With savings rates at an all-time low, it’s hard to find anything that could actually make some money these days. Gold, green funds, Buy-to-let to let, you name it there are various alternatives out there but even the aforementioned alternatives carry a risk depending on what the economy is doing.
One alternative that will pay off one way or another is antiques and items you may find at reclamation yards. Wading through antiques however can seem a bit daunting to those who don’t have the experience of an antiques dealer.
This can soon be solved by reading up on antiques and perhaps specialising in particular eras. Auction houses that were once intimidating places have become a lot more accessible nowadays as antique hunting has taken off.
You could invest in art or Georgian furniture which is popular at the moment. Pieces are available for around £500 and for this you will be getting high quality furniture that has stood the test of time – even if you don’t manage to sell it on!
If paintings are more your thing, then you will find plenty of examples at your local antiques shop or reclamation yard. If you buy what you like rather than what you think will make money, you can at least take heart in the fact that you have bought something that will reward you in ways other than financial.