From classic cars to rare coins, Rolexes to antique guns, you may find branching out from precious metal pays off.

Although gold can help you diversify your investment portfolio, investing in gold comes with some with risks, especially since gold prices tend to fluctuate.

Lucky for you, there are other options.

FINE WATCHES

Watches are not a traditional investment. If you are looking for a safe and solid investment, mutual funds are a better choice.

But for investors who like to own something tangible that will hold its value over time, classic watches can be a good choice.

In particular, Rolexes are the best choice for investors looking for a safe watch investment, said Paul Altieri, a vintage watch dealer and founder of Bob’s Watches in Huntington Beach, Calif.

After 20 to 30 years, Rolexes start to appreciate in value, Altieri said.

This has continued to hold true in recent years even as gold has declined in value.

THE NEWS & OBSERVER (RALEIGH, N.C.) CHRIS SEWARD / Gary Cain from Fuquay-Varina, N.C., poses with his 1940 LaSalle at the Carolina Classics at the Capital car show. The poster shows an ad for the car from the year it was made. Only about 6,500 units of this car were produced. Classic cars are a fun...