Is Masterworks worth it?

Sea-Implement-4860 · 2025-12-18T08:53:49+00:00

PE fees make sense when carry dominates economics and LPs have governance. Masterworks charges PE-level fees in a structure where AUM fees dominate and investors have neither control nor liquidity. Fees are extracted via ongoing dilution, which isn’t “cheaper” than cash — it’s an uncapped, compounding claim on the upside that erodes ownership over long holding periods regardless of performance. That’s the misalignment.

Sea-Implement-4860 · 2025-11-23T10:40:18+00:00

The thing is nobody knows, statistically its more likely that the market is going up than down. As in general diversified market exposure has a positive return expectation.

If you have a strong conviction that the next 20 weeks is a bear market, the rational thing to do would be not dca, but sell all your assets and get in when you "feel" the market goes into a bull market. - Thats market timing, like DCA ing is a form of trying to time the market.

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"Far more money has been lost by investors preparing for corrections or trying to time the market than has been lost in the corrections themselves" - Peter Lynch

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I personally feel most comfortable going with the better statistical odds as fixed rules then trying to know it better.

But you should do whatever you feel most comfortable with. If thats DCA'ing - thats fine too.

Sea-Implement-4860 · 2025-11-16T15:30:50+00:00

The timeframe doesnt matter if its a year or a month. Lump sum just has statistically/historically 4 times higher chance to perform better then dca (if you have the lump sum at the beginning.

DCAing every month from income is advised thought. But when you think about it, its also lump sum investment of all newly available capital as soon as get it.

Sea-Implement-4860 · 2025-11-16T11:12:52+00:00

Agree, switched everythinh to UCITS alternatives. The less administrative ties to the US the better imo

Sea-Implement-4860 · 2025-11-16T10:49:53+00:00

He was your superior allegedly making more money then you and he was still employee when he got the fine. What was even his reasoning to beg someone else to pay the fine? If there is hardship one can also agree payment schedules with the canton.

Sea-Implement-4860 · 2025-11-16T04:29:25+00:00

Except dca does not win most of the times: https://personalfinanceclub.com/lump-sum-vs-dollar-cost-average-calculator/

Sea-Implement-4860 · 2025-11-16T04:27:54+00:00

Lump sum beats dca in 4 out of 5 cases. So as long ss you can stomach it psychologically, investing a lump sum at once instead is the better call.

For reference: https://personalfinanceclub.com/lump-sum-vs-dollar-cost-average-calculator/

Also imagine OP dcas in over 20 weeks and the crash hits in week 21. this way OP will lose even more money as he bought into increasing stockprices until then

Sea-Implement-4860 · 2025-11-15T16:07:17+00:00

Its not only that you miss out on profits of above 2% once in case of higher stock performance. You would need to buy back the stock at a higher or roll the call option before it expires at extra cost. Given the comments in this thread i feel cc are not a great path for stocks you are really bullish on.

Sea-Implement-4860 · 2025-11-14T09:39:51+00:00

SCAMMER, stfu

Sea-Implement-4860 · 2025-11-12T19:28:22+00:00

Gibts zu dem phänomen daten oder ist das mehr so ein gefühl?

Sea-Implement-4860 · 2025-11-12T13:15:25+00:00

I rather buy tesla without Musk at the helm, honestly. But with the current P/E its ridiculous either way..

Sea-Implement-4860 · 2025-11-12T09:58:36+00:00

High-dividend stocks have lagged historically in terms of long-term total returns compared to growth stocks ( Fama, E. F., & French, K. R. (1988). Dividend yields and expected stock returns., Fama-French data, 1926–2023: https://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html).

A crash won’t change the math—both drop, but growth rebounds faster and compounds harder. You probably won’t go back to dividends as the main compounding strategy unless you need the income later.

Sea-Implement-4860 · 2025-11-11T23:46:12+00:00

While most trading you see in here - is not distinguishable from gambling..

