lasimmons
Jul 20
1.7K
26K
39.4%
The accessibility to invest in alternative assets is easier than before with many websites that you can turn to especially when you can’t buy right out.
Wine 🍷 has lower volatility for example when the market crashed in 2008 the s&p 500 dropped 38% while the Liv-ex 1000( which tracks wine) only dropped 1%. For wine there are platforms such as Vinovest or Vint. The return rate for Burgundy wine YTD has been 22%
Typically with fine art you have to be a millionaire to be able to purchase some incredible pieces. But again I won’t suggest anything that YOU can’t be apart of... so there is a platform such as Masterworks which has had a 12% return YTD. They have democratized the space allowing you to buy or sell shares of a piece of fine art. Once the art sells you get a portion of the sale.
These are again just suggestions and alternatives to hedge inflation. Love sharing other ways to grow your money.
#stockmarket
#investing
#inflation
#personalfinance
lasimmons
Jul 20
1.7K
26K
39.4%
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