Wine
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n the other hand when you have enough money and just want to get more the situation is more complex. You have to think how to invest your money. Unlike getting a loan this consumes much more time.
You come across different investment bids all the time on TV spots. Banks argue who can offer better interest rates for your savings. Every now and then you are approached by a teenage financial consultant who tells you that the only way is to get investment insurance. Don‘t you want to drive a BMW when you retire? This is common in Germany so why not you. You can also invest in bonds or stocks. However this will impress a few. You want to be in (that is why you read this magazine). Therefore you need a special kind of investment. What does unusual investment mean? For a conservative person it is commodities such as gold, oil etc. Actually this is an interesting way to invest your money. You need just one thing. You need a hobby that you understand. Let’s have a look at where you can invest.
Cryptocurrencies
Cryptocurrencies are not only designated for hipster fans who consider money to be too conventional. They are digital currencies that are made and kept in electronic form. These currencies are not controlled by anybody. They are not printed like crowns or Euros. They are made by both individuals and companies. The most popular one is Bitcoin whose production reminds us of any process on a computer. It is like a mathematical formula. The Bitcoin network has its own life. It is controlled just by an „invisible market hand“. No institution can control it. This might be significant for many people because they usually control their own money. Nowadays when the economy is unstable and prices of stocks and gold often drop, investing in cryptocurrencies is very attractive. Within the last year the Bitcoin value grew 8 times and this does not seem to be changing. One Bitcoin costs around 4,000 USD and therefore it can pay back if you have Bitcoins. Why is their price growing? Due to their anonymous nature Bitcoins can be used in various ways. Do you want to buy a gun but you do not have a license? No problem. On the Dark web, the internet black market, you can buy one for Bitcoins. The same goes if you want to get drugs but do not trust black drug dealers on Wenceslas Square. Bitcoins are frequently used for doing business. They are anonymous so there is no possibility to find out who has invested through Bitcoins. Therefore you do not have to worry about economic sanctions in any country around the world. Nor do you have to worry about the investment limits in countries such as China. That is the main reason why cryptocurrencies have a great potential and why their value is certain to rise.
If you are an alcoholic, from Moravia or if you just like drinking wine occassionally this is an opportunity for an investment. We all know that the value of wine is increasing as time passes. However it is not as simple as that. To make a good investment means that you have to know about wines. Unfortunately it is not enough to go to the supermarket, buy a box of wine, put it into the cellar and wait till its value reaches millions. In general Czech wines cannot be stored for a long time, therefore you have to search elsewhere. Specialists recommend that you go to one vineyard and focus on it. The best way is to invest in wines from Bordeaux, where the annual revenues amount to an average of 5 to 7%. The wine price depends on the quality and the number of bottles on the market. You can check the quality when tasting the wine. That makes this kind of investment very pleasant and popular. Big investors often buy the wine in barrels before it‘s bottled. Then they take it in bottles, put it in wine cellars and let it ripen for a couple of years. The wine goes to the market at the moment it is ready for drinking.
Arts
Have you always loved visiting galleries, looking at pieces of art and dreamt of having something like that at home? If you really love art and understand it there is no reason why not to invest in it. Just like the wine these kind of investments are related to your passion more than to getting rich quickly. In general when you buy a piece of art its value increases after a long time. In the case that one speculates and buys something as a short term investment there is a risk that the price will be much lower that one expects. If after all one manages to sell it. It is completely your own choice to decide which kind of art you want to invest in. Nowadays many a thing is considered to be a masterpiece. Quite often art collectors look for things that you would never imagine to be art. People often collect Picasso, Rembrandt or Warhol alongside things that were illegally made in the streets. Street art has become a modern popular art whose value is increasing. Graffiti combined with stencil technique by street artist Banksy is increasingly popular and the prices amount to dozens of millions pounds. Often the wall with his art is taken apart, sold at an auction and then put together again at the buyer’s residence. Even Brad Pitt and Angelina Jolie, great art fans, bought his work for nearly one million pounds. That is a fact about art. It is an unpredictable and surprising area. Certainly there are plenty of other areas to invest in. What about comics figures? They are usually made in limited series, which makes them an interesting investment opportunity. Is it not great to say “I made a fortune on comics figures“?