There are a number of reasons to get involved in the area of alternative investments, although the most common are either for financial reasons, or just because there are items that are of great interest. If this is something that you are looking to get into this year, you are in the right place.
When it comes to your options, there is a massive range available for you to explore further. However it makes sense to introduce you to the most popular investment opportunities first, and then you can go away and do further research if you feel the need to. So sit back and read about the different investments that you could consider in 2014…
The first thing you might not have thought of is investing in wine, something that is actually more popular than you would expect. There are many wine auctions in the United Kingdom, some of which actually take place online, but Sotheby’s is probably the most recognised name in this area. In fact, you can view all of the records and results on their website; this makes for interesting reading as you will be able to find out which bottles of vintage wine are making the most on the market.
Next up is the antiques market, something that you may find easier to get into. This is because there are many auction houses all across the UK, some of which will surely be local to your home address. There will be an opportunity to examine the auction brochure, as well as look at items in close detail before you make a bid. Alternatively you could head to a place such as the Hungerford Arcade where you can rummage through an assortment of items that may capture your interest.
Then again, you might want to look into something such as investing in metals and precious metals – something which is offered by bettsinvestments.co.uk. There are many ways to get involved in this, whether you want to buy gold bars, coins or even have a look at palladium. It makes sense to analyse the current bullion news first so have a look online to begin the process.
Of course you could always seek to enjoy metal in another way, and that is by investing in pieces of jewellery. There is a large market here, encompassing everything from antique watches to modern necklaces made with extravagance in mind. Whether you actually want to wear these items or keep them protected in a safe, the jewellery market can be both exciting and rewarding. You can look for many different items featuring different metals and gemstones, so head to an auction or look online for investment opportunities in this area.
Now that you have learned about some of the most common types of alternative investments, you can choose something that interests you as well as meeting your financial goals. You could speak to a financial advisor if you want some advice specific to your situation; there are many resources online that might be helpful too.