Looking for the next great investment idea? Well you came to the
wrong place... Instead here are five probably dumb, but definitely weird
"investment opportunities" that have come up over the last few years.
Disclosure: At the time of this posting, Nick had the following
positions in these investments: None. He thinks these are silly.
Let's dig in...
5: Hedging Marriages - Shameless
plug alert: Yeah, that links over to my blog post about this new
"investment" idea. Essentially, if you're invited to a wedding
that you "know" won't last longer than the honeymoon there's a
company who will sell you insurance on your wedding gift. For 8% of your
purchase price on gifts between $50 and $500, the company promises to reimburse
you for your gift if the couple divorces within three years. Apparently
there's talk of a secondary investment market where "investors" buy
receipts from guests for $10 and buy the insurance without actually paying for
gifts. If the couple divorces, they score huge multiples on their
"investment." (Apparently the destruction of once-promising
love doesn't deter these "investors.")
4: Garage Bands - Have a few
extra bucks (to lose) and an ear for good music? Well now you can be a
mini music executive and "invest" in garage bands trying to make it.
Who knows... maybe you'll find the next NKOTB...
3: Bicycle Monorail
Pods - Apparently Google invested in this one. I'm
not exactly sure how (or if) it would work, but I have to tell you... it
doesn't look like the most efficient way to travel around the city. Have
you ever waited for some moron to get out of your way while walking on the side
walk? Imagine if you were stuck on a track! I'll be saving my money...
2: Treasure
Hunts - Arrrrggghhhhhh! This one's pretty cool.
Apparently there's at least one
company that will take your cash to fund underwater explorations.
You purchase a share of a treasure hunt and "split the spoils,"
if any. But be careful... when your company is featured in the Wall
Street Journal you expect some discussion about the company's stability,
predictability, or reliability. When, instead, the quote is that the
investment would provide "an investment you can talk to your buddies at
the bar about" (assuming you don't spend all of your beer money on failed
treasure hunts), I'm out! (I wonder if they'd take the cash via chests of
gold coins...)
1: Whale Vomit - That's right,
whale vomit. It's pretty much the worst kept secret in the perfume
industry that whale vomit helps the scent of perfume not dissipate (often
unfortunately so...). As a result, the price for whale vomit has
skyrocketed to about $10,000 a kilogram. I don't know about you, but I'm
pretty sure my last trip to the hot dog truck resulted in about three kilos of
bad times. I have no idea how they "extract" whale vomit, but
my guess is there are quite a few kilos of the good stuff with each
"event." But be careful... scientists thinks they've destroyed the value of
this one...
Are any of you crazy enough to invest in these, or have you encountered any weirder or crazier investments out there? Share your thoughts and experiences in the comments below. (Or leave Nick a note if you liked the post.) And as always, we appreciate it every time you like us or share us.
Are any of you crazy enough to invest in these, or have you encountered any weirder or crazier investments out there? Share your thoughts and experiences in the comments below. (Or leave Nick a note if you liked the post.) And as always, we appreciate it every time you like us or share us.
















































