Do you want to diversify your portfolio without getting into the ups and downs of the stock market? Alternative investments can provide you with opportunities to grow your wealth while reducing your reliance on the traditional stock market.
Here are seven creative ways to invest beyond Wall Street:
1. Precious Metals
Gold and other precious metals have been trusted as stores of value for centuries. They act as a hedge against inflation and can provide stability during economic turmoil.
While gold is always a popular choice, you can also check out silver, platinum, or palladium. These physical assets can help protect your portfolio from market volatility.
Pro tip: Gold has been a trusted hedge against uncertainty for centuries. Learn more about visiting here.
2. Buildings
Investing in real estate is one of the most common ways to grow wealth outside of the stock market. Rental properties, commercial properties, or REITs (Real Estate Investment Trusts) allow you to generate income and capitalize on the property’s appreciation.
Crowdfunding platforms like Fundrise also make real estate accessible, even if you’re starting out small.
Pro tip: Another modern way to diversify is through real estate and venture capital. Companies like Fundrise offer both with investments as little as $10.
3. Annuities
Annuities are long-term investments that provide guaranteed income, usually for retirement. They are particularly attractive to those looking for a solid return without the volatility of the stock market.
By working with a trusted provider, you can plan an annuity to meet your financial goals.
Pro tip: Protect your financial future – check out annuities for higher income now and lifetime income.
4. Cryptocurrency
Digital currencies like Bitcoin, Ethereum, and other blockchain-based assets offer high-risk, high-reward opportunities. While the crypto market can be volatile, it has also become a popular avenue for diversification.
Do your research or consult a financial advisor before entering this rapidly changing market.
Pro tip: Buy, sell, and save hundreds of cryptocurrencies. Sign up and earn up to $200 in crypto today.
5. Peer-to-peer lending
The Peer-to-peer (P2P) lending platform connects investors with individuals or small businesses in need of loans. By acting as a lender, you can earn interest while helping others get money.
Popular P2P platforms often allow you to start with a modest investment and spread your risk across multiple borrowers. Or, you can work with a financial advisor to decide what makes the most sense for you, given your risk tolerance.
Pro tip: If you have more than $150,000 in savings, consider talking to a professional financial advisor. Zoe Financial is a free service that matches you with professionals in your area.
6. Fine Art, Wine and Collections
Investing in rare or valuable items such as fine art, wine, classic cars, or rare coins can bring good returns over time. These assets tend to appreciate as they age, making them good for long-term diversification.
Research is key to making sure you’re investing in real and valuable parts that align with your goals.
Pro tip: This may be a good time to consider investing in wine and whiskey. Vinovest can get you started with as little as $1,000.
7. Venture Capital
Investing in startups or private companies can be exciting and very profitable. Although these opportunities carry high risk, they also offer significant profit opportunities if the business is successful.
Many platforms now allow small investors to participate in venture capital, democratizing access to these high potentials.
Pro tip: Secure your investment by turning it into a real estate and business venture for as little as $10 with Fundrise.
Take Your Portfolio Beyond Wall Street
Equity investments offer ways to grow your wealth while diversifying your risk. These alternatives can provide growth outside of traditional markets, from real estate and annuities to collectibles and venture capital.
Start exploring new investment opportunities today and take your financial strategy to the next level.
Pro tip: If you have more than $100,000 in savings, get advice from a professional. SmartAsset offers a free service that matches you with a vetted, trusted advisor in less than 5 minutes.
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