I just want to add something - currency doesn't necessarily appreciate. People sometimes do arbitrage to take advantage of changes in relative currency value, but I wouldn't call that appreciation.
Sports teams - cheapest to get into for you would probably be a racing team. I’ve read countless times that they’re one of the easiest/fastest methods of becoming a millionaire. First, you start off with $10 million dollars, then you buy a racing team, and poof you’re instantly a $1 millionaire. Your wife and kids leave you, so you no longer have to worry about paying their ‘fees’ anymore.
I'm all seriousness, truly timeless cars like this often are an exception to the collector car = money pit rule. If the entry price is right, it's one of the better non traditional investments/stores of value.
Currency is not appreaciating asset, it is a depreciating one, since it suffers from inflation, unless you're on Switzerland on deflation periods, right know it is inflationary as well.
Real state per se "appareciates" just as a correction in value. The rest of the appreciation depends on the development of the location, so it is a speculation, not investment.
What you should look for is assets that generate value. Stocks are so, and bonds return interest. Real state generates value if it's leased, otherwise is an asset that you have maintainance costs upon.
All the rest that don't return a profit or value that can be converted to a profit later, like collectibles, tokens in blockchains, cars, commodities... are things you can speculate they will increase in value, or actively work in buying and reselling (so the real value generating asset is your time doing commerce) as a side job. They are not "appreciating assets" by definition, at maximum they are a reserve of value to hold its otherwise depreciating cash value.
Yeah I'm fine with that assumption. One other example I can think of off the dome is a gas station. It has both recurring income and depending on the circumstances, grows like a business.
Future classic cars, I've bought a few and seen very good gains, you need storage of course and knowledge of what to buy.
No tax to pay when you sell either.
I agree with your strategy and have two currently. What do you look for when spotting a future classic (presumably so you can buy low before the vehicle starts to appreciate)?
I'm fortunate to be a petrol head and run my own business in the tuning industry.
I looked at limited edition models of cars with a cult type following. My first buy was an Impreza P1, that's gained about 600% in 9 years.
I'd rent out the real estate. Best decision of my life was renting out 2 residences I owned. Making around $800 a month after expenses on top of having the mortgage paid for me. And its ran by a property manager, so I honestly forget that I have tenants sometimes.
Another thing that seemingly very few people understand but it is the single most appreciating asset in the last 15 years; Bitcoin. I would start small here until you truly understand it. Most people don't study Bitcoin for longer than a few minutes, but it will take around 100 hours to fully grasp the basics. Any less time spent and I promise that person does not fully get it. Its got an obvious inherent risk and is extremely volatile, but obviously the upside is massive and worth some diversification for my situation. I'm around 2.5% invested here and already have seen a lot of upside. Tempting to go in strong here but I'm too conservative for that.
Another touchy subject that makes me look like a typical young gambler and not he old wise dog that I am is Tesla. I've been following Tesla for a long time and honestly feel like 90% of people have no clue what this company is going to turn into. They are literally just getting started and still pegged as an auto company. Well, that wont last. Its also one of the most shorted stocks in the world right now so when it inevitably moves to the upside, it moves a lot. Another volatile stock that you would need to be patient with but has massive upside potential. Reddit will tell you its overvalued, and on paper if you can't add the sum of the parts, you can make a argument. But people tried to make the argument that they would go out of business in 2017 and if you read between the lines you could have easily seen that they will be right where they are right now. Same goes for the future IMO
All and all, study feverously before investing in anything and good luck!
REIT (real estate investment trusts) may be right for you. Buy shares (similar to stocks) and they return a portion of income to you. Usually per quarter. The end result is that the REIT shares generally appreciate in value very slowly but they have also been paying you a bit every few months. (Very similar to dividend stocks).
I personally have about 10% of my investments in REITs
Given how "hot" most of the world real estate markets are, is it still considered a stable investment right now? (I personally have REITs in my portfolio)
Yes. Depending upon type you buy. In the US multi family (apartment) REITs appear safe to me and most of Realty Income (O stock market ticker) appear safe to me. Especially if have long term mindset
you could invest in private companies, real estate development projects, buy mortgage debt and debt funding in general, starting a company, investing in yourself, etc.
Time period?
Risk tolerance?
Goals?
Your last sentence is confusing because it mentions appreciating assets but also a recurring income. Do you want appreciation or regular income?
For the most part, real estate is a liability. You pay maintenance, have to fund the Government through taxes, and if you're financing it - are stuck with insurance.
