Welcome to Money for the Rest of Us. This is a personal financial show on money, how it works,

how to invest it, and how to live without worrying about it. I'm your host David Stein,

today is episode 335. It's titled, Are Non-Fungible Tokens? NFTs? A Good Investment?

When I was an institutional investment advisor, I had a number of clients in New Orleans.

I spent a lot of time there. Typically, I'd fly in the night before, have a good meal in the

French Quarter, and then I would often visit some of the art galleries that were in the area.

There was one particular artist that really stood out. Her name is Isabel Dupuis.

She's from France, but lives in the States. I was really impressed with her paintings of

poppies and other flowers. It was very three-dimensional art. About three years ago, I wanted to

hang a painting over our couch in a living room. I have never commissioned a piece of art before,

but I sent an email to her and she agreed to paint the pearl and eye a painting.

But eight feet, it's a field of poppies and other flowers.

It was actually quite reasonable. I think we paid $8,000 for this painting.

She asked questions on what we wanted to guide her as she worked.

She sent updates on how the painting was progressing little by little with pictures. It was a

fascinating process. We still have the painting. It's kind of a pain to move as we move from

house to house. It doesn't actually weigh that much. I didn't really think of this as an investment.

It was something that was beautiful, that we enjoy, that we look at.

Art can also be thought of as an investment. I have spoken about masterworks,

which is sponsored the show. I own a very small fraction of Monet's 1881 painting,

Kudama, which I bought through masterworks. I also like this painting because it reminds me

of taking my daughter to France when she was nine and we visited the coast of Normandy.

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