Investing in the stock market:
It is a fairly easy way to get rich without taking too much risk. To do this, you just need to ask your bank to open an account, PEA or Livret A and invest in safe and risky stocks. This is not always advisable for people who are not familiar with it. Nevertheless, it remains a good way to diversify your investment portfolio.
Life insurance contract:
The favorite savings product of the French, it offers real security and advantages in terms of taxation. Unfortunately its rate is quite low. It is often said that when there is no risk, there is no money. I won’t be so radical but it is indeed difficult to get rich with a life insurance contract, especially with a small contribution. Life insurance contracts are generally used to prepare for retirement, to invest money, to protect loved ones, to save money or to pass it on.
It is a financial investment without risk. Its rate of return remains low, but the investment is safe and available when needed.
Investing in a forestry, agricultural or viticultural group:
Investing in a grouping is often much more profitable because it will allow you to acquire larger areas of land. Investing in the forest is becoming increasingly popular among French investors. The Groupement Foncier Forestier, or GFF, allows you to diversify your portfolio through an atypical investment: forest plots.
The forestry and insurance investment account (CIFA) is aimed directly at forest owners with insurance against bad weather. It gives the possibility to deposit money received from the exploitation of the forest and to centralize the expenses. It is also possible to deposit personal funds, up to a maximum of 30% of the total deposits. All the sums placed in this account are exempt from the Impôt sur la Fortune Immobilière (IFI) and from inheritance tax up to 75% of their value.
The purchase of a mobile home
We never think about it but the mobile home can be a very good investment. The positive point of a mobile home is that the entry fee is quite low, around 20 to 40 thousand dollars. Of course the purchase price will depend mainly on its condition, its size and especially its location.
As a reminder, this has revolutionized the approach to camping vacations, offering a level of comfort comparable to renting a cottage with many associated services at the key.
If you want to invest in a mobile home, you will have to look for the best quality/price ratio (I’ll talk about this later) but what you will have to focus on is the location. Tourists tend to appreciate comfort and are more demanding than in the past. Therefore, choose a 3 or 4 star campsite that has entertainment, swimming pools and shops. The famous “everything on foot” dear to holidaymakers!
Investing in old real estate
You can invest in old property thanks to the tax advantages you will benefit from such as the land deficit which will allow you to save up to 10 700€ if work is done.
Investing in recent real estate
You can also invest in new rental property thanks to the Pinel scheme in France for example. Don’t you dream of having your own Parisian apartment for a few euros? Stay alert to the area in which you invest! Indeed, not all cities are eligible for the Pinel scheme.
Investing in real estate crowdfunding
Real estate crowdfunding is becoming increasingly popular. This kind of participative investment can be proposed to you on many platforms approved by the AMF. It is a simple and profitable way to invest in real estate with several people. Real estate developers go through a platform to put their project online (buildings, apartments, offices, houses…). Then you enter the scene, you choose, as on a catalog, the investments which interests you in order to become a co-owner. This type of investment is accessible from 500€. With crowdfunding you will receive rental income as well as interest in proportion to the amount of shares you have invested in the project. An interesting return, a diversification of your savings as well as a security, here is what real estate crowdfunding brings you. Small bonus: you will benefit from tax reductions.