2023 is shaping up to be an exciting year for alternative investments. With interest rates staying low, investors are looking for new ways to diversify their portfolios and make money quickly.
Alternative investments are a great way to get involved in the stock market without taking on too much risk. But which platforms offer the best features for investing in this burgeoning sector?
We’ve looked at the options available and put together a list of the best alternative investment platforms for 2023.
What is an Alternative Investment Platform?
An alternative investment platform is a website or mobile app that allows private investors to purchase alternative asset classes, such as the following:
- Stocks
- Currencies
- Derivatives
The platforms provide access to various markets to diversify portfolios and increase returns.
They also offer access to research tools, educational resources, and professional advisors.
Why Invest in Alternative Investments Platforms?
Alternative investment platforms allow investors to diversify their portfolios and increase returns. They can also protect investors from market volatility, as alternative assets are less influenced by economic cycles.
Furthermore, these platforms provide access to a wide range of markets that would otherwise be unavailable to private investors, such as:
- Hedge funds
- Venture capital
- Commodities
Most importantly, these platforms are designed to make investing easy and accessible for everyone. Using a CRM for private equity can make this process easier.
What are the Risks of Alternative Investments?
As with any investment, there are risks associated with alternative investments. This includes the following:
- High fees
- Lack of liquidity
- Increased market volatility
Therefore, it is essential to understand the risks if you want to get started with investing. It is also advisable to consult with a professional advisor for advice on which platform provides the best value for money.
High Fees
The fees associated with alternative investment platforms can be high, so it’s important to research the platform before investing.
It is also important to compare different platforms and select one that offers the best value for money.
Lack of Liquidity
Alternative investments generally lack liquidity, as these assets can be hard to sell. This means that you could be stuck with an asset for a long time if it doesn’t appreciate in value.
It is essential to understand the risks associated with each platform before investing.
Increased Market Volatility
Alternative investments are more volatile than traditional assets such as stocks and bonds. This means that you could experience significant losses if the asset doesn’t appreciate in value.
It is important to understand the risks associated with each platform before investing.
What are our Top Alternative Investments for 2023?
We have researched the options available and put together a list of our top Alternative Investment Platforms for 2023.
Best for Precious Metals IRA: Augusta Precious Metals
Augusta Precious Metals is one of the leading precious metals IRA providers for investors seeking to diversify their portfolios and make alternative investments in 2023.
As a secure, reliable, and reputable precious metals IRA provider, Augusta Precious Metals has provided forward-thinking investors with physical gold, silver, platinum, and palladium solutions since 2008.
All gold and silver products purchased through Augusta are stored in IRS-approved depository vaults in the United States.
Clients’ metal items are securely stored and fully insured while they remain in the company’s possession.
Augusta offers flexible options to fit any investor’s needs with a range of retirement accounts to choose from, including the following:
- Traditional IRAs
- Roth IRAs
- SEP IRAs
- SIMPLE IRAs
- 401(k)s
- Solo 401(k)s
Why We Picked It
Augusta Precious Metals offers a straightforward, secure platform for investors looking to diversify their portfolios and gain access to alternative investments.
Their competitive rates, backed by their financial strength ratings from the BBB (Better Business Bureau), make them one of the most popular options for investing in precious metals.
Pros
- Secure and reliable platform
- Competitive pricing
- Wide range of retirement accounts
- Fully insured metals while in Augusta’s possession
Cons
- High fees for some products
Best for Gold IRA: Goldco
Goldco is a precious metals and IRA investment firm providing expert guidance to its customers since 2006.
Their team of experienced professionals offers a comprehensive range of services to help you invest in gold.
They provide personalized consultation and free portfolio reviews and allow clients to hold physical gold within their self-directed IRA or 401k account.
Goldco has partnered with some of the biggest names in finance and is a long-term trusted partner for many money managers and financial institutions.
Why We Picked It
Gold can help support your small business, protect your assets against inflation, and diversify your portfolio.
With over $8 billion in assets under management, Goldco is one of the top Gold IRA companies in the United States.
They have provided responsible, reliable, and secure precious metals investments for retirement accounts since 2006.
Pros
- Comprehensive range of services
- Personalized consultation
- Free portfolio reviews
- Trusted partner for many money managers and financial institutions
Cons
- High minimum investment amounts
- Not available to residents in all states.
- Limited investment options outside of gold
Best for Silver IRA: Noble Gold Investments
Noble Gold Investments is a premium gold and silver IRA company that provides secure retirement accounts investments.
The company has been helping clients protect their financial future since 2008 by offering physical gold, silver, and platinum investments in self-directed IRAs.
Noble Gold also offers free portfolio reviews and personalized consultations with their team of certified professionals to help you make the best decisions for your retirement investments.
Why We Picked It
Noble Gold Investments is a trusted name in IRA investing and has provided safe and secure retirement solutions since 2008.
The company offers competitive prices and free portfolio reviews backed by its A+ financial strength rating from the BBB.
