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Top 4 Collecting Hobbies That Make Good Investments

About 95% of British adults spend at least one working day on their hobby, and over the years, collecting special items has remained a popular hobby among many people. If you are into building collections or you would want to start, you are probably on the lookout for exciting and rare items. But did you know that some of the most popular collecting hobbies can be extremely valuable to you and help you make more money? If you have started collecting, it would be best that you hold on to it. Who knows? They might be worth a small fortune in the future. Here are some of the most valuable collecting hobbies out there today.

Top 4 Collecting Hobbies That Make Good Investments - wine cellar image
Image by Michael Wave from Pixabay

For centuries, many people have found collecting wines as a favourite pastime. Avid wine enthusiasts usually stock certain wines because they know that it might taste better in the future. But it could become a widely profitable venture if you wish; if you are interested in starting a wine collection, you should know that it is a fiercely competitive and often expensive hobby. In fact, purchasing wines to build your collection could set you back a couple of hundreds of thousands of pounds. Wine collection involves a lot of research, so be sure to consult with experts on the best kinds to buy. It might take a few years for your collection to mature, but once it is time to make some money, you can use an auction house or connect with a wine merchant to help you find buyers. 

  1. Comic Books

Collecting comic books might sound like a child’s hobby, but it is not! Many notable adults are avid comic book collectors; it is so serious that there is a body that grades comic books based on their importance. When starting a comic book collection, remember that the older the comic, the rarer it is, and therefore, the more valuable it is. For example, the first-ever Marvel comic book was auctioned off for nearly a million pounds. Thankfully, there are many comic stores to help you get started on your new collection hunt. If you are lucky, you might come across some rare editions. Ensure that you keep your collection in mint condition so that they can sell for much higher prices. 

  1. Stamps

Stamp collection is another one of the world’s most popular hobbies. The first stamp design came from England, and since then, several other countries adopted postage stamps with their unique designs. Some stamps have exciting backstories and histories, and they are great ways to learn about different locations around the world. Unique stamps can be sold for millions of pounds. Of course, like many other collectables, the rarer, the better. Collecting stamps might take a lot of time and involve a lot of travel to find the rarest pieces. But once you build a solid collection, you can have them sold off at stamp auctions for a nice profit. 

  1. Vinyl
Top 4 Collecting Hobbies That Make Good Investments - record collection
Image by BRRT from Pixabay

Vinyl records are making a huge comeback, especially as turntables are back on the market, and many young people have taken an interest in building a selection. If you already have a couple of them lying around, perhaps it is time to turn them into a profitable collection. Before you put them up for sale, ensure that you check your old vinyl collection condition. For the most profit, your vinyl types would have to be in mint condition, and those can sell for as high as £100,000. 

Building any collection is a fun hobby, but it is not often easy, and usually involves spending relatively large amounts of money. Nonetheless, it can be a money-making venture in the future. 

Don’t Discount Your Hobbies – They Could Make You Rich

Everyone has hobbies. But did you know that you can use yours to make money? 

It turns out that a lot of the things that you do for fun can be a great way of generating cash, often as a byproduct. You get to enjoy yourself indulging in your favorite activities while at the same time, boosting your regular income.

So which hobbies can wind up making you money

Writing

Don't Discount Your Hobbies - They Could Make You Rich - hobbies that could make you rich - person writing image
Pixabay

Writing is difficult. Being able to write well is a skill – and one that few possess. For that reason, it’s highly valuable. If you’re ready to write engagingly and entertainingly, people will want to consume more of your content.

A lot of people who write for fun also sell their services to others over the internet. You could transform your passion for writing into work, creating compelling content and articles for firms in your target area. Many firms are willing to pay double or even triple the regular writing rate for people who churn out quality content. 

Gaming

If you went back ten years and told somebody that gaming was a way to make money, they’d laugh at you. But thanks to games like Dota 2, Team Fortress and playing European Roulette in HD, that’s all changed. Now you really can make money from gaming – so long as you’re good at it. 

Making money from gaming all comes back to e-sports. Gaming audiences all over the world are prepared to pay to watch the best gamers in the world compete against each other for victory across a variety of video games. This money generation is then feeding into the prize money that players can win. You don’t have to be the best in the world – just good enough to give other gamers a run for their money. 

Traveling

People usually view traveling as a giant money pit – somewhere you throw your dollars, never to see them again. But thanks to the internet, that too is changing. Those who have a strong sense of wanderlust can generate money from their passion as influencers and bloggers. 

Travel companies are desperate for people who blog about their experiences at their resorts. They want them to post videos, pictures, and blogs that effectively pay for themselves. And they can pay you for the privilege. So if you’re continually jetting off all over the world and have a camera, consider transforming it into a money-making scheme

Cooking

Finally, cooking is yet another hobby that can help you make money. Here again, you’re tapping into the large influencer market, using your culinary skills to inspire your audience. If you build a large enough following on social media, you can attract the attention of advertisers, keen to flog their products. Sometimes it’ll be a specific brand of food, and other times, it might be something like a toaster or a blender. Whatever it is, you can wind up with some pretty decent advertising deals that allow you to enjoy your hobby and make a profit from it at the same time. 

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