95: How NOT To Buy Depreciating Assets + Giveaway Winners

Rich Habits Podcast

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.

1. They simply can't afford it.

2. They borrow too much or the interest rate is too high.

3. They pay it off early.

4. They didn't do their research.

5. 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.

See important Masterworks disclosures: https://masterworks.com/cd