Anyone have any 'crazy' types of investments?

[ExcuseMyIgnorance]

I posted awhile back about investing in classic cars. I now have no desire to do that. My plans are to stick with real estate (including farmland) and equities.

Is there anything else you're dabbling in? Just out of curiosity. I have a friend who 'invests' in baseball cars. I try so hard not to laugh out loud to his face. Heh. My apologies if you invest in baseball cards. I actually want this to be an open discussion as I'm sure there are plenty of alternative investment strategies that actually work.

[bjl584]

I've dabbled in buying used cars, fixing them up, then reselling them in the past.

I did OK at it. But, it got to be a pain. Parts, labor, the time involved, then having to advertise the car, etc, etc.

[disneysteve]

I have a friend who 'invests' in baseball cars.

I've dabbled in buying used cars, fixing them up, then reselling them in the past.

I think there is a difference between an "investment" and a "side business". I'd say that buying and selling baseball cards or rehabbing cars would both be business ventures. For many years, I bought and sold collectibles. It was reasonably lucrative - buy something at a yard sale for $1.00. Sell it on ebay for $10.00. Buy something at an auction for $5. Sell it on ebay for $25.00. I did that for years.

Now if your friend is buying new baseball cards today and putting them in storage in hopes of them appreciating in value to be sold 20 years from now, that's a different story.

[97guns]

many will say real estate is a crazy investment

guns and knives have held and increased in value very well for me

[ExcuseMyIgnorance]

many will say real estate is a crazy investment

guns and knives have held and increased in value very well for me

My cousin has a collection of guns he says keeps getting more valuable since more and more laws are restricting them. He seems to know what he's talking about.

[Fishindude77]

I'm a gun guy too, but I would say they are far from any type of wealth building investment. they are expensive toys that hold their own on value.

When things got crazy a couple years ago following the school shootings, you could have made some pretty decent money on AR-15's and those type of weapons for a short while but that has leveled off. From my experience, most quality guns pretty well just "hold" their value. The appreciation is nothing compared to what you could do with investments like real estate, stocks, etc.

The only sure fire way to make a home run on guns is to find someone who inherited guns due to a death, and has no idea what they are worth, or to find someone desperate for cash with a few guns they need to sell quick. Most folks that buy, sell and trade guns have a pretty good idea on the values, and the margins are pretty slim. That's precisely why the mom and pop gun stores are disappearing, and the big guys like Cabelas, Gander Mountain, etc. have so much of the business ..... they work on smaller margins.

[boyworldcup]

I have invested a lot in my bike and then I met a accident and that all gone waste.