![]() (This is not an indication of Masterworks’ overall performance and past performance is not indicative of future results.)įor short-term savings that you might need to draw on at any time, such as your emergency fund, liquidity and safety are the top priorities. Since 2017, Masterworks has successfully sold three paintings, each realizing a net anualized gain of +30% per work. How you weigh those factors depends on what you’re saving for. These include safety, returns, and liquidity - that is, how easy it is to access your money. When comparing investment options, there are several factors that matter. The best investment for you is the one that strikes the right balance of risk to reward. But in general, the ones with the lowest risk also offer the lowest returns. In fact, there are several low-risk investments that offer higher returns than an ordinary savings account. Is there a better option that doesn’t put your money at risk? But at today’s interest rates, it won’t earn much. Then what? If you leave it in the bank, your money stays safe and accessible. ![]() If you stick to these rules for long enough, you’ll end up with a nice big balance in the bank. You know it’s important to keep your expenses under control, minimize debt, and save as much of your salary as you can. You know all the rules for getting ahead financially.
0 Comments
Leave a Reply. |