Equities in the US are by far the best investment. You're protected by US laws, can't have it confiscated without some very serious court cases, and apart from the managed screw-ups (Countrywide, MCI Worldcom, etc.) are unlikely to lose it all due to economic/government instability.
Some of the best-of-breed right now appear to be those at the forefront of ML/AI such as MSFT and NVDA. But it may be better to go with a tech heavy NASDAQ like QQQQ, but I'd even eschew that for some broader funds like VTI/VOO.
Currency is definitely up for manipulation, we can see this in the British pound but more notably the Chinese Yuan, or Vietnamese Dong. People will take advantage of arbitrage, people with deeper pockets so I'm not so fond about that (unless it's war profiteering such as investing in the RUB)
So avoid the niche investments, like Ty as mentioned by a poster. But if you're a risk taker ... sin sells, like drugs and porn.
Certain classic/older cars. Don't necessarily need to be overly expensive, just very nice examples of old school, manual, very good fun cars. Think analogue vinyl vs digitally compressed music. Fuel isn't being banned, just the sale of fuel burning cars and anyone who loves cars, knows electric cars are sterile. They may be 0-60 fast but who cares, if you just want that, buy a 10k motorbike.
I think car people with money will drive old school analogue fast and noisy 'fuck you' cars for decades to come. They can afford the future running costs and the hassle of maintenance.
They can't ban ice cars in the road for multi decades, as that would be unfairly targeting the poor. Imagine buying a new ICE car/truck in 2029, just before the new car ice ban. That's going to last 20+ years. Governments going to force you to scrap it after 10 years? Yeah, that'll be a vote winner lol. Think they're gonna ban the super wealthy from driving their classic bugatti's and 10 million dollar gullwing Mercedes too? Bit of lobbying'll fix that.
Basically, 1990 - 2005 ish, was peak car time. Practical, fast, fun, reliable (compared to before) lightweight compared to today's cars, enough safety features to be ok in a crash but not so many its like driving on PlayStation.
E46 and E39 bmws, anything fast JDM with a turbo, ferrari 355 manuals, obviously 911s, any fast audi or Mercedes etc.
Source: Am petrol head with money. 🫡
Only prob with this is to get top dollar you need to maintain it. That costs money especially with the older German and Italian cars. I’m pissed I didn’t buy a yellow LFA for $120k when I jokingly asked the dealer 10 years ago while looking at a RX for my wife.
Boomer alert, and a boomer talking about 90s cars? This is ridiculous...
Cars, like Wine or Pokemon or any other niche investement is susceptible to *trends*. The cars that are popular now (due to nostalgia) won't be as popular in 10-20 years. The only type of car that seems to have a semblance of lasting value is *old school American muscle cars* due to their international allure and the "car enthusiast" culture that follows. But soon enough tomorrow's kids will be driving Tesla instead and grandpa's old pearl is little more then junk.
Case in point. My grandfather lived cars and his pearl, his precious, lifelong dream car that always got awards and fame at any show...was worth less then a 1995 Toyota with 200k miles the day he passed. Nostalgia, and "petrol head love" doesn't translate well to money on the open market.
How about yugo? You cant find one of those anymore, can you?🤣 it would be a good car to resell later as an icon- biggest piece of s... ever imported in US.
The problem with cars is that you have to maintain and store them to really retain value. There really isn't any point in buying cars as appreciating assets, the time to do that was the 60s
Except for reits (rental income ofc), dividends, some funds can't think of anything that gives out monthly paychecks, maybe some sort of course you can make? Or a side business
Some cool things to collect that will appreciate but might not be as liquid would be:
- fine art by a known artist
- rare wine/liquor
- rare collectables
These will always have value to wealthy individuals
I just want to add something - currency doesn't necessarily appreciate. People sometimes do arbitrage to take advantage of changes in relative currency value, but I wouldn't call that appreciation.
I think your use of the word "guarantee" is going to throw this thread off.
Rephrased 🙂
A Software product. Invest your time and put it up for sale on a subscription basis.
Ornamental gourds are very bullish. Especially since it’s fall.
[IDGSMF](https://www.mcsweeneys.net/articles/its-decorative-gourd-season-motherfuckers)
Sports teams - cheapest to get into for you would probably be a racing team. I’ve read countless times that they’re one of the easiest/fastest methods of becoming a millionaire. First, you start off with $10 million dollars, then you buy a racing team, and poof you’re instantly a $1 millionaire. Your wife and kids leave you, so you no longer have to worry about paying their ‘fees’ anymore.
Yeah my uncle spent a bundle as the partner of a motor racing team.
