Any investor knows that latching on to a new craze product is a sure-fire way to turn a fast profit. An example of this has been the advent of craft beer; defined in the States as a craft brewer as one that produces “less than six million barrels of beer a year.”

Over the past 5 years, it has become the ‘hippest’ product for adults to spend their disposable income on. But, for investors, that ship has sailed. So what is the next in-thing to pump your cash into? Here are a few of the newest products that might just have the consumers cooing.

Smoking/Tobacco Products

A recent US study has revealed that 11 per cent of the world’s 11-15 year olds are using tobacco products. Does this suggest a potential future trend and surge in sales?

The global tobacco market is thought to be worth around $770billion, with ‘vaping’, the new kid on the block, expected to reach a market worth of $32billion by 2021. Smokers who are trying to quit are now looking at cannabis vaping to help them stop the addiction. Websites like Cigar Lounge have articles on cannabis use, tips on how to store cannabis, and much more. Clearly the cannabis market is booming, and investing your money in it might be a good way to go about it.

If you have been thinking about investing in the world of tobacco or its related goods, now could be the time to take the plunge. There are hundreds of products available to consumers, so it could be a matter of deciding which ones you think will take the market by storm and multiply your cash injection.

Stock Trading Apps

Like you, everybody is after a way of making their money make money. A relatively small percentage of people in the world have acquired the skills necessary to work the stock market professionally, but it now far less of an enigmatic world.

There looks to be a new trend of trading apps hitting the virtual shelves which look to make the stock markets accessible, understandable and fun. Most these apps allow users to ‘play’ the markets without putting capital at risk – those who catch the bug will be increasingly encouraged to put real money into an account.

The standard minimum credit is $100 so it is no different to putting regular bets on sports, for example. As an investor in this type of app or programme, you will always have a steady stream of intrigued users willing to ‘have a flutter.’

Drones

Whether it’s for a service provider or in the hobbiest market, drones are most certainly ‘on the up’ (sorry). They make the headlines for creating problems for air traffic controllers, but these products are becoming more and more affordable and useable.

E-commerce businesses have begun using them, as have researchers, TV and film makers and humanitarian agencies (delivering supplies etc.). They are cool, engaging and useful, which are three of the magic words when it comes to new crazes.

Crowd Lending

There has never been a better time to get involved in this type of investment, which is on an upward curve in popularity. With the credit market still tentatively trying to revive itself, businesses and individuals are looking for new, low interest ways of borrowing.

So-called crowd lending allows numerous capital investors to make safe injections of cash; most of these lending businesses guarantee loans and put borrowers through vigorous credit checks to give the ‘lenders’ the best possible opportunity to get back their investment – with interest.