In my previous post I have mentioned Invest Republic. Invest Republic is a crowd funding site for businesses. Said differently, it is an equity crowdfunding platform. Invest Republic recently has partnered up with Masterworks to allow investors to diversify their portfolio. Masterworks allows one to invest in art, AI ( Artificial Technology), and wine.
Art not only enhances a home, office, and or school. There are several advantages to art investing. Art can appreciate over time. Art is less volatile. Additionally, there is no market fluctuations in the art investing world. There are various forms of art investing. This presents an art investor with many options such as painting, digital, mixed media, print copies, and sculpture just to name a few. There are three key methods to art investing. First, research the artist. It is imperative to learn and understand the backstory of the artist. Second, research the artwork. Make sure you have understand why the art is significant. Be sure to verify that the work is authentic. Also obtain a certificate of authenticity from an expert. Lastly the third and most important thing is investigate the dealer. In the realm of art investing the art dealer’s reputation matters. Art can be purchased at auctions, galleries, art fairs, and online.
In the words of Trey Songz ” Bottoms up! Hey what’s in your cup?” Many people enjoy drinking wine at home or social events. Wine is a tax-free alternative to bonds and shares. There is also no capital gains tax. If you are a new wine investor be sure to having a savings account. Take time and wait. The next step you need to take with wine investing is finding the best storage options. Find at least three or four bottles to start the process and research the market risks. Masterworks gives the common man an opportunity to invest in wine.
AI ( Artificial Intelligence )
Artificial intelligence is machine intelligence. Said differently, artificial intelligence is the simulation of human intelligence. The four most prominent forms of AI are reactive machines, limited memory, theory of mind, and self-awareness. Carrie Mc Cabe’s article entitled ” Venture Capital Firms Use AI To Invest Better” currently featured in Forbes magazine asserted that venture capital firms use AI ( Artificial Intelligence) algorithms to provide an edge with investment decisions. The data used from the algorithms to monitor communication signals that provide predictions on corporate decisions. If you have the desire to invest in art or wine get started with Masterworks now.
Masterworks Investment Link
Despite the burden of student loan debt for millennials and the wind fall of the pandemic. As long as you have access to a smart phone, laptop, and social media. You can use these tools to reshape the financial trajectory in your life. Even if you still have a 9 to 5 like me you make moves outside of the job to build the foundation of wealth. Be sure to check out my e-book How Millennials Can Rise From The Boulevard of Broken Dreams and Student Loan Debt click this link https://gumroad.com/tonicarter.
Wealth Always Reigns Supreme