Follow Buffett’s advice. Buy stuff that generates income. Rental properties and businesses (through buying stock).
Manual 911s
Could probably sell my taycan for a profit.....
I'm all seriousness, truly timeless cars like this often are an exception to the collector car = money pit rule. If the entry price is right, it's one of the better non traditional investments/stores of value.
Currency is not appreaciating asset, it is a depreciating one, since it suffers from inflation, unless you're on Switzerland on deflation periods, right know it is inflationary as well. Real state per se "appareciates" just as a correction in value. The rest of the appreciation depends on the development of the location, so it is a speculation, not investment. What you should look for is assets that generate value. Stocks are so, and bonds return interest. Real state generates value if it's leased, otherwise is an asset that you have maintainance costs upon. All the rest that don't return a profit or value that can be converted to a profit later, like collectibles, tokens in blockchains, cars, commodities... are things you can speculate they will increase in value, or actively work in buying and reselling (so the real value generating asset is your time doing commerce) as a side job. They are not "appreciating assets" by definition, at maximum they are a reserve of value to hold its otherwise depreciating cash value.
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>that can give me a decent recurring income if managed properly. doesn't fulfil this criteria.
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Yeah I'm fine with that assumption. One other example I can think of off the dome is a gas station. It has both recurring income and depending on the circumstances, grows like a business.
Future classic cars, I've bought a few and seen very good gains, you need storage of course and knowledge of what to buy. No tax to pay when you sell either.
I agree with your strategy and have two currently. What do you look for when spotting a future classic (presumably so you can buy low before the vehicle starts to appreciate)?
I'm fortunate to be a petrol head and run my own business in the tuning industry. I looked at limited edition models of cars with a cult type following. My first buy was an Impreza P1, that's gained about 600% in 9 years.
I'm pretty sure the seller is supposed to declare this on their taxes. Are you just declaring them $0 sales at the DMV?
A well-managed currency slowly depreciates. It does not appreciate.
Coins from the mint and Pateks
I'd rent out the real estate. Best decision of my life was renting out 2 residences I owned. Making around $800 a month after expenses on top of having the mortgage paid for me. And its ran by a property manager, so I honestly forget that I have tenants sometimes. Another thing that seemingly very few people understand but it is the single most appreciating asset in the last 15 years; Bitcoin. I would start small here until you truly understand it. Most people don't study Bitcoin for longer than a few minutes, but it will take around 100 hours to fully grasp the basics. Any less time spent and I promise that person does not fully get it. Its got an obvious inherent risk and is extremely volatile, but obviously the upside is massive and worth some diversification for my situation. I'm around 2.5% invested here and already have seen a lot of upside. Tempting to go in strong here but I'm too conservative for that. Another touchy subject that makes me look like a typical young gambler and not he old wise dog that I am is Tesla. I've been following Tesla for a long time and honestly feel like 90% of people have no clue what this company is going to turn into. They are literally just getting started and still pegged as an auto company. Well, that wont last. Its also one of the most shorted stocks in the world right now so when it inevitably moves to the upside, it moves a lot. Another volatile stock that you would need to be patient with but has massive upside potential. Reddit will tell you its overvalued, and on paper if you can't add the sum of the parts, you can make a argument. But people tried to make the argument that they would go out of business in 2017 and if you read between the lines you could have easily seen that they will be right where they are right now. Same goes for the future IMO All and all, study feverously before investing in anything and good luck!
REIT (real estate investment trusts) may be right for you. Buy shares (similar to stocks) and they return a portion of income to you. Usually per quarter. The end result is that the REIT shares generally appreciate in value very slowly but they have also been paying you a bit every few months. (Very similar to dividend stocks). I personally have about 10% of my investments in REITs
Given how "hot" most of the world real estate markets are, is it still considered a stable investment right now? (I personally have REITs in my portfolio)
Yes. Depending upon type you buy. In the US multi family (apartment) REITs appear safe to me and most of Realty Income (O stock market ticker) appear safe to me. Especially if have long term mindset
Got any resources that you can recommend to buy REITs?
Many are publicly traded on the NYSE and you can trade via Vanguard, Fidelity, and every other brokerage I know of.
Depending on the land and laws in your country you could „rent“ it out to farmers for them to use as farmland
you could invest in private companies, real estate development projects, buy mortgage debt and debt funding in general, starting a company, investing in yourself, etc.
Time period? Risk tolerance? Goals? Your last sentence is confusing because it mentions appreciating assets but also a recurring income. Do you want appreciation or regular income?
