Buy art like a billionaire
A sponsored post on Masterworks, a platform for investing in blue-chip art.
In the 2020s the intertwined stories of value, money, and finance are being rewritten.
Crypto, NFTs, meme stocks: New World Same Humans has covered them all. And one clear theme? Individuals have never been more empowered to take their financial future into their own hands.
I’m always on the look out for new tools that can enable me to do just that. And Masterworks is one of them.
Masterworks is a platform – the only one of its kind – that allows anyone to invest in iconic, blue-chip art: think works by Banksy, Andy Warhol, Jean-Michel Basquiat and more. Without having to be an accredited investor, you get instant access to an asset class that’s always been the preserve of the ultra-rich.
We all know that iconic art can be a great investment. In fact, contemporary art prices have outperformed S&P 500 returns by 174% since 1995 according to Citi Private Bank. No wonder Deloitte says 86% of wealth managers recommend allocating into art.
The problem for most of us has been access. After all, it was tough to buy a $20 million Picasso unless you had $20 million lying around. Masterworks solves that problem. Join its more than 175,000 users, and you can buy and sell shares in iconic works at the touch of a button.
I’ve already invested in a painting I love by the 20th-century abstract expressionist Joan Mitchell, and I’ve got my eye on a couple of others. I’m looking forward to watching that investment perform; in the meantime, building a portfolio of works you believe in is also just fun.
Ready to check it out? For a limited time, Masterworks has promised New World Same Humans readers priority access!
Happy art hunting.