Alternative Investment

Ultra Wealthy Individuals Allocate An Average Of 5% Of Their Net Worth To This Asset Class

The ultra-wealthy have access to alternative investments like private equity, hedge funds, and private real estate. However, wealthy investors have been known to allocate 5% of their net worth to collectibles. Collectibles can include investment-grade wine, old cars, sports memorabilia, and even fine art.

Physical and virtual art is becoming more popular

With the world becoming more virtual, it’s become even easier to buy art remotely. Many galleries have been having online auctions and online payment processors make it seamless to acquire them. 

Aside from buying physical art, Public lets investors buy shares of collectibles like a 2001 Hermes Birkin bag (total value $58,000 outstanding shares $5,8000).

Aside from physical art, non-fungible tokens are becoming more popular. For example, Everyday: the First 5000 Days NFT was sold for $69.3 million. Many of these non-fungible tokens are powered by crypto like Ethereum which can be bought with a  Public account.

Earn up to $10,000 by funding a public account today

Public.com has a special limited-time deal, investors can use the code “BENZINGA” to earn up to $10,000 (subject to account size) when transferring outside money from another brokerage to this platform.

Public.com makes it easy to invest in other asset classes outside of collectibles like stocks, ETFs, and crypto.

Create a free account and potentially earn lucrative bonuses with Public.com today!

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