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The 7 Wackiest Investments for Under $100
$100 dollar bill

by - July 21, 2013 - 15 Comments

If your savings account isn’t exactly ready for prime time or you are just looking for some weird ways to diversify your portfolio, check out these seven wacky investments. All of them require $100 or less!

1. Invest in a Band

You don’t have to be a major stakeholder in Columbia Records to invest in an up-and-coming band. There are a number of websites that pair individual investors with independent bands that need to raise money to record an album.

The sites let you sample the artist’s music and then you can invest as much as you want in their startup costs with the minimum investment only being $1.00.

Read the terms carefully, but you can often earn interest and royalties on your investment. If you’ve got an ear for talent you might just end up investing in the next Norah Jones or Red Hot Chili Peppers. A good resource to get started is SellaBand.com.

2. Invest in Treasure Hunters

Most of us have had fantasies of discovering buried treasure in the backyard since we were a kid. A few have made full-time jobs out of hunting for old shipwrecks, but for most of us, treasure hunting is something relegated to pulling loose change out of the dryer. However, in the last few years it has now become possible to invest in someone else’s treasure hunt with the possible reward being a share of the loot.

Private treasure hunting companies usually require a several thousand dollar investment from their investors, but one of the biggest companies is actually publicly traded. Odyssey Marine Exploration is traded on the Nasdaq under the ticker symbol OMEX and they have had some incredible finds over the years.

In 2003 the company found the Civil war era SS Republic and recovered 50,000 coins and 14,000 artifacts. Their stock price tripled the next day. In May 2007 they announced finding the infamous Black Swan site and the 500,000 silver and gold coins buried below. Their stock more than doubled, climbing from $4.08 a share to $8.32 a share within a few hours.

3. Invest in a Piece of Land

Believe it or not, the recession has made it possible to buy plots of land for under $100. A popular place to find cheap land is Ebay where desperate sellers are unloading hundreds of bargain plots everyday. Just this week a corner lot in Michigan was sold for $81 on Ebay. A recent auction also saw a 1/4 acre, 30 miles south of Albuquerque, NM, sold for only $52.55.

Of course there are additional costs to owning land such as a title transfer fees and yearly property taxes and there is also no telling what the property will be worth in the future. But you might just strike gold if a Wal-mart decides they need your land for a new shopping center.

4. Invest in a “Second Life”

It’s been compared to “Sim City” on steroids and it has quickly grown into a world-wide obsession the last few years. Second Life is a virtual world that allows users to have virtual families, buy virtual goods, and even get a virtual job.  Purchases on Second Life are made with Linden dollars and Linden dollars have developed real world value as the game’s popularity has increased. Linden dollars are even sold on Ebay!

The game is free to play, but there are a number of investment opportunities that could require a start-up cost. Some players have made money by buying virtual real estate, fixing it up, and reselling in back on the Second Life market. Others have created a popular product to sell in the marketplace or opened up a retail store to sell goods to fellow players.

5. Invest in your Neighbor’s Debt

The credit crisis has led many people to get creative in finding a way to refinance their debt or find a lender for a new purchase. One such method that has surged in popularity is peer-to-peer lending.

Sites like Prosper.com and LendingClub.com allow individuals to apply for credit from the general public. As an investor you can browse through the loan listings and invest as little as $25.00 in each borrower. Many of the loans are offering interest rates of 10-15% which is certainly a lot more than you will earn with the average savings bond. Loans come with risk though, so it best to diversify and invest in several loans rather than shelling out $500 on one person.

6. Invest in a Sports Team

In less you’ve got a country club jacket and an Amex Black, chances are that you will never own a sports team franchise. However, you can own a piece of it just by buying a few shares of publicly traded companies on the stock exchange. The New York Times (NYT) owns 18.5% of the Boston Red Sox and Madison Square Gardens (MSG) owns both the New York Knicks and the Rangers.

The New York Times is currently trading for a little under $10 a share and Madison Square Gardens hovers near $25, which means for a very little investment you can own a piece of one of the most popular sports teams in the country. The New York Times might not be the most prudent investment, but at least you can tell your friends that you own .00001% of the Boston Red Sox. (Update July 2013- The New York Times has sold its stake in the Boston Red Sox)

7. Invest in World Peace

Oprah recently made Kiva.org famous by declaring it as one of her “favorite things”. Kiva’s slogan is “loans that change lives” and it is built upon allowing individuals to invest in small businesses around the world.

Many of the business are run by underprivileged families who are working towards a better life. Sample loans include an opportunity to invest in a family coffee business in Bolivia and another includes a man in Uganda who needs a $175 loan to grow tomatoes.

You can invest as little as $25 in each business and the loans are usually repaid within a year. The investment won’t earn any interest on your money, but you might gain some serious karma which is probably more valuable in the long run anyway. Kiva boasts that they have a repayment rate of 98.91% and will return your money via Paypal when the loan is repaid.

Good Luck Penny Hoarders!

All information provided is for informational purposes only, and shall not be relied upon as personal financial advice.


  • AMY

    Just wanted to let you know that I love your blogs!!! They have definitely given me some food for thought on how to earn extra cash.

    • The Penny Hoarder

      Thanks Amy! Glad to help.

  • http://www.trendiyiz.com bijuteri

    thanks for the article..

  • http://anime.liangtv.com/anime-list/ Matthew C. Kriner

    Hey sweet blog there. keep it up.I honestly like to browse your blog.Last of all have good night

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  • Toney Blafield

    wow, awesome blog article.Really thank you! Will read on…

  • http://www.combatcanada.ca/forum/index.php?action=profile;u=2246;sa=summary Margarett Kereluk

    I really enjoy the blog article.Much thanks again. Really Cool.

    • The Penny Hoarder

      Thanks Margarett!

  • Sharon

    New to your blog, but I love what I’ve read so far. I had just read about kiva.org in a book I’m reading. And you’ve mentioned it here, too. Guess I’d better go check it out.

  • http://about.me/shn Shaun Apple

    This is a great article that makes a lot of cents.

  • Rome

    This is really a great blog! just stumbled upon it and was surprised about the 4th wackiest investment which is the second life, because i actually had the same idea that ive been holding on inside my head for weeks now, too bad it already existed, however its good i dont have to keep thinking about it… Its Done! haha, Thanks again!

  • Stevi

    I love the idea of investing in others. But, the investing sites; Kiva, Prosper, and Lending Club, all require (or the states do) that an investor have a specific minimum income. I just wanted to rant about only the upper income people being allowed to make an even higher income.

    • Andrew

      Ha Steve! I haven’t check out Kiva or Lending club yet. But if what you say is true-then I totally agree with you.

    • LeAnne

      From what I understand having opened an investors account with both Prosper and Lending Club, you need to have some sort of income in order to borrow money (that’s a given), but not to invest. As long as you and your banking info can be verified, and you have money in your bank account to invest (minimum $25), then you simply transfer what you want to invest.

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