The Most Unusual Investments That Pay Off

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When you’ve exhausted stocks, bonds, and mutual funds, the next thing to conquer is alternative investments. From hurricane options to artificial intelligence, there’s plenty of interesting financial ventures you can make great returns on. The following are some unusual investments you should definitely take into consideration:

Space

Space isn’t just about rocket launchers, there are also areas such as transportation, technology, and communications to think about. As of the moment, a lot of the big players in this field are private, but there are plenty of smaller space companies to invest in. As of 2020, the space industry is currently valued at $400 million, but it’s predicted to become a $500 billion economy by the end of the century. There’s definitely plenty to look forward to in the future.

Hurricane Options

Hurricane Risk Landfall Poptions (HuRLOs) was developed by a Florida-based firm called Weather Risk Solutions. Traders can analyze at least 79 landfall possibilities representing different regions of the Gulf and Atlantic coasts which includes an option for no landfall. Once the hurricane makes landfall in the region that you invest in, you’re required to split the payment with other investors who also made a similar bet. This is a great option for you if you’re a weather aficionado or if you know your way around disaster markets.

Second Life

If you‘re fond of playing video games, you might have heard of a game called “Second Life.” The massive online virtual world allows you to create your own avatar, get a job, start a family, and buy digital goods using an in-world money system called “Linden dollars.” To date, it has over 900,000 to 1 million active users a month. The game has become so popular that Linden dollars actually has its own corresponding real-world value. This means that whatever you earn virtually, you can sell for real-life cash on sites like eBay. You can exchange in-game products and real estate for physical cash too.

artificial intelligence concept

Artificial Intelligence

Artificial intelligence includes robots, 3D printing, automation machines, and autonomous vehicles. This is an ideal investment opportunity if you’re tech-savvy and interested in a revolutionary and ever-expanding business. You’re bound to get significant returns over the long term. According to a report released by PricewaterhouseCoopers (PwC), the artificial intelligence economy is estimated to generate $15.7 trillion in global annual gross domestic product (GDP) by the year 2030.

Wine

Are you an aspiring sommelier or simply someone with a sophisticated palate? If you’re either of those things, you should definitely consider investing in wine. This is the best way to show off your comprehensive knowledge of the famous beverage since the more you know, the better your returns will be. It’s not an investment that just anyone can make. Most valuations rise depending on what area the wine came from (wines that come from Napa Valley, Bordeaux, Tuscany, and Burgundy generally net the best returns), what state the wine market is in, what exacting process was used for vinification, and what distinct qualities the grapes had.

If you’ve got some cash to spare and you want it to work for you, then consider throwing your hat in the ring for one of these unusual investments that’ll pay off in the long run.

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