Financial Resolutions for Investors in 2018

What did you achieve financially in 2017? Make 2018 the year to go further with your investment portfolio, by resolving to be smarter about your money management. 1. Calculate Your Net Worth Figuring out your net worth allows you to see where you are and look at the big picture when it comes to your money. When you benchmark your existing net worth and assets, it’s easier to move toward your financial goals and quantify how much yield you want to get out of your money. An overview of your finances may bring to light some less apparent financial goals like putting more towards your retirement or paying off a high interest loan. It will also give you a good idea of your financial progress – whether you are on track towards financial independence, or are lagging behind with unhealthy spending habits. 2. Stop Investing in Depreciation Here’s another great tip for getting better capital gains — stop pouring money into depreciating assets. Any financial advisor can tell you many people make the mistake of buying expensive assets that depreciate over time. Some of the most common ones are new cars, jewelry and the latest new electronic gadgets. All of these will quickly lose value. For example, a $35,000 car will only be worth an average of $14,000 after five years of ownership. On the other hand, investing that $35,000 at 15% will give you the opportunity to double your money in five years. When you look at the outcomes, the picture is clear. Investing is the opposite of throwing money at expensive items that will just become cheaper over time. 3. Make Savings Active Over half of Americans choose to keep their money in savings accounts for fear of making an investing mistake and losing their hard-earned cash. A savings account may seem like a safe alternative to taking on investment risk, but the reality is a bit more complicated. An average savings account yields 0.06% per year, while the average annual inflation rate is 3.22%. That means that for every year that you let your savings sit in a low-yield savings account, you may be losing close to 3% of your hard earned money annually. In order to outpace inflation, invest in opportunities that yield at least 3% per year to actively grow your money. Look at platforms like YieldStreet to get higher yields and make your money work for you. 4. Invest Your Tax Return Every April, most people get a check from the IRS. That’s money in your pocket — but a lot of people see that as an opportunity to spend. They find something they’ve gone without during the year, whether it’s a vacation or an expensive item that they’ve wanted. If you are able to withstand the temptation put that check away for long-term investment, you can easily get a start on building long-term capital. With an average tax return of ~2,500$, it would take only 4 years to build $10,000 of investable capital, and start growing your savings. 5. Stop Waiting for the Right Opportunity Procrastination is one of the biggest enemies of investors. Beginner investors may feel like they don’t have enough experience to start investing, or may be waiting for the “right” opportunity to come along. The fear of not making the correct choice is keeping millions of potential investors from putting their money to work. The truth is, you’re missing out on money every month that you delay investing. This holiday season, make the time to become more proactive about your investments – determine your investment goals and risk tolerance, and pick an investment opportunity that’s right for you. Remember that “no decision is a decision” – it’s a decision to miss out on big gains. Use the beginning of 2018 to come up with that overall figure that’s going to represent what you have now, so that you can plan what you want to have later.
How helpful is this content?

Share this article:

Sign up for Yieldstreet in 3 easy steps

Sign up with your email address

Securely verify your identity and link a bank account

Verify your accreditation (if applicable) to access all of Yieldstreet’s offerings.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $1.7B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.

1 Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.

3 "Annual interest" or "Annualized Return" represents an annual target rate of interest or annualized target return and "term" represents the estimated term of the investment. Such target interest or target returns and estimated term are projections of the interest or returns and or term and may ultimately not be achieved. Actual interest or returns and term may be materially different from such projections. This targeted interest or returns and estimated term are based on the underlying investments held by the applicable.

4 Reflects the initial quarterly distribution declared by the board of directors on February 6, 2020, which will be payable to stockholders of record as of June 10, 2020, and the initial offering price of $10 per share.

5 The Fund will cease investing and seek to liquidate the Fund's remaining portfolio no later than 48 months after the Fund's initial closing. It may take up to twelve months thereafter to fully monetize any remaining illiquid investments in the Fund's portfolio.

6 Represents the sum of the interest accrued in the statement period plus the interest paid in the statement period.

7 The internal rate of return ("IRR") represents an average net realized IRR with respect to all matured investments weighted by the investment size of each individual investment, made by private investment vehicles managed by YieldStreet Management, LLC from July 1, 2015 through and including July 8th, 2021, after deduction of management fees and all other expenses charged to investments.

8 Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund. Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

300 Park Avenue 15th Floor, New York, NY 10022

844-943-5378

No communication by YieldStreet Inc. or any of its affiliates (collectively, “Yieldstreet™”), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Nothing on this website is intended as an offer to extend credit, an offer to purchase or sell securities or a solicitation of any securities transaction.

Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Yieldstreet believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.

Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Yieldstreet or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Additionally, investors may receive illiquid and/or restricted securities that may be subject to holding period requirements and/or liquidity concerns. Investments in private placements are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest.

Alternative investments should only be part of your overall investment portfolio. Further, the alternative investment portion of your portfolio should include a balanced portfolio of different alternative investments.

Articles or information from third-party media outside of this domain may discuss Yieldstreet or relate to information contained herein, but Yieldstreet does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by Yieldstreet of the linked or reproduced content.

Investing in securities (the "Securities") listed on Yieldstreet™ pose risks, including but not limited to credit risk, interest rate risk, and the risk of losing some or all of the money you invest. Before investing you should: (1) conduct your own investigation and analysis; (2) carefully consider the investment and all related charges, expenses, uncertainties and risks, including all uncertainties and risks described in offering materials; and (3) consult with your own investment, tax, financial and legal advisors. Such Securities are only suitable for accredited investors who understand and willing and able to accept the high risks associated with private investments.

Investing in private placements requires long-term commitments, the ability to afford to lose the entire investment, and low liquidity needs. This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials. Yieldstreet™ is not registered as a broker-dealer. Yieldstreet™ does not make any representation or warranty to any prospective investor regarding the legality of an investment in any Yieldstreet Securities.

Banking services are provided by Evolve Bank & Trust, Member FDIC.

Investment advisory services are provided by YieldStreet Management, LLC, an investment advisor registered with the Securities and Exchange Commission.

Our site uses a third party service to match browser cookies to your mailing address. We then use another company to send special offers through the mail on our behalf. Our company never receives or stores any of this information and our third parties do not provide or sell this information to any other company or service.

Read full disclosure
Copyright © 2021 YieldStreet, Inc.