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What’s the first thing that comes to you mind when you think about investing? Chances are you thought about the stock market. It’s the simple truth, the ideas of investing and the stock market are synonymous with one another.
Even though the concepts of investing and the stock market are two peas in a pod, it’s possible to build your wealth without interacting with the stock market at all.
Let’s face it: the stock market has its issues. The ups and downs of the stock market can make it an especially intimidating place for newcomers and those with limited risk tolerance. Even with digital investing assistance, AI advisors, and countless resources diving into the stock market can lead you to dangerous waters no matter how much you prepare. We tell ourselves to be patient throughout the stock market’s lows, but not everyone has that of time on their hands.
We should all be building our wealth through investments as soon as we can, but we build wealth on our own terms. Ultimately, your finances should look the way you want them to. If you want to invest but don’t want to interact with the stock market, you can make it happen.
If the volatile stock market doesn’t sound appealing to you, no problem. Here are some of our favorite investing options if you want to avoid the stock market.
The Wide World of Real Estate Investing
If you’re ready to make big investments that could totally change your cash flow, real estate investing is the option for you. Real estate provides many investors with a sustainable passive income and a valuable addition to their overall net worth.
Real estate investing isn’t just for the mega rich anymore. Here are our favorite modern real estate investing options you can try.
RoofStock
Don’t count yourself out of real estate investing just because of the prices in your area. Now you can own anywhere.
RoofStock helps you invest in single family rental units anywhere, completely online. If the real estate market is outrageously priced in your area, shop around on RoofStock. This site provides full transparency to help you make the best investing decision for you. If you’re ready to make a large-scale investment that could provide you with a regular passive income, this is the site for you.
Groundfloor
Interested in real estate but can’t afford a property investment? We’ve got your back.
Groundfloor offers short-term high yield investments on real estate debt. The investment minimum is only $10, and most investors saw a 10 percent return on a six to twelve month term. If you want to diversify your portfolio at a lower risk and lower cost, Groundfloor is for you.
You can invest in real estate no matter what your economic background is. The best part? You can do all of your investing online. Whether you’re investing $10 or $10,000, real estate is in the cards for you.
Invest in Art
If you want your creative spirit to shine through your portfolio, consider investing in the art world. Fine art is regarded priceless, but it’s not that simple. Art from artists like Basquiat, Banksy, and Andy Warhol are worth millions of dollars, and you can get cut.
MasterWorks enables users to invest in blue-chip art. Since 2018, Master works has acquired 120 assets worth over $500 million. If you’re interested in a long-term investment with big returns, this might just be for you. The estimated hold on a MasterWorks is 3 to 10 years, with returns between 12.7 to 19.8 percent.
The Bottom Line
Whether you’re an investing pro or totally new to the investing game, alternative investing can be an excellent way to build your wealth and expand your portfolio.
Alternative investing is totally legit, but it doesn’t come without consequences. Here’s the deal: even if you’re investing outside of the stock market, there is still risk. Don’t forget to consider your risk allowance just like you would when investing in the stock market.
Even though the stock market gets all the attention, don’t be afraid to invest outside of the norm. Happy wealth building, investors.