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Welcome back to another week with Renaissance. The newsletter equivalent of the aspirational energy of this Rolex ad back in the 90s, and just as gaslight-y ⛽💡

But this week we’ve got it all and with a touch of class - high investment advice, millionaire art strategies and Web3 guides for your fancy wallet’s security. Happy Friday!

Steve McQueen reading Renaissance - The Thomas Crown Affair (1968)…….they call this foreshadowing in the business 👀

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Today at a Glance:

How To Make $25M On Distressed Art While Still Avoiding Tax Like The Wealthy

PEPE 2.0 - It's Playing Out Just Like We Predicted!

FAT FIRE: FAT Income Strategies 

- And remember guys we don’t do this all for free…..well we do, but still. Honour our gentlemen’s agreement and refer a friend. 🤝 

- We’ll give you some free tailored advice to set you on your journey to financial independence. What are you waiting for!

You are: 1 referral away from a free personal financial consultation!

 Refer your friend using the link below ➡ Reply to this email, copying in your referred friend with the phrase “I want my free consultation” ➡ Your journey to financial independence starts

The Board

The Renaissance Over-Under

Business, Money Markets & Financial News

How To Become An Art Millionaire..…We’re Calling It The Thomas Crown Strategy 🖼

Yes we know it was only art in the Pierce Brosnan version but just commit, okay!……….

- Art is one of the last unregulated industries for investing capital. It’s the wild west of investing. Can you smell that? *sniffs, it ain't paint fumes, it’s opportunity.

⚡ You can invest in fractional art ownership, hunt for garage sale gems where old ladies don’t know what they have, go to auction for pieces, hell even sell your own art on Etsy! Sell portraits of fat people’s dogs for all we care (we actually know a guy making millions from this.)

- But at Renaissance we love getting wealthy, and those ways are slow, while we choose fast every time!

- And we’re going to show you how to make millions without needing a lot of starting capital, and where to store it tax-free afterwards just like the rich do.

⚡ Banksy. The world famous artist from England. His pieces can be found all over the UK as graffiti and can pop up anywhere - instantly turning a boring sign, building, or business into a destination.

- But more importantly, this is turning nothing into capital…… I mean art 👀.

*a new Banksy piece appears on a building………… Enter John Brandler, Indiana jones of the Art world (fighting every urge to say ‘it belongs in a museum’)

- John owns a gallery with over 13 Banksy pieces - and houses them all in his galleries while the prices of the pieces skyrocket!

⚡ But this is where it gets interesting, how do you come to own 13 Banksy pieces? John toots the flute that when a piece appears it’s actually more of a nightmare than a business booster. And that they can only last 3 months in the wild before they’re vandalised.

- Though let’s drop the BS. John liked what he saw. And he took it.

- Though he cites the owners of the building opted to get rid of it, a building is about to be demolished, owner’s were going to remove it, etc etc. All that virtual altruism both FTX and the art world is full of. 

⚡ The point is - it’s no surprise that John is the one to acquire all of these. This is extremely active leg work and being opportunistic with distressed assets that he has demonstrated are up for the taking!

⚡ He’s always first past the post, pays under the market, and before you know it has monopolised the market with pieces rocketing in value to over $25M! Here’s but a few……..

Sandcastle Child is now worth $2.5M

Hula-Hooping girl is now worth $5M 

Saved from a North London demolition, the gangster rat is now in the museum and worth over $250k

Paparazzi also now sits in the museum appreciating massively to $125k

And the famous stencil of ‘Love Is In The Air’ is front and centre at the exhibition, worth an eye-watering $1.75M!

- Key takeaway ⚡ : when you see an under-priced or distressed asset, or even where you have the advantage and can do the research and leg work faster than others - you can form a monopoly very quickly. And reap the rewards.

- How can you roll up businesses you can acquire like this? Users? Investments of other categories like private shares of start-ups, property etc?

⚡ The best deals are the ones that aren’t for sale. The alpha is off-market. You have to go out and take it. Don’t wait for someone to do the work and make it available for you and tell you what it’s worth at a premium. Whatever your business or space, the strategy applies!

What do you do with your art collection or investments to stay rich? How the wealthy avoid tax via Art 101 ⚡🖼

Had to do it, I HAD TO!

⚡ Allow me to blow your mind..…the vast majority of art is not in a museum, or in private homes. It’s in a box. In a warehouse. In a random port somewhere in Switzerland usually. The value of the art held ‘in transit’ in these free-ports is over $10 Billion.

⚡ The art you sell will end up with capital gains tax on the profit and the amount will depend on location. But when art trades hands in these free ports and is ‘in transit’ perpetually………..they’ll be waiting a while on that transaction and art piece costing you. 😉 All the while the piece is yours legally and appreciating in value! This is one of the true hacks of the wealthy and can also go for many other goods that transact and get stored at these free ports.

- Honestly if we don’t get a Masterworks year round sponsorship after this then I don't know………I just don’t know. Steal some art.

LITTLE BITS 😎

Klimt's last portrait sells for an astounding £85.3m ($108m) - that is the SINGLE HIGHEST PRICE of any art piece auctioned in Europe. Lady with a fan, more like I’m a fucking fan of these auction house’s business model!

