2. Invest in fine art
Much like investing in real estate, we’re programmed to think that investing in fine arts is unattainable unless you’ve got thousands of dollars laying around. And once again, a new company is here to change the game. You can use MasterWorks to tap into the global art market.
It works by allowing you to buy partial ownership of blue-chip artwork. In business, this term is used to describe the largest or oldest companies, especially industry leaders, whose value is universally accepted, and it works with artwork too.
This option is less volatile than playing in the traditional stock market, though that doesn’t mean it’s not without risk. Just because something performed well in the past doesn’t mean it’ll continue performing well in the future, which is why you have to be careful about your selected investments. If you want to join the MasterWorks community, make sure you educate yourself on their fees and terms beforehand.
