Do you invest in alternative investments?

[Baptiste Wicht]

Hi,

I have been thinking recently about alternative investments and was wondering what people were holding in the community.

On our side, we have (very) little physical gold and since very recently some cryptocurrencies. But even together these two make 1.5% of our entire net worth, so it is more testing them than investing in them.

What about you?

 

[gaijin]

Interesting. I don't have such investments and don't plan for them in the near future. Do you also want to capture people like me with the survey? In that case you'd need an additional answer like 'I am not investing in alternative investment.'.

 

[Baptiste Wicht]

Interesting. I don't have such investments and don't plan for them in the near future. Do you also want to capture people like me with the survey? In that case you'd need an additional answer like 'I am not investing in alternative investment.'.

Fair, I added a `None` option

 

[Lelouch]

I have 5% invested in crypto through YUH that I started this year.

 

[airzenith]

Round 6% in alternative asset (mainly precious metals and a bit wine, watch and art) as a hedge against inflation. The idea is that the quantity of money printed by the central bank will carry on expanding the money supply. Whereas it's harder to expend the supply of alternatives asset (especially precious metals) in the same proportion. I started to invest in precious metal after having read Marc Faber. He sees US stock rather overvalued and precious metal cheaper (summarized in a nutshell) . It is an interesting discussion topic

 

[Baptiste Wicht]

Thanks for sharing, guys!

wine, watch and art

Are you doing it yourself or through a platform?

precious metals

Are you doing physical gold?

 

[airzenith]

With Splint invest. There are fees (ie 1.7% per year for physical gold hold in a bank in Bern, round 3% yearly fee for art or Louis Vuitton shoes, 2.5% whiskey). +2% selling fees. I try to invest during special offer to compensate. It happen one or twice per year 50.- CHF is offered when 200.- is invested. Three reasons to invest :

- 1 protection against inflation
- 2 owing a tiny little part auf my networth in physical asset (if financial pearl harbor happen)
- 3 the team is reachable, I met Aurelio twice

+ A little bit with revolute (legacy from before, I don't Invest anymore fees are to high)

 

[Baptiste Wicht]

Thanks for sharing. Are you happy with the service (despite the fees)?

 

[airzenith]

I'm happy with the platform, the assets are growing and I feel more confident to
own a tiny bit in tangible asset. Splint has met all my expectations

 

[Baptiste Wicht]

Thanks for the feedback.

 

[Francomac]

I suggest adding another vote button such as 'I plan to do in the future'