7 Clever Ways to Build Wealth Outside the Stock Market

2022-07-24 15:51:06 By : Mr. xcellent corp

Diversification is essential to wealth-building. Here are seven non-stock ways to plump up your portfolio.

MTN Staff • July 21, 2022 • Advertising Disclosure

Wall Street’s ups and downs are scary, but the stock market is still an excellent way to build long-term wealth. However, it’s not the only way.

Diversification is essential to wealth-building. Your money master plan should not be a single source, set-it-and-forget-it procedure.

Wise use of the market is a good idea. But so is investing in non-stock opportunities. Here are several ways to plump up your portfolio.

Precious metals are increasingly attractive to investors, and for good reason. They’re not just bright, shiny objects: Gold and silver are essential to the manufacture of modern electronics. That’s why the wealthy invest in precious metals, and so can you. Goldco is ready to assist, with up to $10,000 in free silver for qualified accounts — and free shipping.

How’s that for building wealth? Getting thousands in free silver right up front! No wonder Goldco is the only precious metals company recommended by Fox News personality Sean Hannity.

Gold has been the benchmark for value for thousands and thousands of years. Ever since humankind learned to mine and melt this enduring metal, we’ve been trading for it. The expression “the gold standard” is still true today.

You can purchase gold or silver as part of an investment portfolio, but have you ever considered making it part of your retirement planning? Goldco can help you set up a gold IRA or other tax-advantaged retirement accounts, created strictly in accordance with Internal Revenue Service guidelines.

If your circumstances change, and you want to move some of your precious metals, Goldco guarantees the highest price with its buy-back program. This is one of the reasons that Goldco received 5-star ratings with Trustpilot, Trustlink, Google Reviews and ConsumerAffairs.com, an A+ rating with the Better Business Bureau and a AAA rating from the Business Consumers Alliance.

Secure your wealth with gold. Request your free investors guide now.

Sometimes you get dragged into debt by forces beyond your control. Case in point: the pandemic. A recent study indicated that 46% of Gen Zers burned through their savings, and more than half stopped paying their credit card bills.

Stuff happens. And sometimes your debt just isn’t repayable. But with help from a company like National Debt Relief, you can address the obligation head-on.

The company exists to help people get back on their feet after debt has dragged them down. One possible solution is debt consolidation, which means putting your total debts into a single loan, with a single monthly payment.

If you were only making minimum payments on your maxed-out plastic, it could take 10 years or more to become debt-free. However, with National Debt Relief, you’ll get out of debt within 24-48 months, according to the site.

The company has an A+ rating with the Better Business Bureau. It doesn’t cost a dime to sign up or to cancel with National Debt Relief, and you’ll be charged a settlement fee only if you accept the deal. If they can’t settle your debt, then you owe them zip.

Ready to be debt-free? Get your free, no-obligation consultation today.

That’s right. Masterworks, a fine art investing platform, has outperformed the S&P 500 by returning 14% for the past 15 years.

Sometimes the appreciation rate is downright startling. For example, Basquiat paintings. One painting by neo-Expressionist painter Jean-Michel Basquiat that cost $20,900 in the 1980s sold for $110,487,500 in 2017. That’s a 5,286% increase in just a few decades!

With Masterworks, you’re buying fine art, one small slice at a time. “Slices” are something like stocks. With a stock, you’re buying a little piece of a company. With Masterworks, you’re buying pieces of multimillion-dollar paintings.

Typically, Masterworks will hold an art piece for three to seven years. If your circumstances change, it’s possible to sell your shares on a secondary market. You can also buy shares from other Masterworks investors. (At the moment, this applies only to U.S. investors with U.S. bank accounts.)

Make fine art a part of your investment portfolio. Click here to join now.

The real estate market has gone berserk in the past few years. Is this a bubble? No one can say. What one can say, however, is that:

This is why real estate investors tend to make so much money. If the nuts and bolts of being a landlord has kept you from this lucrative investment form, here’s a clue: Fundrise will do the dirty work for you.

Fundrise makes investing in real estate simple. They buy properties and let investors buy pieces of those investments. The returns can be pretty satisfying: The average Fundrise member saw a 25% increase within just three years and more than 50% within five years.

No worrying about vacancies. No vetting tenants. No property upkeep. Fundrise takes care of all that. Plus, it takes just a few minutes to get started. And you can get started with as little as $10.

Build real wealth with real estate. Create your free account now.

To be clear: You should never, ever go without car insurance. Doing so could lead to financial ruin if you were in an accident that injured you or someone else. Even if it were just a minor crash, you need coverage to keep your wheels going ’round and ’round.

But to be equally clear: You should also never, ever overpay for car insurance. The thing is, you’re probably already doing that. Fortunately, your friends at The Zebra are ready to help you save.

Oh, and it’s also free. Just answer some questions and in just a couple of minutes, The Zebra will have run the numbers with more than 200 insurance providers to find the best deal for the best coverage. One thing they won’t ask you for? Your contact info. No one will call or email or text you to bug you about buying insurance.

On average, folks save $440 a year. That’s $440 every year, not just the first year. This is money to add to your emergency fund, retirement plan or investment account.

Want to save $440 every year? Enter your ZIP code here to get started.

Here’s a way to earn money without moving out of the comfy chair: InboxDollars will pay you to watch videos, take surveys, play games, shop online, search the web, upload grocery receipts and click on promotional emails. You can redeem for gift cards, or for cold, hard cash (via PayPal).

Will you get rich doing it? Not immediately. But a recent peek at an InboxDollars monthly statement showed that the month’s top earner pulled in a cool $1,448. Not bad for work you don’t have to get dressed to do!

Seriously, though: If you’re online/on your phone a lot already, why not get paid to be there? Sign up and start earning.

If there were just one easy thing you could do, every day, to save more money, to create more wealth, you’d do it, right?

Well, here it is: Take just five minutes every day and check out the totally free Money Talks Newsletter. More than a million Americans have, and they’ve reported saving an average of $991.20 each by checking our news and advice.

Get the best tips and advice to make, save, and grow your money daily. Sign up for our free newsletter today.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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