Reality check – are people really ditching the stock market for “art investments”?

Photo above - Some painting by Claude Monet sold for $110 million this year. If you'd like to begin investing in art, maybe start with Emily Kraus, who is shown "reinventing painting" here. Emily's stuff probably goes for a bit less . . .

AI is gonna crash, and our 401Ks are all gonna die. Better pivot to the next big thing: collectable art. Stop laughing. That’s MSN’s clickbait of the day. (see link below. MSN warns their links are monetized – which means "ka-ching" when you click on any of them)

I’m ready to go all in. Claude Monet’s “Haystacks” went for $110 million at auction earlier this year. I might have paid that much for one his famous Water Lily paintings. But piles of hay? Come on!

Okay, nobody in the real world is going to cash out their 401K for a pictures of straw – or some garden pond. The hottest new artist (according to google) is Emily Kraus, who is apparently channeling Andy Warhol. Emily has had several shows. All her paintings were quickly snapped up. Prices not disclosed. That’s how galleries handle artists who are still churning out masterpieces. Emily's great grandkids will give an interview in 80 years about you could have bought an original in 2025 for the price of a Toyota Camry, it's now worth $110 million. Will a Camry hold it’s value better than a random painting, or does the car have additional utility when grocery shopping? AI companies are either going to crash or zoom higher the moon. If you can’t decide which of these is more likely, then perhaps unknown artists make you feel smarter?

Abstract paintings probably don’t have as much cachet as crypto currency, which MSN is also touting this morning, if you can’t tell good art from bad, that's pretty much the story with crypto too. There are 10,000 active crypto currencies out there, and several million “dead” ones. But when MSN says buy crypto, they're talking the Claude Money of crypto: Bitcoin at $100,000 per coin. If you don’t want that, then close your eyes and throw a dart at one of the other 10,000 options.

If you feel unknown art and half-cent crypto are insanely risky, MSN has a final recommendation: Real estate. Yes, the housing affordability crisis is real. And you can now become part of it. Buy up vacant properties, repaint them, and then rent them out. It's just that simple in MSN's world. Unless someone doesn't pay their rent, or starts a fire.

I’m just sayin’ . . .

https://www.msn.com/en-us/money/savingandinvesting/rich-young-americans-are-ditching-the-stock-market-here-are-the-alternative-assets-they-re-ban

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whowasthatmaskedman · 70-79, M

The stock market is way overpriced right now. The Majority of activity is down to big corporations buying up their own stock. This is explained in that these same corporations cant find anything more profitable to do with their money right now.. Without this activity, the market would have taken a diven a long time ago. At the lower levels, many financial institutions are buying up land and housing stock. Both as a store of wealth and to shore up flagging markets. The car market is cracking and bankrucies are climbing..And nowhere near as much of the bad debt has been sold overseas this time.. This, combined with the overseas fall from grace of the Treasury bonds leads me to believe that this next crunch is going to look more like 1930 than 2008. As impractical as a Monet might be. There are worse ideas. Its not like they can print more of them..😷

Nitedoc · 51-55, M

@whowasthatmaskedman True enough, but most people don't have that kind of money laying around to invest. You can still make money on the short, for one way. I'm hardly am expert though.

whowasthatmaskedman · 70-79, M

@Nitedoc I accept that. Just remember,Futures are not investing. They are gambling. OK for you. But it does nothing for the future but put comissions in the brokers pocket.😷

Nitedoc · 51-55, M

@whowasthatmaskedman Yes, it is gambling but a few small gains can and do off-set the loses. It's not for everybody but you can still do well in the market if you don't get greedy or reckless. You never bet the farm on any stock!

SusanInFlorida · 31-35, F

@whowasthatmaskedman i've viewed the market as overpriced since the obama presidency. in an era of soaring national debt and declining home ownership caution should supercede bullishness.

whowasthatmaskedman · 70-79, M

@SusanInFlorida I agree.. If anything, your remarks are not strong enough. Right now, anyone with $US is looking for something else to convert them into..Even the drug lords are buying assets. This really is the closing act for the $. Even though it will take a long time to die..But as you say, its been on life support since long before Obama..😷

SusanInFlorida · 31-35, F

@whowasthatmaskedman the US dollar is a depreciating asset. because there are ever more of them being printed.

land, gold, and fentanyl are in short supply

whowasthatmaskedman · 70-79, M

@SusanInFlorida Thats my point..People getting out of cash are pushing up the price of other assets..😷

SusanInFlorida · 31-35, F

@whowasthatmaskedman i have a friend who is convinced that Crypto will be the last currency standing. He says that if Russia or China issued national crypto it would be more successful than Bitcoin

he is off his meds. his therapist is on vacation.

whowasthatmaskedman · 70-79, M

@SusanInFlorida I have nothing against the idea of Crypto. That is the block chain tech and untracability. But it lacks the backing of a reputable control. Look at the hammering the cred of the $US lately, because of a certain person who shall remain nameless here.. And most trade in crypto, rather than utilizing it as a means of exchange.. The fact that the Trump family is into it tell you all you need to know..😷

SusanInFlorida · 31-35, F

@whowasthatmaskedman i feel overmatched already when i look at the NASDAQ. I don't want to even think about the 10,000 different cryptos which are still alive.

whowasthatmaskedman · 70-79, M

@SusanInFlorida Try thinking about the $US as being monopoly money that all the smart people are trying to convert into anything else right now. Before people work out its a worthless scam. (Just like crypto)😷