By Fred Hubler, CEO & Chief Wealth Strategist of Creative Capital Wealth Management Group
You no longer need to be a millionaire to own a Picasso. From rare wines to fine art, collectibles are moving out of private vaults and into the portfolios of ordinary investors thanks to emerging platforms that fractionalize ownership. These items not only satisfy personal interests but also offer the chance to diversify an investment portfolio.
In the past, investing in collectibles required finding an auction house or maintaining the right connections to private dealers. Technology is changing that experience.
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