In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz discuss the five biggest mistakes they believe people make when buying depreciating assets.
- They simply can't afford it.
- They borrow too much or the interest rate is too high.
- They pay it off early.
- They didn't do their research.
- They roll negative equity into it again and again.
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Disclosures: Masterworks affiliated issuers have now conducted more than 420 offerings of securities, representing over $1.02 billion in Art Investments, as of June 30, 2024.
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