Different asset types are traditionally used to hedge against other types that are experiencing a market downturn, but with the current environment, even crypto tends to rise and fall in the same trend as market activity in general. So, what are alternative investments, and how can it help your investment portfolio? Join Mo Bina in this episode of the Purpose-Driven Wealth podcast with Stefan Von Imhof, CEO of Alts.co in a very informative discussion on alternative investments. They discuss different asset classes, like sports memorabilia, concert posters, wine, and vinyl records. Stefan’s alts.co are creating databases and indexes on untapped assets and markets. In this episode: · Stefan’s story: from micro private equity to alternative investments · Alternative investments and its role in portfolio diversification · How alts.co helps investors? · On building databases and indexes for alt assets · Analyzing asset performance based on the database. · On data sources for sports memorabilia · Creating data and indexes for markets without one. · On wine as an asset class · On luxury watch market · Selecting asset classes or opportunities · Red flags when vetting or evaluating. · Authenticity issues on wine, tequila, and alcohol · Alternative asset classes that alts.co currently like · On cash flow-based vs appreciation-based opportunities To listen to the full episode: https://podcasts.apple.com/us/podcast/episode-84-exploring-the-alternative-investments/id1611580544?i=1000617692560 https://www.purposedrivenwealth.show/ To get our free eBook on passive investing in CRE, you can access it using this link: https://www.high-risecapital.com/resources-index #purposedrivenwealth #podcast #alternativeinvestments #redflags #investing #people #community #money #wineinvesting #tequila #alcohol #sportsmemorabilia #privateequity #luxurywatches #vinylrecords #concertposters #cashflow #appreciation #databases