10 Assets You Can Use/Enjoy While They Grow in Value
Investing doesn’t have to be a cold, impersonal endeavor. There are many assets you can acquire that offer the potential for appreciation while providing you with enjoyment and utility.
Many people make a complete living off of this kind of investment, as they also enjoy the asset
Here are 10 ideas to get you started, each a unique blend of pleasure and potential profit.
Note: I’m still in the process of testing and researching other such useable appreciating assets(which are not mentioned in this list). I will make a few more parts of these if this one is helpful. Let me know what you think :)
The Melody That Makes You Money — Musical Instruments
Well-cared-for, high-quality instruments, like violins crafted by renowned luthiers or meticulously maintained acoustic guitars, can be appreciated significantly. Owning such an instrument isn’t just about potential profit; it’s about the joy of creating music. Imagine the satisfaction of playing a melody on a violin that not only sounds beautiful but could also be a valuable asset.
A First Edition Book — Owning a Piece of Literary History
A first-edition copy of a beloved book by a famous author can be a valuable investment. Owning a piece of literary history is not just about potential profit, but the pleasure of possessing a unique item. Curling up with a first-edition copy of your favorite Jane Austen novel adds a whole new layer of appreciation to the story.
The Watch on Your Wrist — A Timeless Investment
Certain watches, like classic Rolexes or Patek Philippes, transcend mere timekeeping. They are considered collector’s items, imbued with history and prestige. Not only can you wear them with pride, but they have a well-documented history of increasing in value over time. That Patek Philippe Calatrava you wear to the office today could become a cherished heirloom for future generations.
From Road Trip to Showpiece — Classic Cars
Vintage cars are more than just transportation; they’re rolling works of art. Owning and maintaining a classic car can be a rewarding hobby, allowing you to relive the nostalgia of a bygone era. The cherry red 1967 Mustang you take on weekend cruises could become a centerpiece in your collection, growing in value as the years go by.
Nostalgia You Can Play — Collectible Games
Sealed, mint-condition video games or board games from popular franchises can become valuable over time. You might enjoy revisiting a nostalgic favorite while it grows in worth. Unwrapping a mint-condition copy of that classic game you loved as a child could spark hours of entertainment while potentially becoming a valuable addition to your collection.
Art for Your Walls— Fine Art Photography
Limited edition prints from renowned photographers can be a great way to invest in art you can display in your home. Surround yourself with beauty while its value potentially appreciated. A captivating black and white photograph by Ansel Adams displayed on your living room wall could be a source of constant inspiration and a potential financial asset.
Design with an ROI — Iconic Furniture
Iconic pieces from famous designers can be both functional and valuable. Owning a statement chair or lamp by a renowned designer can elevate your living space while potentially increasing in worth. That sleek Eames lounge chair you use to relax in after a long day could become a valuable part of your design legacy.
Wearable History — Vintage Clothing
Certain well-preserved vintage clothing items, especially designer pieces or from iconic eras like the 1950s, can be a great find. Enjoy wearing a unique piece of fashion history while it potentially becomes more valuable. A perfectly preserved vintage Chanel dress won’t just turn heads; it could also become a cherished part of your wardrobe and a potential future heirloom.
A Piece of History You Can Hold — Investment-Grade Coins
Certain rare or historically significant coins can be valuable collectibles. Researching and owning a piece of history, like a well-preserved Roman coin, can be a rewarding pursuit. Holding a piece of history in the palm of your hand can be a fascinating conversation starter and a potential store of value.
Land with Potential — A Long-Term Investment
While not always feasible, acquiring land with development potential can be a great long-term investment. You might even be able to use the land for recreational purposes while its value grows. That hidden plot of land you use for weekend camping trips could blossom into a valuable property over time.
Most Importantly…
While appreciation is a possibility, it’s not guaranteed with any asset. Do your research, buy authentic items in good condition, and be prepared to hold onto them for the long term to maximize your chances of seeing a return. Most importantly, choose assets you genuinely enjoy using or owning, so the investment becomes an experience as well as a potential financial gain.
You’re Awesome :P
FadinGeek
