Masterworks Part Two

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 20 September 2020

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

For too long, access to blue-chip art investments have been limited to the ultra rich who purchase masterpieces, often historical treasures, and remove them from public display when they enter their private collections. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. With Masterworks, you can invest in history. This weekend we're joined by founder and CEO, Scott Lynn. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Are you ready for a Monzo Business Bank Account?
0:03.3	Heather from the Accountant's Growth Club was,
0:05.3	knowing what cash I have is really important and Monzo Business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:17.0	If you're ready for a Monzo business account, apply today.
0:20.0	Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.
0:25.0	Get tax pots with Monzo Business Pro for £5 a month.
0:28.1	Te's and sees apply.
0:29.2	Welcome to the Jill on Money Podcast. It is Sunday, September 20th, and this is the weekend
0:41.1	edition of the show where we try to give you some interesting
0:44.4	interviews. Today we're playing the second part of an interview we conducted
0:48.8	with Scott Lynn of Masterworks. Masterworks is the first company to allow investors to buy shares
0:56.3	representing ownership of really great masterpieces. We're talking artists
1:00.6	like Andy Warhol and Monet and anyone else that you've heard of
1:05.2	in sort of post-World War II era yeah that's them. If you didn't listen to our
1:10.1	interview yesterday with Scotland he's got a really interesting story and he explains
1:14.4	what Masterworks is. Today we're going to talk about when we might be able to see this concept
1:20.6	of a securitized art investment in something like our retirement accounts.
1:25.8	Here's the second part of our interview with Scotland.
1:28.8	This is not a quick hit though.
1:30.9	In other words, you are asking investors to take a longer view than
	...

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