Billionaire Elon Musk left his audience I tweet (NYSE: TWTR ) deal on July 9, 2022, and Twitter has since promised legal action against Tesla (NASDAQ: TSLA ) CEO.
Much speculation has been made regarding the ‘Why’ behind the change of heart. Some claim it was related to the many open calls for Twitter to examine how many of their users were real versus bots. Others claim it could have something to do with the value of Tesla itself, or the NASDAQ in general, which is down more than 22% since announcing its plan to buy Twitter.
This writer’s belief is that Elon is simply taking his own advice. Elon was recently quoted as saying that a “recession is inevitable” and that it’s generally better to own physical things in troubling times. By that logic, it seems that Elon is preparing for the worst and that he may not be as in love with Twitter as we thought.
The news comes even later George Fisnik and the Belkin Report called for an ‘everything recession’, meaning virtually no market is safe.
It’s always wise to model who you want to be, and if you want to be a billionaire, or at least someone who’s money-savvy and knows how to navigate a failing market, you might want to make Musk-like moves. Bill Gates and a host of others changing your investment strategy for the foreseeable future.
So what ‘physical things’ make sense to own?
Earth: Real Estate usually appreciates. If you’ve been watching the housing market or are into conspiracy theories, you may feel the urge to buy. You can invest in REITs that may focus on specific industries or market segments such as categorized real estate. You can also invest in something like Farmland, via Agricultural land partners (NYSE: FPI).
The move would be modeled after Bill Gates, who has used shell companies to eat up tons of farmland across America and is the nation’s largest landowner. His latest acquisition was met with some trepidation by the local residents of Grafton, ND. This is just one of a string of land purchases by the billionaire and alleged anthropologist.
Other investors are gaining access to this asset class through fractional ownership by buying shares of rental properties for as little as $100, or by buying into unlisted real estate funds that aren’t nearly as vulnerable to market volatility. of shares as publicly traded REITs.
Art: If you’d rather be like Jeff Bezos than Bill Gates, consider investing in Art. Contemporary art prices actually outperformed the S&P 500 by nearly three times from 1995 to 2020. Contemporary art has also appreciated faster than stocks, REITs and even gold during periods of high inflation. At a time when much of the market feels volatile, art offers a historically stable lane for those with enough patience.
Retail investors who don’t have a few million dollars to spare to participate in this market can buy shares of valuable works of art that are expected to appreciate in value.
Looking for ways to increase your profits? Check out Benzinga’s coverage of alternative investments:
Photo by Rokas Tenys on Shutterstock
See more from Benzinga
Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