Klimt is actually my favourite artist, and when art meets money - I’m simply in awe

Freeports explained:  https://www.youtube.com/watch?v=CKlor8vuiEY

Billions season 7 is back, Axe is back on…..Renaissance, this is our jam right here https://www.youtube.com/watch?v=hm4tSDlBqyU

McDonald's $MCD closes at an all-time high - how ‘bout these nuggets! Goes to show everyday consumer products at low price points always do well even in times of recession.

NOSTALGIA OF THE DAY

Crypto Market & NFT News

Wow. New crypto start-ups have cratered 98% from the 2022 high! Maybe we can’t just do random rug pull projects on repeat…?! Nature is healing………

- This below is incredibly scary and dangerous from Arkham: your identity is for sale.

- Renaissance gang, if you’re only new to Crypto, or a novice, you have to make sure you use services with no or limited KYC and only interact with platforms and individual wallets you know and trust!

- AND WELL, It’s happened again like we said it would: PEPE 2.0 launched and jumped over 1000% in days! 📈

⚡ Back when PEPE was only 3 days old we did a full analysis and breakdown of what it could become and to exit at the Binance listing, getting us all at Renaissance a noiceeee 20X.

⚡ We also, in our divine wisdom, said that history doesn't repeat itself but it does rhyme - and that other memecoins would surge, as well as other frog coins. 🐸 We didn’t know when, or what they would be called, but this is always the pattern and you have to be watchful!

⚡ They are explosive but temporary. Little did we know it would literally be PEPE2.0 that would blast off past 1000% in days after launch. But if you know the patterns and psychology of these events you can assess the risk reward value of the investment. And ultimately rationalise putting your rent on PEPE2.0, if you’re watching and scanning the new token listings and offerings all the time to catch these opportunities early. 

Maybe not today, maybe not tomorrow, but you always know there will be a derivative play at some point in the following quarter. And this is it.

⚡ Alpha: Do as we say when we do our research! And spend time on market analysis where people aren’t looking (new token offerings) when you know a theme or investment wave is happening. A derivative is bound to pop up!

- And remember, these aren’t worth the investment after-the-fact, you have to be early or not at all.

- Here’s a snapshot of excellence at work! Some smart money wallet turned $900 into $179K in less than a day catching the PEPE2.0 wave by watching and being early.

- They also are experienced and had a philosophy around taking profits - they sold 2ETH every 2 minutes for hoursssss as the price skyrocketed.

⚡ This may seem wild and strange, but this token's liquidity was tiny in a Uniswap pool so a massive sell could have crashed the price and caused slippage. The best thing to do is rightfully take small profits and ride the wave.🌊

- You always need an exit, avoid euphoria, hit your exit and leave the trade.

- Nice to know there’s another master at work out there. And we all can be, all you need is early research and emotional discipline to exit. 😎

Wealth Building, Personal Finance Hacks & FAT FIRE

- Last week we started our FAT Fire series covering the big picture, the macro - how to calculate your ultimate FAT Fire number.

- This number may have been intimidating (this is a fat ass early retirement after all) but don’t worry, baby steps. Now we’ll start getting into the micro, what you can do to get there.

- The best time to start was yesterday, the second-best time is today. Achieving FAT Fire can be achieved quickly by being super aggressive, or slower by saving a little less. This choice is up to personal preference and how much you want to postpone certain luxuries now, to indulge excessively in these in the future.

- The balance will be different for everyone, but one thing for certain is that it’s a hell of a lot better to start early to enjoy the magic of compounding. We’ve covered this previously, but the chart below says it all. 👇

- So now that you’re on board and ready to get started as soon as possible. We’re going to cover one of the first most important drivers in achieving FAT Fire. And that’s income. 💰

- There’s a limit to how much you can save, but there’s no limit to how much you can earn. To retire in a fat way you should be looking to earn as much as you can, and as soon as you can to allow the compounding to take effect.

- Unfortunately, the data on this is relatively boring and what you would expect. The best paying careers are in computing, mathematics, banking, medicine etc. So if you’re young these are great career paths to take, or even if you’re slightly older it’s never too late to upskill! You should consider what the future holds and what careers are likely to increase in demand. 

- Although, no matter the career path, you should always be upskilling and looking to move jobs every 2-3 years for pay rises. The data on this is clear.

https://www.personneltoday.com/hr/people-who-move-between-jobs-benefit-from-higher-pay/ 

“The figures show that over a period of 10 years people who switched jobs regularly earned 2.5 times as much as those who had remained with the same employer.”

- That’s a massive difference! The complacency premium you pay for always staying in the same role becomes very apparent. To make top amounts of money you have to go and get it.

- Learning coding languages is still a pretty safe bet if you want a solid income. Another perk of these roles are that they allow you to work from home which opens up other possibilities such as side hustles or even working two remote jobs at once.

- Or better yet, the ability to work on your own business! If you feel like this is for you the data is positive. On average, people with their own business still earn more than the average employee, but of course this comes with some additional risks.

- But life is often all about risk, so if you’ve got a business idea or are entrepreneurially minded get after it! With that fat income the rest of the process just becomes that much easier.

- We’ll cover further parts of the process again next week, focusing on investing that extra income now that you have it. But first some more inspiration for that FAT Fire lifestyle.

- I mean who doesn’t want to chill in luxurious arctic bath houses in what appears to be a massive bird nest?? ❄

Meme of the Day

That’s a wrap for this week! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)