Investing some of your retirement savings, whether it be in a 401(k), IRA, etc, can be a smart move if you want hedge against a downturn in the market of traditional assets and spread out your risk.
Alternative investments are a bit different from the usual stocks, bonds, and cash that are typically held in a retirement account. Alternatives include things like real estate, commodities, private equity, art, pre-IPO shares, digital assets, etc. The key thing about them is that they often don’t move in the same way as regular investments. So, when there is a downturn in the market for traditional assets, you can expect a different story in the market for alternative assets.
Should you invest your entire retirement savings in alternative assets? No! Of course you shouldn’t, But, you should invest at least some of your retirement saving in alternative assets. How much of your retirement savings you place into alternative assets comes down to a few factors, including how close you are to retirement.
However, not all savings providers give you the option to invest in alternative assets. Most providers will only give you access to the traditional list of assets. To access alternative assets, you have to visit providers like Rocket Dollar.
Rocket Dollar is partnered with hundreds of alternative asset issuers including Yieldstreet (funds), Masterworks (art), Cityfunds (real estate), and One Gold (precious metals), and brings together all of their respective options under one app.
If you have any more questions about investing in art funds, like that offered by Masterworks or Yieldstreet, please reach out to mark@easelinvesting.com, and we would be happy to set you on the right path. Additionally, you can learn more about Art ETFs here.
