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Rich Habits Podcast

57: Diversification in 2024: Three Undiscovered Strategies

Mar 25, 2024
Exploring unique diversification strategies in investment portfolios such as wine and whiskey. Profiting from farmland and timberland investments for steady returns. Investing in fine art and owning fractions of valuable artwork. Using the Griffin app for investing while shopping and benefits of health savings accounts. Maximizing investment returns with unique funding strategies and innovative investment choices.
27:56

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Quick takeaways

  • Investing in alternative assets like wine and whiskey can provide substantial returns outside traditional markets.
  • Considering farmland and timberland investments can offer stable returns with diversified portfolio options.

Deep dives

Diversification through Alternative Investments: Wine and Whiskey

Investing in alternative assets like wine and whiskey can provide substantial returns outside traditional markets. Historical data shows wine offering a 9% annual return over 120 years and whiskey averaging 13.8% annually from 2015-2022. Platforms like VinoVest and Vint offer opportunities for investing in these assets, with examples showing significant returns.

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