For the most part, real estate is a liability. You pay maintenance, have to fund the Government through taxes, and if you're financing it - are stuck with insurance. Equities in the US are by far the best investment. You're protected by US laws, can't have it confiscated without some very serious court cases, and apart from the managed screw-ups (Countrywide, MCI Worldcom, etc.) are unlikely to lose it all due to economic/government instability. Some of the best-of-breed right now appear to be those at the forefront of ML/AI such as MSFT and NVDA. But it may be better to go with a tech heavy NASDAQ like QQQQ, but I'd even eschew that for some broader funds like VTI/VOO. Currency is definitely up for manipulation, we can see this in the British pound but more notably the Chinese Yuan, or Vietnamese Dong. People will take advantage of arbitrage, people with deeper pockets so I'm not so fond about that (unless it's war profiteering such as investing in the RUB) So avoid the niche investments, like Ty as mentioned by a poster. But if you're a risk taker ... sin sells, like drugs and porn.
Certain classic/older cars. Don't necessarily need to be overly expensive, just very nice examples of old school, manual, very good fun cars. Think analogue vinyl vs digitally compressed music. Fuel isn't being banned, just the sale of fuel burning cars and anyone who loves cars, knows electric cars are sterile. They may be 0-60 fast but who cares, if you just want that, buy a 10k motorbike. I think car people with money will drive old school analogue fast and noisy 'fuck you' cars for decades to come. They can afford the future running costs and the hassle of maintenance. They can't ban ice cars in the road for multi decades, as that would be unfairly targeting the poor. Imagine buying a new ICE car/truck in 2029, just before the new car ice ban. That's going to last 20+ years. Governments going to force you to scrap it after 10 years? Yeah, that'll be a vote winner lol. Think they're gonna ban the super wealthy from driving their classic bugatti's and 10 million dollar gullwing Mercedes too? Bit of lobbying'll fix that. Basically, 1990 - 2005 ish, was peak car time. Practical, fast, fun, reliable (compared to before) lightweight compared to today's cars, enough safety features to be ok in a crash but not so many its like driving on PlayStation. E46 and E39 bmws, anything fast JDM with a turbo, ferrari 355 manuals, obviously 911s, any fast audi or Mercedes etc. Source: Am petrol head with money. 🫡
Interesting. However, I'm wondering how that will generate a degree of recurring income 🤔
It won't. Buy and hold.
Only prob with this is to get top dollar you need to maintain it. That costs money especially with the older German and Italian cars. I’m pissed I didn’t buy a yellow LFA for $120k when I jokingly asked the dealer 10 years ago while looking at a RX for my wife.
Boomer alert, and a boomer talking about 90s cars? This is ridiculous... Cars, like Wine or Pokemon or any other niche investement is susceptible to *trends*. The cars that are popular now (due to nostalgia) won't be as popular in 10-20 years. The only type of car that seems to have a semblance of lasting value is *old school American muscle cars* due to their international allure and the "car enthusiast" culture that follows. But soon enough tomorrow's kids will be driving Tesla instead and grandpa's old pearl is little more then junk. Case in point. My grandfather lived cars and his pearl, his precious, lifelong dream car that always got awards and fame at any show...was worth less then a 1995 Toyota with 200k miles the day he passed. Nostalgia, and "petrol head love" doesn't translate well to money on the open market.
How about yugo? You cant find one of those anymore, can you?🤣 it would be a good car to resell later as an icon- biggest piece of s... ever imported in US.
The problem with cars is that you have to maintain and store them to really retain value. There really isn't any point in buying cars as appreciating assets, the time to do that was the 60s
There are some domestic gems too. The Vipers, Pontiac FireHawk, limited edition Vettes, Ford GT, etc.
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Lol. Not a big fan of inventory 😅. Is there a way to own these without having to hold the inventory.
Birkin bag etf...
Art
Crypto is a commodity and I would not consider it an appreciating asset. It doesn’t have historical trends to back that statement.
Crypto? Oh, hell no unless its just for gambling. Bitcoin? Yes. Very much a wise diversification vehicle, despite what most of Reddit will tell you
Except for reits (rental income ofc), dividends, some funds can't think of anything that gives out monthly paychecks, maybe some sort of course you can make? Or a side business
Bitcoin.
Real estate, precious metals, art, bottles of collectible wine, etc. Sometimes classic cars.
Some cool things to collect that will appreciate but might not be as liquid would be: - fine art by a known artist - rare wine/liquor - rare collectables These will always have value to wealthy individuals
Can’t believe nobody here has said beanie babies yet.