Where do Rich young Americans invest other than stocks?
Jan 30, 2023
1 min read
This article talks about Rich Millennials Americans and how they now invest in:
Investment Avenues for Rich Millennials
Fine Art - Through Masterworks
Real Estate - Many are using REITs
Private Equity - If they can hit that threshold
Most NORMAL MILLENNIALS don't have access to this, but they can buy a $600k 3-family with $150k out of their pocket. This also allows them full control of the purchase and day-to-day management of that asset. This is a great diversification play away from the stock market.
And, as we know, it is fun to see your asset grow in value and how you have a true impact on that.
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