Wealthy young Americans are turning to alternative investments like art, collectibles, and crypto over traditional stocks, with 83% of those aged 21-43 owning or interested in art collections. Fine art has historically outperformed the stock market, with some contemporary art delivering annual returns of 11.5%.

Investing in collectibles like vintage cars or sneakers can be risky, but lucrative. Art investments are becoming more accessible through platforms like Masterworks, allowing investors to purchase fractional shares of blue-chip artwork by iconic artists.

Real estate, both residential and commercial, offers consistent returns and diversification opportunities. Platforms like Homeshares and First National Realty Partners make real estate investment more accessible to eager investors.

Gold remains a stable investment option, particularly during economic instability. Opening a gold IRA with Priority Gold provides tax advantages and protective benefits, combining the tax advantages of an IRA with investing in gold.

Investors are exploring various alternative assets to build wealth and hedge against economic uncertainties. From art and collectibles to real estate and gold, the options are plentiful for those seeking to diversify their investment portfolios.

Read more at Yahoo Finance: Are rare sneakers and cars good investments? How you can build wealth with alternative assets