If NFTs are Too Boring…Invest in Dinosaur Bones, Wine & Video Games
When I was growing up Stock & Bonds were what rich people did with their money. They used it to make more money and buy more stocks & bonds. I still don't understand it.
Now anyone can invest their money in things like NFTs or cryptocurrency and make a ton of money off of a computerized picture that looks like it was made in 1985 on a printer that was way too loud. Needless to say I don't understand it.
But if you want a portfolio that's actually COOL, why not invest in dinosaur bones and video games? I don't understand it...but it might be cool at least.
Dealspotr posted about a whole new group of "alternative investing" websites and apps that have come out over the past few years. They say these let you invest your money in cool, hip things that gain a lot more value than old school investments.
1. Vint.co is a place where you can invest in rare wines . . . where the prices have tripled since 2006.
3. Republic.com lets you invest in video games before they come out, giving you a piece of the action as people buy them and play them.
4. Masterworks.io turns you into an art investor . . . they buy famous works of art, you buy shares, and then you get a cut when those works sell in the future.
If you're interested in trading cards, real estate, farmland, sneakers, or even supply chain financing...you only need a few hundred dollars to get going. But only play with what you can afford to lose. Don't be a dummy and blow the mortgage.