What Happens If Markets Crash? Here’s One Place Billionaires Diversify Their Money

Retail investors are sitting on the most cash since 2020, and the Fed recently declined to cut rates. Some are probably wondering: are we on the verge of another financial downturn?

The ultra-wealthy don’t wait to find out. By next year, they’ve been projected to be investing in alternative assets more than ever - including fine art and collectibles, which Deloitte predicts could make up 11% of UHNW portfolios.  As an asset class, it’s overall outpaced the S&P 500 in appreciation by 32% since 1995, according to Masterworks data. Masterworks has opened access to this historically exclusive market, allowing everyday investors to invest in shares of blue-chip art offerings featuring legends like Picasso and Banksy, with 450+ offerings already in the Masterworks collection. Their track record? Every one of their 23 exits has turned a profit, with returns like 17.6%, 17.8%, and 21.5% annualized.

SPONSORED BY MASTERWORKS - Past performance is not indicative of future returns, investing involves risk. See important regulation disclosures at masterworks.com/cd

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Discover Gay-Friendly Nice and the Queer Side of Carnival

Wondering how gay-friendly Nice is or what Queernaval is all about? In this episode, Richard—our travel writer, nightlife guide, trip leader, and all-around expert—shares insights from his recent trip to Nice, France, and his experience at the LGBTQ+ carnival event. Tune in for insider tips to help plan your next gaycation in the sunny south of France. Subscribe to our show wherever you get your podcasts. If you enjoy this episode, please like the post or leave a comment and let us know what LGBTQ+ travel destinations or tips you want to hear more about.

Elevate Your Mykonos Gaycation with Kouros Hotel & Suites in Mykonos

Mykonos is where the gays go to play in the summer—but that doesn’t mean you can’t enjoy some luxury while you’re there and the 5-star Kouros Hotel & Suites makes for the perfect retreat from the island’s wilder side. This gay-friendly boutique gem is perched perfectly on a cliffside, offering sweeping views of the Old Town, the Aegean Sea, and those legendary Mykonos sunsets. Blending traditional Cycladic architecture with modern elegance, the hotel was designed by renowned French designer Fabienne Spahn to exemplify Greek perfection. 

Each of the 50 individually styled rooms and suites features a private terrace and guests enjoy access to an infinity pool overlooking the sea, revitalizing spa treatments, three on-site restaurants and a fully equipped gym. Go all in on your Mykonos gaycation at Kouros Hotel & Suites—because on this island, there’s no other way to be!

SPONSORED BY KOUROS HOTEL & SUITES

Gay Travel Guide to Copenhagen

The city—much like the country as a whole—is notably gay-friendly, with a small but vibrant collection of gay bars clustered around Rådhuspladsen, the city hall square in the center. In fact, Denmark was the first country in the world to legalize same-sex unions in 1989, and it followed by legalizing same-sex marriage in 2012. Copenhagen is also known for its annual Pride celebration each August, a lively event featuring drag performances, discussions on LGBTQ+ issues, short films, parties, and, of course, a sizable pride parade. The city's welcoming spirit and progressive history make it a haven for the LGBTQ+ community, where inclusivity and celebration are woven into its cultural fabric.