Jamie Dimon issues a warning about the US stock market — says prices are 'kind of inflated.' Here's 3 rock-solid ways to crashproof your portfolio

JPMorgan Chase CEO Jamie Dimon isn’t one to sugarcoat his views on the economy — and his latest take on the stock market is anything but reassuring.

“Asset prices are kind of inflated,” Dimon told CNBC on Jan. 22 at the World Economic Forum. “I’m talking about the U.S. stock market.”

His concern isn’t without merit. The U.S. stock market has been on a tear in recent years. Over the past five years, the benchmark index has skyrocketed over 80%, fueling fears that valuations may be running too hot.

Legendary investor Jim Rogers also warned last year that America was “long overdue for a problem” and that the next crash could be the “worst” in his lifetime.

If you share these concerns, here are some strategies to protect your portfolio.

Thor Metals

Diversify your retirement fund with a gold IRA

Learn more

at thormetals.com

FNRP

Diversify your portfolio with grocery-anchored real estate

Learn more

at fnrpusa.com

Masterworks

Invest in shares of contemporary art

Learn more

at masterworks.com

Precious metals

When markets look shaky, investors often turn to gold. The precious metal has a reputation as a store of value and a hedge against inflation, economic downturns and stock market volatility.

Rogers has long been a proponent of precious metals as a hedge against uncertainty. In an October interview with Wealthion, he explained why he continues to hold gold and silver.

“I know from history that the world is going to have problems again … and when the world has problems … it’s nice to have some gold in the closet, or under the bed, have some silver in the closet,” he said. “Because no matter what, many people will turn to gold and silver in times of turmoil.”

Even though markets aren’t in crisis mode, investors have been piling into precious metals. Gold has climbed around 35% over the past year, reaching around $3,200 per ounce, while silver has posted impressive gains of around 36%, reaching over $30 per ounce as of February 2025.

One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Thor Metals.

Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially hedge their retirement funds against economic uncertainties.

To learn more, you can get a free information guide that includes details on how to get up to $20,000 in free metals on qualifying purchases.

Thor Metals

Diversify your retirement fund with a gold IRA

Learn more

at thormetals.com

Real estate

Dimon also expressed skepticism to CNBC about inflation cooling in the near future.

For investors looking to diversify beyond stocks and shield their wealth from the impacts of inflation, real estate remains a compelling choice.

Historically, property values tend to rise alongside inflation, reflecting the increasing costs of materials, labor and land. At the same time, rental income often climbs, providing landlords with a steady revenue stream that adjusts with the cost of living.

Of course, purchasing a property requires significant capital — and finding the right tenant takes time and effort. But thanks to new investment options, you don’t need to own a property outright to gain exposure to real estate.

For instance, platforms like First National Realty Partners (FNRP) allow accredited investors to own a piece of grocery-anchored properties without the hassle of finding and managing deals themselves.

Featured

Gadd Crossing

Hixson, TN

Browse on FNRP

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Crowe's Crossing

Stone Mountain, GA

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Bishops Corner

West Hardford, CT

Browse on FNRP

These are a few examples of past properties or acquisitions from FNRP. For a full list of currently available properties, visit the FNRP deal room.

With a minimum investment of $50,000, investors can own a share of properties leased by national brands like Whole Foods, Kroger and Walmart, which provide essential goods to their communities. Thanks to Triple Net (NNN) leases, accredited investors are able to invest in these properties without worrying about tenant costs cutting into their potential returns.

Fine art

It’s easy to see why great works of art have proven to appreciate over time. Supply is limited and many famous pieces have already been snatched up by museums and collectors. This also makes art an attractive option for investors looking to diversify.

In 2022, a collection of art owned by the late Microsoft co-founder Paul Allen sold for $1.5 billion at Christie’s New York, making it the most valuable collection in auction history.

Investing in art was traditionally a privilege reserved for the ultra-wealthy.

Now, that’s changed with Masterworks — a platform for investing in shares of blue-chip artwork by renowned artists, including Pablo Picasso, Jean-Michel Basquiat and Banksy.

It’s easy to use, and with 23 successful exits to date, every one of them has been profitable thus far. Masterworks has distributed roughly $61 million back to investors.

While every artwork performs differently, overall the past three exits — where Masterworks has acquired, held and eventually sold the art work — delivered representative annualized returns of 17.6%, 17.8%, and 21.5%.

Sold

Joan Mitchell

17.8% annualized net return

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Sold

Yayoi Kusama

17.6% annualized net return

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Sold

George Condo

21.5% annualized net return

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These are a few examples of sold artworks from Masterworks. For a full list of currently available art, visit Masterworks' Price Database.

Simply browse their impressive portfolio of paintings and choose how many shares you’d like to buy.

Masterworks will handle all the details, making high-end art investments both accessible and effortless. See important Regulation A disclosures at Masterworks.com/cd.