Jasmine Birtles
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Alternative Investments You’ve Probably Never Considered (But Should)
Ruby Layram
29th Jul 2025
Want to grow your wealth without following the herd?
When we talk about investing, most people think of the stock market, property or maybe gold. But there’s a whole world of alternative investments out there, and some of them are way more exciting (and potentially profitable) than you’d think.
If you’re open to taking a calculated risk and want to diversify your portfolio with something a little different, read on. These overlooked assets could be the hidden gems your portfolio is missing.
1. Collectables (Lego Sets, Sneakers & Trading Cards)
Yes, you can invest in Lego. And Pokémon cards. And rare trainers.
In fact, some Lego sets have outperformed the S&P 500 over the past decade. A sealed Millennium Falcon? Worth thousands. A first-edition Charizard? That’s someone’s retirement fund.
Also see: 5 ‘risky’ investment that have out-performed the S&P 500
Why it’s worth considering:
- Some items appreciate massively over time
- Tangible and fun to own
- A great way to combine hobby and investing
Watch out for:
- Fakes and frauds
- Damaged packaging kills value
- Not very liquid (selling can take time)
Focus on limited-edition items in mint condition. Store them safely and do your research on what’s in demand.
2. Domain Names
Think of domain names as the digital version of real estate. If you own a catchy domain that a business wants in the future, they might pay big to get it.
People have made thousands, even millions, from flipping domain names.
Why it’s worth considering:
- Low upfront cost
- Potential for high return
- Easy to manage and store
Watch out for:
- Highly speculative
- Needs patience (may take years to sell)
- Trademark issues if you register company names
Look for short, brandable names with commercial appeal. .coms still rule.
Take a look at this list of the 10 most expensive domain names in the world for some inspiration!
3. NFTs (Non-Fungible Tokens)
Love them or hate them, NFTs are a growing corner of the digital economy. They’re basically digital ownership certificates, usually tied to art, music, collectibles or virtual items.
Some NFTs are just overpriced JPEGs. But others are part of serious ecosystems, gaming platforms, or future tech.
Why it’s worth considering:
- Huge upside potential (but also high risk)
- Can come with perks (access to communities or future drops)
- Resale potential on platforms like OpenSea
Watch out for:
- High volatility and hype cycles
- Market is still finding its footing
- Scams are common, do your research!
Only invest in NFTs you understand, and never put in money you can’t afford to lose.
Here’s how to spot an NFT with potential!
4. Classic Cars & Motorbikes
Not just for petrolheads, classic vehicles can increase in value over time, especially rare or limited-run models.
And yes, you can even drive your investment (just not too much, mileage matters!).
Why it’s worth considering:
- Physical assets you can enjoy
- Some models appreciate significantly
- Prestigious and unique
Watch out for:
- Insurance, storage and maintenance costs
- The market can be niche and illiquid
- Not all cars increase in value. Do your homework!
Look for classics with strong provenance and low mileage. Always get expert valuations before buying!
5. Vintage Tech & Media
Old Apple products, sealed video games, VHS tapes of iconic films… yes, these are becoming investment assets.
Collectors are paying big for first-gen iPhones and factory-sealed N64 games.
Why it’s worth considering:
- Rising nostalgia trend
- Small and easy to store
- Potential for big growth if you pick winners
Watch out for:
- Condition is everything
- Very trend-dependent
- Requires niche knowledge
Focus on mint condition and original packaging. Keep an eye on collecting trends and pop culture.
Why You Might Want to Consider These Alternatives
Alternative investments aren’t just a quirky hobby, they can be smart ways to diversify your wealth, reduce exposure to stock market volatility, and tap into new opportunities that others miss.
Of course, most of these aren’t regulated. They’re riskier. And they shouldn’t make up the bulk of your portfolio.
But used wisely, they can be a high-reward spice in your overall investing recipe.
Final Thoughts: Think Outside the (Investment) Box
Building wealth isn’t just about buying FTSE 100 shares or stashing gold bars under your bed. Sometimes, the smartest investors are the ones who see value where others don’t.
So if you’ve got a bit of money to play with and want to try something new, alternative investments might just be your next adventure.
Just remember:
- Do your research
- Know your risk tolerance
- And don’t get carried away by hype
- A few smart moves now could pay off big in the future.
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Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence. When investing your capital is at risk.
I have been thinking about alternative investments too – handbags and jelly cats!