Pros
- Secure investments for retirement accounts
- Free portfolio reviews and personalized consultation
- Competitive pricing
- A+ financial strength rating from the BBB
Cons
- Limited investment options outside of gold, silver, and platinum
- High minimum investment amounts required
Best for Vacation Rentals: Getaway
Getaway is a vacation rental platform that offers travelers an easy and secure way to rent the following unique options:
- Beach houses
- Cabins
- Camping spots
- Lakeside homes
- RV spots
Getaway provides a comprehensive selection of rentals in top destinations across the United States.
They also offer personalized customer service from their team of experts as well as exclusive discounts and rewards for loyal customers.
Why We Picked It
Getaway offers a wide selection of vacation rentals at competitive prices.
With over 10,000 listings in the United States and Canada, Getaway has something for everyone.
Pros
- Secure platform for booking vacation rentals
- Wide selection of options to choose from
- Exclusive discounts and rewards for loyal customers
- Personalized customer service from experts
Cons
- High cleaning fees with some rentals
Best for Real Estate Crowdfunding: Crowdstreet
Crowdstreet is a leading platform for real estate investing, offering investors access to exclusive deals in commercial and residential properties.
The company provides an intuitive online marketplace that allows users to screen, select and invest in pre-vetted opportunities with ease.
Crowdstreet also offers personalized advice from their team of experts, as well as detailed analytics and investment reports.
Why We Picked It
Crowdstreet is one of the most popular real estate crowdfunding platforms in the U.S., with over $2 billion in assets under management.
The company offers investors exclusive access to pre-vetted opportunities in commercial and residential properties, along with personalized advice from their team of experts.
Pros
- Low investment minimums
- Diversification opportunities
- Access to institutional deals
Cons
- Limited deal availability
Best for Artwork: Masterworks
Masterworks is a platform for investing in high-end artwork.
The company offers investors access to exclusive deals on paintings and sculptures from leading artists around the world.
Masterworks also provides detailed analytics and investment reports, as well as personalized advice from their team of art experts.
Why We Picked It
Masterworks is one of the most popular platforms for art investment, with over $200 million in assets under management.
The company offers investors access to exclusive deals on artwork from leading artists around the world, along with personalized advice from their team of art experts.
Pros
- Intuitive online marketplace
- Access to rare art
- Security and transparency
- Expert support and advice
Cons
- High minimum investment amounts required
Best for Wine: Vinovest
Vinovest is a platform for investing in fine wines.
The company offers investors access to exclusive deals on rare and vintage wines from leading wineries around the world.
Vinovest also provides detailed analytics and investment reports, as well as personalized advice from their team of wine experts.
Why We Picked It
Vinovest is one of the most popular platforms for wine investment, with over $100 million in assets under management.
The company offers investors access to exclusive deals on rare and vintage wines from leading wineries around the world, along with personalized advice from their team of wine experts.
Pros
- Low fees
- Detailed analytics and investment reports
- Personalized advice from wine experts
- Customization for your portfolio
Cons
- Lack of assets offered
Best for Cryptocurrency: Coinbase
Coinbase is one of the most popular platforms for cryptocurrency investing.
The company provides an intuitive online marketplace that allows users to buy, sell and manage their digital assets.
Coinbase also offers detailed analytics and investment reports, as well as personalized advice from their team of experts.
Coinbase also offers tools for users to trade automatically using cryptocurrency trading automation, allowing them to easily set up triggers and take action when certain conditions are met.
This type of trading automation can be useful for both experienced traders who want to maximize their profits and newcomers who want to get into the cryptocurrency market without having to manually monitor every move.
Why We Picked It
Coinbase is one of the most popular cryptocurrency platforms, with over $25 billion in assets under management.
The company offers users exclusive deals on Bitcoin, Ethereum, and other digital currencies, along with personalized advice from their team of experts.
Pros
- Intuitive online marketplace
- Exclusive access to pre-vetted opportunities
- Personalized advice from experts
Cons
Higher trading fees than some other platforms
Best for Whiskey: Caskx
Caskx is a platform for investing in rare whiskeys.
The company offers investors access to exclusive deals on Scotch, Irish and American whiskies from leading distilleries around the world.
Why We Picked It
We chose Caskx as the best platform for whiskey investing because of its comprehensive selection of rare and vintage whiskies from leading distilleries around the world.
The company also offers personalized advice from their team of whiskey experts, along with detailed analytics and investment reports.
Pros
- Personalized advice from whiskey experts
- Powered by blockchain, making it secure and reliable
- Wide range of assets available
Cons
- Some restrictions when it comes to transferring funds between accounts
Alt Investment Conclusion
Alternative investments can provide a unique opportunity to diversify your portfolio and gain exposure to exciting new asset classes.
Whether you’re looking to invest in art, wine, cryptocurrency, or whiskey, there are now more platforms than ever for you to choose from.
By carefully researching each platform and understanding your goals, you’ll be able to find the best alternative investment platform for your needs. Good luck!
Do you have any questions? Let us know in the comments below!
Alternative Investment FAQ
A good alternative investment platform should offer an intuitive online marketplace, access to exclusive deals and assets, personalized advice from experts, detailed analytics and investment reports, and low fees.
The most common types of Alternative Investments are art, wine, cryptocurrency, whiskey, real estate, and venture capital.
Alternative investments can be risky, as they may involve high levels of volatility and complexity. It is important to do your research before investing in any alternative asset class and to understand the associated risks.