WobblyCupcake
WobblyCupcake

Investing in modern art. Good or bad idea?

Hey Viners, Has anyone here tried investing in modern art via platforms like Masterworks? Sounds like an interesting value proposition to diversify.

What are the cons one should keep in mind?

Post image
17mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SillyJellybean
SillyJellybean

You'll need an understanding of the art world for better returns tbh. Fine to allocate a small sum.

Cons is the same as most other illiquid assets, can lead to losses or marginal gains and high opportunity cost.

SillyJellybean
SillyJellybean

That's for art in general^ ownership is yours. Which means taking care of it is your responsibility.

Masterworks is a business entity at risk of the usual perils , if they go under you might lose money. And you don't own the painting, only a hypothetical fractional token.

WigglyPretzel
WigglyPretzel
HSBC17mo

SCAM

Gif
CosmicQuokka
CosmicQuokka

While not exactly this, but I got 100$ in hedonova they made it 113$ within 5 months maybe,

It's some sort of hybrid alternative investment fund based out of USA/Singapore.

If you're the explorer types, I'd recommend checking it out, it'll be a diversified bet outside of Indian markets.

PeppyKoala
PeppyKoala

Will try it when I have enough money to launder

QuirkyNugget
QuirkyNugget

Are you someone who has >5 cr liquid investable corpus? If not then it's better to stay traditional till then.

Discover more
Curated from across
Indian Startups
by JazzyJellybeanPerformance Marketer

What is the next big thing in India?

Considering Edtech, Fintech, E-commerce is done

Top comments
user

startups solving loneliness

user

Kannada learning app :D

user

All the middle class dreams , luxury outing, luxury clothes, overpriced and branded food, exclusively customised thi...

Personal Finance
by FuzzyCoconutSoftware Developer

Post tax 7 lac a month. Double income no kids, but not sure what do with all the money.

Me and my wife are 30 years old software engineer with no kids. Draw 7 lac a month please some yearly bonus. We invest 2 lac a month combined into equity market through mutual funds.

Expenses: 1.5 lac a month including everything, li...

2.9K
Top comments
user

Hey - we are also similar to you. Would strongly suggest finding something you’re passionate about. For us (prim...

user

Funny how no one commented to be adopted by you 🤣

user

Bro My suggestion is Buy some big land in outskirts and save some in your Account. Once you fell not intereste...

Banking & Finance
by PerkySushiSoftware Developer

Indians Investing in US stock market

Hey everyone!

I’m exploring options for investing in US stocks from India and have filtered out INDmoney, Vested, and IBKR. I’d love to hear from those who actively invest—which platform do you use and why? Any pros and cons you’ve exp...

988