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Drink it up

As a real asset, fine wine can provide diversification to protect your portfolio against the volatile effects of inflation and recession.

As of right now, the S&P 500 is down 6.54% over the last year. Meanwhile, the Liv-ex Fine Wine 1000 has gone up 22%.

It offers plenty of growth, too. Since 2005, Sotheby’s Fine Wine Index has gone up 316%. Wine outperformed the Global Equity Index by 1.88% annually over the last 15 years.

Investing in fine wine used to be an option only for the ultra-rich.

But with wine investing platform Vinovest* you can buy into investment-grade wine too, just like Bill Koch and LeBron James.

Getting started with Vinovest is simple. Just answer a few questions about your investment goals and risk tolerance, fund your account with at least $1,000 and Vinovest's master sommeliers will use proprietary algorithms to set up your portfolio.

From there, you can sit back, relax, and enjoy steady yield on this alternative investment*.

Become an art connoisseur

Luxury goods and high-end collectors items have quickly jumped out of reach for the average collector or investor — and let’s be honest, even the above-average collector or investor.

That’s the gap where Rob Petrozzo saw an opportunity. Petrozzo is the co-founder and chief product officer of Rally Rd, which allows investors to buy shares in everything from rare comics to cars.

You can browse Rally Rd’s collection of high-end collectibles and buy a share in a first edition copy of Moby Dick, for example, for as little as $10. While you may not be able to pick it up and flip through, you are a part owner and when that book gets sold, you (hopefully) make some cash.

And Rally Rd isn’t the only platform that helps everyday investors tap into speciality investments.

Masterworks* is an investing platform that lets you invest in iconic artworks — including pieces by Banksy and Andy Warhol.

Instead of buying a single painting, you invest in shares of individual works*, which lowers the typically hefty price tag. All you need to do is create an account and fund your portfolio to start making abstract investments.

Think outside the box

Wine and art aren’t the only alternative investment options out there. But with so many passion assets to explore, it might be hard to narrow down what interests you the most.

Yieldstreet* is a platform that allows accredited and non-accredited investors alike to invest in a broad range of diversifying assets.

From crypto to art to real estate, Yieldstreet makes it simple to invest outside of the stock market and yield solid returns with their professionally-vetted investment opportunities*.

Plus, their team of experts carefully considers your goals as an investor, offering term flexibility and accessible minimums.

You can create your Yieldstreet account by providing some information about yourself and linking your bank account.

Then, start investing, track your performance and earnings and witness your wealth evolve.

About the Author

Moneywise

Moneywise

Moneywise Editorial Team

The Moneywise Editorial Team is a group of passionate financial experts, seasoned journalists, and content creators who are deeply committed to providing unbiased, relevant, and accurate financial information. With years of combined industry experience, our team is dedicated to maintaining the highest journalistic standards and delivering informative and engaging content. From personal finance and investing to retirement planning and business finance, we cover a broad range of topics to suit the financial needs of our diverse readership. You can trust the Moneywise Editorial Team to empower you with the knowledge and tools necessary to make wise financial decisions.

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Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.