11 Weird Investments That Are Making a Killing Right Now
Chateau Pavie Wine
A Grand Prix Race Car
Classic cars were a huge earner for investors, with a three-year annualized return of 21.0%, and one year return of 40.7%.
The 1954 Mercedes Benz W196 Grand Prix race car fetched a record $29.5 million at a British auction to an unidentified private buyer. The car was used by Formula One driver Juan Manual Fangio.
Source: Bloomberg Markets Magazine
Vintage Ferraris
In the same category of classic cars, Ferraris from the 1950s and 1960s saw high returns.
A 1967 Ferrari GTB NART Spyder went for $27.5 million, and several more went for prices between $10 million and $20 million.
Source: Bloomberg Markets Magazine
Artist such as Marcel Duchamp,
Contemporary art was another lackluster investment opportunity, but with some exceptional outliers.
One of which was work from the French-American artist Marcel Duchamp. His artwork had a whopping one-year return of 465%, and a three-year annualized return of 93.8%.
Source: Bloomberg Markets Magazine
Vasudeo S. Gaitonde,
The second-best performer in contemporary art was Italian painter Vasudeo Gaitonde. Gaitonde paintings had an annualized return of 198.1% over one year, and an 83% return over three.
One 1979 painting sold for $3.8 million at an auction in Mumbai. His paintings have been espeically popular in the Indian art market.
Source: Bloomberg Markets Magazine
and Jackson Pollock.
One Jackson Pollock painting sold last year for a record $58.3 million. The American painter, who was known for his signature drip painting style, had his work earn a 320% one year return, and an annualized three-year return of 57.5%.
You can make your own Jackson Pollock painting here. (Although your returns might not be quite as high.)
Source: Bloomberg Markets Magazine
Rare Coins
On average, rare coins have experienced gains of 13.2% in three years, and 10.1% in one year.
One 1559 British coin had a one-year return of 27.3% and three-year annualized return of 26%. Other coins from the 1500s and 1600s saw similar three-year gains of over 20%.
Source: Bloomberg Markets Magazine
Lean hogs
Lean hogs were the winning investment in agriculture commodities, as a major source of pork in the United States.
Hogs had a gain of 56.3% in one year, and 11.5% annualized in three.
Source: Bloomberg Markets Magazine
Soybean meal
If you missed out on the hogs, soybean meal was the next best thing for agriculture.
The ground flour had a one-year return of 18.5%, and outperformed cattle, rice, and lumber.
Source: Bloomberg Markets Magazine
Self-storage units
Self-storage units were very successful in real estate investment trusts, with a three-year annualized return of 21.2%, and a one-year return of 16%.
Some of the best performing companies include Space Storage Inc. with 36.7% gain in three years, Sovran Self Storage with 27.2%, and CubeSmart with 21.3%.
Source: Bloomberg Markets Magazine
Vintage Stamps
Stamps generally produced gains of 2.6% over one year, and 5.4% over three. However, if you were fortunate enough to have invested in some rare 1800s stamps, your return could have quadrupled.
One 1867 9d pale straw stamp had a three-year annualized return of 26%. Another from 1830 had a three-year return of 23.7%.
Source: Bloomberg Markets Magazine
Investing can be weird, but some of these trading superstitions are even weirder...
Popular Right Now
Popular Keywords
Advertisement