With so much concern over the state of the economy at the moment, most people are keen to find somewhere or something safe to invest their money in. Trust in banks is at an all time low and keeping your money under your mattress is a bit of a waste. There are a number of things which will not only be a safe investment, but will in most cases make you money in the long run. Here are 5 of the best.
Gold Bar
Gold is the top performing investment in the last 10 years having seen its price rise 277% over the course of the decade. Buying gold is one of the safest bets you can make not only because it is a highly prized material, but because it is solid and can’t be smashed like a Ming vase.
Painting of a Boat
While a bit more breakable than gold, with the right security, art is something which when you invest in it wisely will only ever increase in value as time goes on. Plus it looks great. Unless you are an expert in art, you should seek the advice of an art dealer and make the right choice for you. Remember, you don’t even have to like it because it is an investment.
Conservatory
Making additions to your home can be a safer bet than buying new property. With the housing market yo-yoing around the place, you never know when your new house you just spent hundreds of thousands of pounds on, will plummet n value. However, by sticking where you are and steadily adding value to your own property, you can sit on a steadily growing investment and wait for the perfect time to sell, it’s a great time to look into conservatories. In the same vein, other housing improvements are also worth making. Double glazing repairs or roofing repairs will all benefit the value of your house.
Share Portfolio
Now shares is a tricky one as it can feel like a jungle of numbers and acronyms ready to bite you in the behind. But with the right financial advisor on your side you can float your cash onto the market and watch as it rises and falls like the tide waiting for you to sell when it’s at a peak. Shares in gold are almost as safe as gold in your safe.
Friends
Sounds like a sentimental addition, but by making sure you invest time and effort into your friendships they can prove to be worth more to you than any lump of metal. Friends can give you opportunities, friends can get you out of trouble, friends can help you when you lose all your money and provide more security than any safe in the world.