12 Common Investments That Used To Be Taboo

Explore 12 investment avenues that were once considered unconventional or frowned upon but have now gained mainstream acceptance.

  • Daisy Montero
  • 2 min read
12 Common Investments That Used To Be Taboo
David McBee on Pexels

Investment landscapes evolve, and what was once deemed risky or inappropriate can become a lucrative opportunity. This listicle delves into 12 such investment types that have transitioned from taboo to trendy.

1. Cryptocurrency

Worldspectrum on Pexels Worldspectrum on Pexels

Once dismissed as a tool for illicit activities, cryptocurrencies like Bitcoin and Ethereum have gained legitimacy. Major financial institutions now invest in and offer crypto services, signaling a significant shift in acceptance. 

2. Short-Term Rentals

Jakub Zerdzicki on Pexels Jakub Zerdzicki on Pexels

Platforms like Airbnb have transformed short-term rentals from a frowned-upon practice to a mainstream investment strategy, offering property owners new income streams. 

3. Cannabis Industry

Vadym Blakyta on Pexels Vadym Blakyta on Pexels

With legalization in various regions, investing in cannabis companies has shifted in cannabis companies has shifted from taboo to a burgeoning market opportunity, attracting significant investor interest. 

4. Socially Responsible Investing

RDNE Stock project on Pexels RDNE Stock project on Pexels

Once considered niche, socially responsible investing (SRI) now attracts mainstream investors aiming to align portfolios with ethical values, focusing on environmental, social, and governance (ESG) factors. 

5. Peer-to-Peer Lending

Photo By: Kaboompics.com on Pexels Photo By: Kaboompics.com on Pexels

P2P lending was once brushed off as too risky to trust. Now, platforms let everyday investors fund loans and earn interest without involving banks. 

6. Collectibles as Investments

lil artsy on Pexels lil artsy on Pexels

Art, toys, and rare sneakers were seen as hobbies, not assets. Today, collectors are flipping them for profit and using them to balance traditional portfolios. 

7. Venture Capital in Unconventional Sectors

Tima Miroshnichenko on Pexels Tima Miroshnichenko on Pexels

Investing in industries like adult entertainment or psychedelics was once off-limits. Now, some VCs see potential and are backing companies in these controversial but fast-growing spaces. 

8. Cryptocurrency Mining

Photo By: Kaboompics.com on Pexels Photo By: Kaboompics.com on Pexels

Crypto mining started as a fringe tech experiment. It has grown into a competitive industry, drawing investors willing to bet on blockchain’s future. 

9. Investing in Emerging Markets

Anna Tarazevich on Pexels Anna Tarazevich on Pexels

Emerging economies used to scare off investors due to instability. Now, they’re seen as key growth zones, offering higher returns than developed markets. 

10. Investing in Startups

RDNE Stock project on Pexels RDNE Stock project on Pexels

Startup investing was once just for wealthy insiders. Crowdfunding platforms changed that, letting regular folks support early-stage companies and share the upside. 

11. Investing in Foreign Currencies

Photo By: Kaboompics.com on Pexels Photo By: Kaboompics.com on Pexels

Forex trading used to be for pros only. Today, retail investors can easily trade currencies online and bet on global shifts. 

12. Investing in High-Yield Bonds

energepic.com on Pexels energepic.com on Pexels

“Junk bonds” sounded like trouble, but many now see them as income boosters. They come with risk but offer returns that some investors find worth it. 

Written by: Daisy Montero

Daisy began her career as a ghost content editor before discovering her true passion for writing. After two years, she transitioned to creating her own content, focusing on news and press releases. In her free time, Daisy enjoys cooking and experimenting with new recipes from her favorite cookbooks to share with friends and family.

Recommended for You

20 Simple Investments That Could Make You Rich in 10 Years

20 Simple Investments That Could Make You Rich in 10 Years

Smart investments today could lead to significant financial growth within a decade.

20 Common Mistakes That Reduce Your Retirement Savings

20 Common Mistakes That Reduce Your Retirement Savings

These mistakes can quietly drain your retirement fund, leaving you with less financial security than expected.