Okay, I was joking on the 'Random Thoughts' thread about investing in postage rate futures, but there really are investments schemes equally unusual out there. I once heard about people involved with trading in AIDS patient life insurance futures! Talk about morbid! Bear also recently bumped a thread about 'private equity groups'. Not something I hear about every day, but perhaps people more closely involved in money management treat it as a fairly mundane thing.
Commodities trading (as anyone who has ever seen the movie "Trading Places" can tell you) is really nothing but legalized gambling. One doesn't hold commodities to collect dividends or stockholder proxy votes. Nope, you just buy and sell based on whether you think the price is going up or down - plain and simple.
Real Estate has spawned more than its fair share of unorthodox (and sometimes illegal) investment schemes as well. For instance, no one ever heard the term 'time share condo' before 1980 (or some time around then), now one ever visits Disneyworld without first listening to a high pressure time-share sales pitch. I think it's a law in Florida that all adult residents have to volunteer at least 5 hours a week pitching time share condos (or is doing so one of the ways one can serve their 'community service' time....I can never keep that straight)?
What other strange, unusual, or obscure investment schemes have you heard about? (spammers be forewarned: this is NOT an opportunity to tell us about freeing up your assets in Nigeria! or providing links to any other great investment 'opportunities')