Financial Roadmap: Exploring non-stock market correlated investments
Simon Snelder
Making my clients achieve their dreams | Wealth advisor to expats & investors | Host of "Getting Real with Simon"
Success stories often seem difficult to find in the media, which tends to focus on negative news. However, its interesting to note that this philosophy doesn't fully apply to the stock market. While bad news sells, the media also thrives on the excitement of speculating on the next big thing and the potential growth of stocks, rather than just highlighting market crashes.
There's a saying, Fool me once, shame on you; fool me twice, shame on me. I found myself heavily invested in the stock market for years, exploring various options such as stocks, mutual funds, hedge funds, index funds, and commodities. After patiently waiting for six years, I witnessed both ups and downs, and any gains I made were eventually eroded over time. This prompted me to seek alternative investments that weren't correlated with the stock market.
That's when I ventured into the world of art investment, introduced to this opportunity through a new investment partner. Initially, I met them with the intention of guiding one of my clients towards art investment. However, the tables turned as I found myself captivated by the potential that lay within this market. Taking a leap of faith, I decided to explore further and purchased two paintings. To my astonishment, within just one year, my investments yielded a remarkable 100% profit. Surpassing my expectations, art proved to be a more lucrative investment than my six years of investing in the stock market.
My key takeaway from this experience was the crucial significance of expert guidance in the realm of art investment. Having someone with a deep understanding of the market can be invaluable when deciding what to invest in. Additionally, I learned the importance of keeping emotions at bay while making art investment decisions. Despite my personal love for the paintings I acquired, I made a conscious choice to store them securely with insurance, safeguarding my assets for the future. When the time comes to sell them, I wont hesitate due to sentimental value.
Investing in art can be a rewarding venture, but don't just take my word for it. Allow me the opportunity to showcase the possibilities, soon I will be sharing more information about this exciting asset class. But you can also schedule a consultation with me now to discuss this further.
Difference Mutual funds vs Index funds/ETFs
Attention investors! Today, we delve into the captivating world of finance to unlock the mystery behind two powerhouse investment vehicles: Mutual Funds and Exchange-Traded Funds (ETFs).
Mutual Funds: Managed by professional fund managers who handpick a diversified portfolio of stocks, bonds, or other assets. Priced once a day, after the market closes, based on the net asset value (NAV) of the underlying assets.
ETFs: Traded on stock exchanges, just like individual stocks, offering intraday pricing and liquidity. Passively managed to track an index, aiming to replicate its performance, resulting in lower expense ratios. Flexible investment options, including buying on margin, short selling, and setting limit orders.
Highlighted investment of the month: Art
Contemporary art has been outperforming traditional investments with a large percentage.
We work exclusively with one of the largest contemporary art galleries in the world. Their track record for investors is impressive and this why we like working with them.
Would you like to explore more about art investment? Schedule a free consultation with me and we talk about this.
Master Class: Art Investment
What drives art to be such a formidable asset class?
Join us for an enlightening webinar as we delve into the compelling world of art investment. What drives art to be such a formidable asset class? Can one invest in art without a deep knowledge of the field? How does the process work, and what kind of expectations can you set? These questions and more will be explored during our live Q&A session, where we'll also address inquiries from the audience.
Over the past two decades, contemporary art has witnessed an astonishing surge in sales, marking a staggering 600% increase. Once a modest segment of the art market, contemporary art has now emerged as its most lucrative sector. Even amidst the challenges posed by the global pandemic, the art market has demonstrated remarkable resilience and adaptability, setting it apart from other investment classes.
In the year 2020, contemporary art not only weathered the storm but also outperformed other passion investments, including luxury watches and bags. Unlike these possessions, which can depreciate with use, the value of art remains intact, making it a unique and enduring investment. Moreover, art has the transformative power to enhance your quality of life, delighting your senses and stimulating your intellect.
领英推荐
Our esteemed speaker for this webinar is Rishi Taylor, the Head of Advisory at Maddox Gallery. Over the course of six years, Maddox Gallery has ascended to become a global leader in art sales, making art investment accessible to a wider audience.
Join us for an insightful discussion that will shed light on the exciting possibilities of investing in art.
Wednesday, September 27?
17:00 - 18:00 (GST)
Invest 10% - 20% of your salary
Ever feel like everyone's flashing their fancy lives on social media? It's easy to get caught up, but here's the deal: lots of people, even those making big money, struggle to stay afloat. But guess what? There's a game plan that could change the game for you – it's called investing 10% to 20% of what you earn.
Let's dig in and find out how this can be your ticket to financial safety. Spending More, Saving Less? You know how it goes – we're surrounded by images of success, and that can push us to spend more than we should. Even if you're earning a good salary, studies show that most people, around 78%, are living paycheck to paycheck.
That's a tough spot to be in when life throws a curveball. The Magic of 10-20%. Here's the simple but smart move: whenever you get paid, set aside 10% to 20% of that cash and put it into investments. Not just any investments, but ones that can grow over time. Let's Look at Numbers. Facts don't lie, right? Less than half of UAE population save their monthly salary for emergencies or retirement according to surveys. But legends like Warren Buffet and Ray Dalio, who really know the money game, recommend the 10% - 20% investing rule. They've built their wealth by making their money work for them.
Guarding Against the Unexpected. Imagine this: your high-paying job suddenly vanishes. Scary, right? But if you've been smart with your money, those investments you've built can be a safety net. Research tells us that families with investments are better prepared to handle tough times.
Start Now, Thank Yourself Later. Listen up! Committing to invest 10% to 20% of your income isn't just about growing money – it's about securing your future. Time to step away from quick fixes and set your sights on a strategy that fits the life you want.
It's not about overnight miracles, but a steady journey towards a safer financial future.
Ready to be financially empowered?
Schedule your consultation with me
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Investment Manager | Promoter of Financial Freedom | Personal Finance Educator & Speaker | Podcast Host | "Everyone can Work for Money, but I let Money work for you"
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1 年I find it strange that the article doesn't discuss the ethical implications of art investment. Isn't there a debate on whether art should even be commercialized to this extent?