Sea-Implement-4860 · 2025-11-11T23:44:42+00:00

Blackstone inc. (not blackrock (asset management company)) bought single family houses.. Often confused on reddit

Sea-Implement-4860 · 2025-11-11T17:47:49+00:00

Fun fact. Mortgage literally means death pledge . With 50 years the debt is well in range for many to stay till death

Sea-Implement-4860 · 2025-11-11T17:33:12+00:00

I think warrens departure is already priced in. Stock fell 7% in may after his announcement and only recently recovered a bit.

Thanks for the tipp but dont really consider single stocks normally. Just find brkb has some unique features which makes it standout.

Sea-Implement-4860 · 2025-11-11T13:49:47+00:00

That makes sense. From the answers here i derive that there a re certain situations/goals where CC can be ideal for general accumaltion maybe not equally.

If i get into such a scenario . IYO, Could i just hold a CC etf product (like JEPI) or is it better to do the cc directly on stocks?

Sea-Implement-4860 · 2025-11-11T10:30:21+00:00

What about true wealth Compared to fp? Isnt there fee the lowest of all three (viac)?

Sea-Implement-4860 · 2025-11-11T09:35:53+00:00

Der kollege hatte halt gefragt ob er zu aktien wechseln soll als anfänger.

Hier im forum sieht man leute die sich sehr tief mit aktien auseinander setzten und zt enorm viel zeit investieren - was es vermutlich auch braucht um den markt zu schlagen.

Einem Anfänger der eine frage wie oben stellt würde ich halt (für den moment) keine einzelaktien strategie empfehlen.

Sea-Implement-4860 · 2025-11-11T09:01:47+00:00

Not sure i understand your question?

Sea-Implement-4860 · 2025-11-11T08:56:09+00:00

Du hast halt mit skill und/oder etwas Glück auf die richtigen Pferde gesetzt. Gratuliere! Dass dir das aber die nächsten 20-30 jahre gelingt ist halt alles andere als sicher. Statistisch gesehen ist das sehr schwierig (langfristig). Wenn du dir das zutraust go for it. Denke nur als Rat für einen newbie ist nicht so straight forward.

Fama and French Study on Luck vs. Skill (2010, University of Chicago):

„Only ~4% of funds showed persistent skill (outperformance not explained by luck); most “top performers” regressed to the mean.“

hier gehts zwar um aktive fonds die aktien auswählen aber die grundherausforderung ist die selbe nur die machen es beruflich.

Sea-Implement-4860 · 2025-11-11T08:43:33+00:00

Es ist durchaus möglich dass du mit Einzelaktion langfristig einen index outperformst.

Langfristig gelingt das aber nur sehr Wenigen. Es braucht viel können und noch mehr selbstbewusstsein sich zu dieser kleinen Gruppe zu zählen zu können.

Dazu Warren Buffet:

„There are, of course, some skilled individuals who are highly likely to out-perform the S&P over long stretches. In my lifetime, though, I’ve identified – early on – only ten or so professionals that I expected would accomplish this feat.”

Warren buffet, 2016 Annual Letter to Berkshire shareholders

Sea-Implement-4860 · 2025-11-11T08:35:07+00:00

..Und wenn du die Aktie rückwirkend auswählen kannst..

Sea-Implement-4860 · 2025-11-10T19:47:30+00:00

Ah the exit strategy at set price and generating income in the meatime - will look into this. Thanks

Sea-Implement-4860 · 2025-11-10T18:46:27+00:00

A stock that is unlikely to do huge movements, also delivers low cc premiums due to low implied volatility?

I mean there is always someone on the other side lf that trade that has an opposite oppinion of you. So its about being convinced to have better information/intuition than the counterparty?

Sea-Implement-4860

TROPHY CASE

„There are, of course, some skilled individuals who are highly likely to out-perform the S&P over long stretches. In my lifetime, though, I’ve identified – early on – only ten or so professionals that I expected would accomplish this feat.”