5. Wine
The popular saying, “Wine age better with time,” has been phrased for a reason. When it ages well, the value of the wine understandably increases. In fact, several analysts even claim that numerous blue-chip wines have been better performers than stocks in the market. Wine also holds a steady position with the Dow Jones Industrial Average. The best chance one has at making profits off of wines is if he invests in top wines with unparalleled vintages. Of course, one must also store them well.
6. Toys
Investing in toys might seem a tad bit off but if you happen to possess stuffed bears made by Margarete Steiff, you can be $10,000 richer. The toy business is a relatively difficult market to predict as things that are in the rage today might not be sought-after after a couple of years. Do Beanie Babies ring a bell? Like comics, toys need to be in impeccable condition to hold value. You can be on the top of the game if you keep up on trends and browse through antique stores, tag sales, and flea markets. Since, we love you, here’s a free tip for you: Toys aren’t meant to be played with!
7. Rare Books
Here’s an impromptu fact for you! A first British edition of “Harry Potter and the Philosopher’s Stone” fetched an astounding $18,000 at an auction in 2007. Here’s another fact for you! Author, James Joyce, sold some valuable papers to the National Library of Ireland in 2002 for $11.7 million. So, your investments need not necessarily be directed towards old classics. Modern authors can also command a handsome paycheck. The best places to find rare books are at auctions and book dealers. First editions, autographed books, and popular old classics are your best bet at accumulating profits upon sale.
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