There are a lot of things you can do to make money after buying a house. For instance, you can fix it up, construct it in a way that adds value to the property, and then sell it for a profit. However, make sure you know the area and its price history. Do your research!
A lot of millionaires are millionaires today because they made smart stock investments. Holding on to your stocks for a long time is the key so that when times are good, you get high returns and don’t miss the chance.
This might sound like an unusual investment, but the rarer a piece of art, the more it appreciates as time passes. Hence, it may be a good idea to invest in artwork today. (Imagine, what wouldn’t Bob Ross’s fans pay to own one of his paintings today)
Many companies, like Turo in the US and Canada, help you make money with your car. Just register yourself, pick the days you want to rent out your car, and you’ll find someone who wants it.
Here is a quick fact. The price of gold was around USD 1300/oz in June 2019, which increased to USD 1570 in February 2020. This is more than a 20% profit in just eight months.