Trying to make a little extra cash?
Some big yet simple purchases have a chance to increase in value with enough time. While nothing is guaranteed, investing in one of them now could prove to be a smart decision down the road.
So, if you're looking for ways to build wealth, check out these eight investments that might bring you a good return in the future.
Stocks are some of the best long-term investments. History is no guarantee of future success.
Still, millions of people who have invested in stocks in the past have grown their wealth over time. Going back to 1926, the S&P; 500 has returned an average of about 10% per year.
Not sure where to start? Consider seeking the advice of a trusted financial advisor. Working with a professional can help you discover the right options for your life circumstances.
Get up to $700 with this investing account
With J.P. Morgan Self-Directed Investing, you can get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. Their powerful tools and resources are built to help you take control of your investments, and you can buy and sell stocks online or with the Chase Mobile® App.
How to get up to $700: Go to this page and click the button that says “CLICK TO OPEN ACCOUNT.” Then, fund your account with qualifying new money. You’ll earn up to $700, depending on your deposit amount1 !
Real estate has a great track record of increasing in value as the years roll along. The median sales price of a home in the U.S. has increased from $63,700 in 1980 to $467,700 in 2020, according to the St. Louis Federal Reserve.
People will always need a place to live, meaning houses, apartment complexes, and condos should remain in demand in the future.
Property values don’t always go up. In rare periods — such as now — they can decline in some markets. But the vast majority of the time, real estate becomes more valuable over longer periods of time.
Earn passive income by investing in real estate
Imagine earning passive income every month just by holding a little bit of money in an account. Sounds amazing, right?
With Public, you can invest in real estate-related ETFs, or exchange-traded funds. These ETFs are like buckets that hold stocks, bonds, and other assets in the real estate sector. It doesn’t always happen, but if those assets ever pay a dividend, you could earn money while you sleep.
Thanks to fractional shares, you could get a piece of some of the hottest real estate deals in these ETFs without being a millionaire. It’s one of the most affordable ways to invest in real estate and start building passive income.
BONUS: Get up to $10K when you transfer your brokerage account to Public.com.2
Like real estate, there’s a limited amount of land in the world. Unlike real estate, it is not easy to create more land.
Land doesn’t always go up in value. But as a general rule, it's likely to either become more valuable or hold its value relatively well over time.
For example, over the past 20 years, farmland in the U.S. has increased at an average annual rate of 12.24%, according to AcreTrader. In other words, $10,000 invested in farmland in 2000 would now be worth $96,149.
Not all fine wine is a good investment, so it helps to be a dedicated, devoted wine connoisseur who knows how to find the best wines. If that sounds like you, the odds are much better that you'll choose a wine that increases in value.
The average annual return on wine has been about 8% over the past 16 years, according to RareWine Invest.
Pro tip: If you want to invest in fine wines — or anything else on this list — you'll need some money. Consider earning extra money on the side by getting a part-time job or starting a side hustle.
Invest in the beverage with a historical 10.6% annual return
Wine, to be exact. Wine has had a 10.6% historical annual return over the last 15 years. Pretty good for an alternative asset, especially if you’re diversifying.
Vinovest makes wine investing simple, even if you’re not a wine expert. They combine master sommelier knowledge with AI-driven algorithms to choose potentially appreciating wines to invest in. Basically, they have a good idea of what wines could perform well over time, with data to back it up.
To keep your wine safe, Vinovest is insured with an FDIC equivalent for wine, protecting each bottle against breakage and loss. Their state-of-the-art, climate-controlled storage facilities help keep your wines safe. And if you ever want to drink the bottles you invested in, you can. You can always buy more, sell for a potential profit, or enjoy them whenever you want.
Some critics say an expensive education is no longer a good investment. However, research has found that people with higher levels of education still earn larger average annual salaries.
Moreover, statistics show that those with college degrees have a higher quality of life in other ways, ranging from being more likely to own a home to increasing their odds of having solid health insurance.
Not only is an education a solid investment in your career, but it can also boosts other facets of your life.
A recent Business Insider report noted that luxury watches from the likes of Rolex and Patek Philippe soared in value in 2022.
If you have an old Rolex or other luxury brand watch, it might be worth keeping it stored away for a while. Luxury watches have historically increased in value. In some periods, they do even better than precious metals and stocks.
Major luxury watch brands typically increase prices 5%-10% a year, according to Yieldstreet.
No, we aren’t talking about Beanie Babies or your old Disney VHS tapes, neither of which have increased as much in value as you might have hoped.
But other collectibles have soared in value. Take vintage Pokémon cards — some can sell for hundreds or even thousands of dollars. In 2022, YouTuber and boxer Logan Paul set a new record when he bought a Pikachu Illustrator card for $5.275 million.
Collectibles that occasionally sell for a boatload of cash include certain McDonald’s toys, some vintage unopened Lego sets, and a handful of Cabbage Patch dolls. Keep in mind, the more you know about what you're buying, the better your chances of making a smart decision.
Unlike your typical functional bag from Old Navy or the Gap, luxury handbags are built to last for far longer than just a few years.
That is one key reason vintage handbags from luxury brands are a great investment. In terms of quality, the bags are meant to endure. As a result, their value tends to go up year after year.
Certain vintage handbags have increased even more in value than some luxury cars, according to a report in Eluxe Magazine.
For instance, some Chanel bags have exploded in value by nearly 100% in the last 10 years. Hermes Birkins bags have increased even more — 153% in a decade.
Whether you have items around your house that you could sell for a profit or you’re working toward a degree, any of the items listed here could rise in value over the years. Of course, there are no guarantees.
You won’t get rich overnight. But with time, you may build enough wealth to retire early or pursue another dream.
- Get $3-$300 in free stock when your account is approved*
- Invest in 1000s of stocks and ETFs with fractional shares—no account minimums
- Follow friends in a social feed and learn from a diverse community of investors
- * Free stock offer valid for U.S. residents 18+. Subject to account approval.