Buy low, sell high
If you are asking this, the best answer for you is probably to just put your money in an index fund
Owning land.
What is a index fund? I made this post when #6 and #7 made their post.https://www.bankrate.com/investing/best-index-funds/
Sadly I don't have enough cash for that option.Most people I know didn't either. They just got a loan. And with that loan invested some into making money off of the land.
alright, I'll tell you a serious wayMy property is going to be dead center of the upcoming eclipse in April. The local hotels have been booked for 2 years. My friends keep saying how much I'd make to let people tailgate here but damn.
once you have money and can buy land, at least 3-4 acres ideally
start researching local or nearby national parks, large events or festivals in your area (like music festivals, renaissance festivals, etc), and see if there are camp sites nearby
buy land in that area, ideally between whatever local major events or parks and the already existing camp sites
convert the land into a camp ground
start renting the land to campers for one weekend at a time
it's cheaper than buying a house or houses to turn into airBnBs, far less maintenance (at most it will be amenities like showers, out houses, etc), and less cleaning (but you will still need to clean)
and you'll need to do work or pay someone to create paths and plots.
but it's pretty frugal. in my area, camp sites with no water or electricity are $50-60 a night, with water and/or electricity are upwards of $75-100 per night. the camp sites that have cabins can be up to $300-400 per night
I don't trust people to not trash my place up,bring controlled drugs and what not. But from what I hear,it could be a peak hustle.my cousin and her husband both quit their jobs as lawyers to own a campsite/airBnB and they make around triple what they used to make. I've actually thought about working for them cus it sounds fun lol
If you are asking this, the best answer for you is probably to just put your money in an index fundcame itt to post this
Step one: Be born filthy stinking rich
Step two: Hire someone else to invest it for you
Step three: Cozy up to the fascist party in order to get sweet tax breaks in exchange for helping them destroy the country you live in as well as the stability and prosperity that made your exorbitant wealth possible in the first place
Step four: Die as helplessly and afraid as anyone else as your money fails to protect you from outliving your usefulness to the fascists