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The Hustle Daily Show
Move over, stocks — alternative investing apps are here
Oct 10, 2023
Niche investing apps allow you to invest in wine, whiskey, and even music royalties. The hosts also discuss the war in Israel and the Nobel Prize in Economics. They explore the idea of shorter movies and Apple's strategy. Mini Skittles and alternative investing apps like VinoVest are highlighted. Explore the benefits of diversifying portfolios through alternative investments and the range of investment opportunities in these apps.
11:57
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Quick takeaways
- Alternative investing apps provide access to niche investment opportunities beyond traditional stocks and bonds, such as wine, whiskey, fine art, and music rights.
- Alternative investments offer potential higher returns compared to traditional stocks and provide a level of separation from the stock market, reducing dependency on its fluctuations.
Deep dives
Overview of Alternative Investing Apps
The podcast episode discusses the emergence of alternative investing apps, which allow individuals to invest in assets beyond traditional stocks and bonds. These apps provide access to niche investment opportunities, such as wine, whiskey, fine art, and even music rights. The apps democratize investment access, making these opportunities available to a wider audience. Alternative investments offer the advantage of diversifying portfolios and providing potential higher returns compared to traditional stocks. They also provide a hedge against the volatility of the stock market.
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Listen to the best highlights from the podcasts you love and dive into the full episode