine to store away and sell at a later date. You can’t just pop to your local off licence and buy something you fancy off the shelf. You’ll need to understand the current trends and get to know the market. There are lots of sites on the internet that can help advise you of attractive propositions in the wine world right now. You can also find companies that offer an angel investment. This is where you put some money in each month, and they invest this on your behalf into a local vineyard. At the end of the year you can either take out your cash or, you could accept delivery of wine produced specifically for you. 

If you want to go down a more traditional route, you could consider becoming a dividend growth investor. You will research companies to find those with a track record of growing dividends and then build your investment portfolio around that. This can be more reliable than traditional trading, and the idea is that you keep hold of your portfolio for longer, meaning it will grow each year and deliver a more significant rate of interest than traditional savings. 

Alternative Investment

Over the years, classic cars have been an attractive alternative investment. There are now traders searching out vehicles from all over the world, particularly places like Japan. It can be hard to get into classic car investment; however, there are some great future classics which are available to buy without too much travelling. You need to look at the iconic cars of the last 10-15 years which are now at low prices. Not every car will make it to classic status, so make sure you do your research on trends. This can be an enjoyable way of investing money particularly if you take on a restoration project, and you may even end up with a fun car to drive for a few years while the market and interest grow. 

Art is another creative investment. While this isn’t a new idea, it is one that is just as in fashion today as it ever was. You will need to have an understanding and passion for art, if you have a low budget then getting out to galleries and meeting new artists on the scene might help you find the next Banksy. Make sure you only buy art that you love, you don’t want to make a bad investment in a painting that you absolutely cannot stand. That would be like a double fail! 

Investment doesn’t have to be boring. So whatever budget you have, get out there and make your money work for you.