Alternative Investing in 2023

Today is Monday, February 13, 2023.

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Alternative Investing in 2023

It is important for investors to diversify their portfolios by including alternatives, says Dmytro Lokshyn, CEO and co-founder of the alternative investing platform Investables, in a new episode of the Early Bird podcast.

Benefits: As the stock market dropped in 2022, the value of alternatives such as art, wine, and luxury items increased, according to Lokshyn.

Pros and Cons: Alternatives are great because they have a low correlation to the market, but Lokshyn says that some alternatives may not offer passive income.

Now: Lokshyn says that investors have more money to spend on alternatives and platforms are finally giving regular investors access to new types of alternatives.

Final Thoughts: What are Lokshyn’s favorite physical items to invest in this year and how can investors get started with alternatives? Find out by listening to a new episode of the Early Bird podcast.

Notables

Notable Earnings Today: Monday.com (Nasdaq: MNDY), Palantir Technologies (NYSE: PLTR), Check Point Software Technologies (Nasdaq: CHKP), Inotiv (Nasdaq: NOTV), Alexander’s (NYSE: ALX), SolarEdge Technologies (Nasdaq: SEDG), TreeHouse Foods (NYSE: THS), Avis Budget (Nasdaq: CAR), Roivant Sciences (Nasdaq: ROIV), Arista Networks (NYSE: ANET), Lattice Semiconductor (Nasdaq: LSCC), Teradata (NYSE: TDC), Cadence Design (Nasdaq: CDNS), S&W Seed (Nasdaq: SANW), Amkor Technology (AMKR), Blue Owl Capital (NYSE: OWL), Medpace Holdings (Nasdaq: MEDP), Cemex (NYSE: CX), Denny's (Nasdaq: DENN), Angi (Nasdaq: ANGI), FirstEnergy (NYSE: FE), IAC (Nasdaq: IAC), Vornado Realty Trust (NYSE: VNO).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Envirosult (StartEngine), EduMatch (SMBX).

Notable Economic Events Today: N/A.

Cryptocurrency’s Newest Threat

The prices of most cryptocurrencies dipped on Sunday due to a new report about action from the U.S. government.

Details: According to a report from the Wall Street Journal on Sunday, the U.S. Securities and Exchange Commission will sue the crypto firm Paxos Trust for selling unregistered securities. The token in question is the stablecoin Binance USD, which is used by Paxos.

Background: This report comes as crypto exchanges have been under fire in recent months with legal actions and threats of government regulation.

Numbers: Most crypto prices are surprisingly positive to start the year due to a strong January. However, a few coins are starting to lose traction in early February.

Final Thoughts: We’ll see how cryptos perform today after a down weekend. Although there are reasons to be optimistic about cryptos, including upcoming upgrades for certain blockchains, there are also MANY reasons why investors should avoid crypto in at least the short term.

Nvidia’s New Rival

Technology giant Nvidia (Nasdaq: NVDA) might be facing a new rival, according to a Reuters report on Sunday that said South Korean startup Rebellions will roll out an artificial intelligence chip in a bid to get government contracts.

Final Thoughts: Nvidia is one of the world’s top makers of AI chips. The stock is down 12% in the last 12 months, but is up 25% in the last 30 days.

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Trends to Watch

Truth Comes Out: Goldman Sachs chief tells partners he should have cut jobs earlier (Financial Times)

Bold Prediction: Bitcoin could hit $10M in 9 years but more sidechains needed (Cointelgegraph)

We Were Expecting More: Stellantis reveals pre-production variant of Ram 1500 REV (Engadget)

Keep an Eye on This: Indian market regulator to update finance minister on Adani probe this week, sources say (CNBC)

Let the Chips Fall: Singapore Eyes Chips Investments Amid US-China Tension (Bloomberg)

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