Last week on the show we talked about how 90% of all developed government bonds are yielding under 1%.

Cash accounts aren't any better. You're lucky to scrape anything over 1%.

Money has to go somewhere and bonds other than providing a hedge don't provide much else.

If you're looking to diversify outside the market into an asset class that has historically

generated 10 to 25 percent annual returns, then take a look at Masterworks.

They make it possible to invest in the world's most valuable paintings from

artists like Monet, Banksy, and Baskiad. Art is a 1.7 trillion dollar asset class that has

outperformed the S&P since 2000 according to Citibank with almost no correlation

to the stock market. We interviewed Masterworks CEO Scotland from a few weeks ago so if

you haven't already scroll back and give it that a listen it was a really fascinating

episode. So if you're already investing in your

401k every two weeks and looking for an alternative asset class, head to Masterworks

that I.O. tell an Animal Spirit sent you and you could skip their 15,000

person wait list today.

Welcome to Animal Spirits, a show about markets, life, and investing.

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

Michael Batnik and Ben Carlson work for Rit Holt's wealth management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of

Ritholz wealth management.

This podcast is for informational purposes only and should not be relied upon for investment decisions.

Clients of Ritholz wealth management may maintain positions in the securities discussed in this podcast.

Welcome to Animal Spirits with Michael and Ben.

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