The Most Unique Investments to Fit Any Situation

Disclaimer

Here on Selfmadesns.com I’m only giving you my life experiences. So, you may learn and benefit from my mistakes along the way. As well as learn from all of the good decisions I made. What may work for me in some different experiences is not always what you should be doing on your own. Always do your own research or speak with a professional on the subject. Better yet do both guys. It will be way more beneficial for you at the end of the day. If you want more information on our terms, please visit our terms and conditions page along with the privacy policy page as well.

I know everyone can use some more money in their bank account. I know you may here people telling you the same old things to invest in. Not even asking what your situation is. You may be in a place in your where you need the money in a few weeks. Or you might not have a lot of money saved up to start investing with. So today I want to give you some unique investing ideas to fit any situation. Let’s get right into this thing guys!

Short Term Investments

Reselling

Our first investment will be reselling. If you looking to flip some money in a short period of time this might be the one for you. You can take something as simple as a bottled water and Powerade. Place them in a cooler with some ice. Then head to your local parks where people are playing basketball. Make some quick sells, get the money you need, and repeat it or move on to something bigger.

Renting Out Equipment

This one is really good for everyday kind of money or week. If you own some really special tools, you can make some real good money renting them out to people in need. But one of my favorite things I’ve brought as an investment was a electric bull. I knew it was a great investment because I stayed in a college town. and the student would rent it from me on the weekends for a few hundred a night. But bars in town were first in line when renting. Just because I could charge them more.

Rental Arbitrage

If you have a nice home or live in a desirable area, you may want to consider renting it out from time to time. People would pay you pretty well for a nice place to stay while they’re out of town. Especially since they get a whole house instead of a room at a motel or hotel. All you have to do is go stay with someone for a few nights and get paid.

Mid Term Investments

Flipping Cars

Now if you want to make some money but you not really willing to invest in anything long term. You might want to try flipping cars. Believe me this one is pretty good. I used to flip car part of the year. I would usually buy cars low during the year and hold on to them until tax time! Knowing everyone would have some extra funds on them and want to spend it. This was the perfect time for anyone who’s been working hard all year, getting rides to work, spending money on uber getting to work to buy a nice car. I was selling them quick because I had really reasonable prices. I’ll make my money and they were getting a good deal and leaving with money in their pockets.

Reselling Domians

This one can be really good if you have good negotiation skills. You have to know how to talk to people. What you do is look for startup companies, people with big followings, or anything that’s popular. Once you find it you go buy the domain of that for example (example.com). You want to get the .com because that’s the most common. And once they want to get their domain, they will come find you. Don’t scare them off with a high price. Just get your money.

Reselling Shoes

Now this one is also a pretty good one if you can get your hands on the right shoes. People are out here paying crazy amount of money over retail for a pair of shoes. I mean like used car kind of prices. Can you imagine getting paid thousands of dollars for a pair of shoes. The profit doesn’t even have to be that large to make me happy. When I was doing it, I was happy if I could make a 100 of a pair. With platform like Stockx they buyers are lined up for you.

The Godfather of Long-Term Investments

Gold

Gold will always be one of my favorite long-term investments. The fact that it once backed our money is just something that always stuck with me. I love how the value has always increased over time. Another thing I love about gold is how easy it is to turn into cash. This will always make it one of my favorite long-term investments.

Real Estate

Real has to be the godfather of long-term investments. It’s super safe as far as investing goes. It can be used in so many ways to make money. Even just holding it over time it brings you value. The land it’s on is something that can’t be made. Making it valuable itself. I can’t say enough good stuff about investing in real estate, one of my best moves ever.

Stocks

Stocks are just right there with real estate. The Stock market is almost as good as real estate. The reason they don’t get the godfather title is because the risks that comes with stocks. But the reason they are one of the better long-term investments is because the right investment can change your life. They also could provide you with passive income. Making them great in my eyes.

Bonus – Investment Strategies Smart Investors Use

  If you visit this blog your more than likely interested in doing more with your money. Rather than have it sitting in a checking or savings account. Where all it does is lay. You can do what most people do when they get to this point in life. That’s investing your money to make a profit. Most people would just tell you to invest without even telling you how. So, today I’ll give you a few strategies smart investors use to make their money work for them. Since you guys are. Let’s jump right into it.

#1

  Let’s start with how you become a smart investors. You really have to be able to use your available to make an steady investment, diversify your portfolio, and accumulate wealth over a period of time. Something that most smart investors do is, they don’t put their money where everyone else is investing their money. Instead the do what I always say. Educate themselves about the market and do extensive research before making a move. If you’re going to invest in companies, look for the companies that are well managed and undervalued. You hold on to them until you can make a sound decision on if you should keep them or not. This make take days, months, or even years.

#2

  Another strategy is to start investing early. The reason for this is because this will give you an edge. Some say the best time to start investing is yesterday. The second best time will be now. When you start investing, you want to be consistent with it. This isn’t a once a year thing my friends. A monthly plan is cool. Next, you want to make sure you diversify your portfolio. This can make investing easier for you because you want be worried about your profit being in the success of one company. So, if you have profit coming in from more companies, that one company that’s doing bad can have time to turn a profit. Or the loss want mean so much because your making money in other places. You will have to have an appetite for risky investments. Every investment is a risk, you just have to learn to manage your risks. You do this by being able to measure your level of risks you’re willing to take. Investing can become a lot easier when you educate yourself and are patient. Don’t rush into things you know nothing about. Now I’m not saying you can’t get lucky because some do get lucky. That’s just my opinion. Another thing I would say is keep emotion out of investing.

#3

  Let’s talk about some of the best financial strategies to employ. Number one, stick to your investment plan. They say, plan your trade and trade your plan. This just mean before you invest know why you are investing. Number two, don’t waste time trying to time the market. Don’t chase the performance. Number three, be conservative and try to avoid doubling down. Don’t buy more stock in a company just because the shares are going down so you can have more.

There you have take this information and do what you want. Hopefully it helps someone out there. Good luck 👍.

Summary

I laid it all out for you. Hopefully I did a great job for you guys. These were all things I did to get where I’m at today. So, I know they really work. I just want to say thanks for your time today and the visit. I hope you feel you will leave the site today feeling like you learned something. Or motivated to take a chance to change your life. Please come back anytime. Tell you friends about the blog. Let me know which stage of investing you’re at in the comment’s guys. Good luck!