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Animal Spirits Podcast

An Affordability Crisis (EP.196)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 24 March 2021

⏱️ 55 minutes

🧾️ Download transcript

Summary

On today's show we discuss rising real estate prices, how the work from home trend could impact housing, working at Goldman Sachs, the income required to be considered rich, benchmarking your retirement savings to your peers and more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's animal spirits is brought to you by Masterworks.

0:02.0

The Fed has committed to printing $120 billion every month

0:05.1

and $2.9 trillion in the next two years.

0:07.9

Kinda sounds like a lot.

0:09.2

Add in $1.9 trillion of fiscal stimulus spending

0:11.8

and a potential for $2 to $3 trillion of infrastructure spending.

0:14.6

And many investors are looking to protect their portfolio

0:16.6

from inflation by investing in real tangible assets.

0:19.7

Preserving your net worth as as hard as it's ever been,

0:21.6

just look at how low interest rates are.

0:23.1

But that's where Masterworks.io comes in.

0:25.1

Masterworks.io lets you invest in physical blue chip artworks

0:28.5

by artists like Basquiat, Caws, and Monet.

0:31.0

Art is a $1.7 trillion asset class that is outperforming

0:34.0

the S&P 500 by 172% from 2000 to 2020

0:38.9

with basically a zero correlation factor to equities.

0:42.0

It's no wonder that 84% of ultra-high net worth collect art

0:45.4

and asset class that has historically only

0:47.0

been accessible to the top 1%.

0:48.8

But no longer, masterworks.io is making art accessible

0:52.0

to everyone.

0:52.8

Protect your portfolio and join 130,000 members like Michael Mai

...

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