Every business needs a back-up option, in case of serious earthquakes on the financial market. Keeping all the money necessary for your business operations on your bank accounts is a bad choice, because it could lose its value overnight. Instead of exposing years of their hard work to such risks, every businessperson should consider investing in different tangible goods that will keep the value of the invested money.
A successful entrepreneur does not collect wines only to show off. Exclusive wines serve as great keepers of your money. There are always other entrepreneurs or wine lovers who want to buy some of the wines that you have. It is a very lively market and it is definitely one of the most stable ones, meaning that every bottle made from exquisite wine sorts will always have their audience. If you need a recommendation, you can never miss with some older sorts of Bordeaux wines, like Cheval Blanc.
Money wrapped in comics
It is interesting how some fun-oriented products can reach a value of an artistic work. One of such product groups are comic books. Thanks to the renewed popularity they have reached recently, due to the hype created by a series of movies based on classic comics, today some older comic books can have a pretty high price. For instance, The Action Comics No.1 was a hit a few years ago, when it reached the price of $325,000 at an auction. So, if you want to give your money a new, safer form, go for classic comic books.
Watches keep an eye on your money
The watch is a symbol of maturity and status. Hundreds of millions of dollars are invested in watch marketing every year. You do not have to have a brilliant mind to realize that this market encourages people to invest, especially when it comes to older watches. Of course, not all of them are worth millions of dollars, but most of the 19th century models keep a fine price. Also, the rise of the hipster culture has produced new interest in old watches, which is another great reason to invest in old watches.
Gold in its pure form
Gold is always a great choice for keeping your money alive, but trends have changed over the last few years. Earlier, the most popular forms of gold were jewellery items and coins. However, with the development of the global gold market, more and more people started trading gold, which increased the number of cons and impure gold pieces. So, today smart investors buy 100 oz gold bars, to ensure that they have bought gold in its purest form.
Old books as modern safes
Two or three centuries ago books were printed in a limited number of copies. The technology was much different back then and it caused such business limitations. But thanks to such business trends back then, today some of those old editions might be pretty expensive. This is why investing in classic, rare editions of well-known books is another interesting and practical way of turning your money into valuable possessions. Read more about the worth of first or rare editions here.
Making a lot of money is great, but if you do not give that money a nobler form, it could become useless. So, instead of wasting it on worthless, short-term pleasures, invest it in valuable items.
via Dan Radak
Dan Radak is a web hosting security professional with ten years of experience. He is a coauthor on several websites and regular contributor to BizzMark Blog. Currently, he is working with a number of companies in the field of online security, closely collaborating with a couple of e-commerce companies.