Great home for diversifying into… Great home for diversifying into alternative investments

Bait and switch is the strategy Bait and switch is the strategy. Current investor. I invested the money in the Growth and REIT fund in Aug (only 4 months ago). The management by its own acknowledgement knew about prevailing market macro-economic conditions and even then promoted the fund with target 11-12% and when it came to paying dividends - we are told there will no dividends due to these conditions. This is simply unacceptable. Another REIT fund where I invested in late 2021 also promised quarterly dividends as income and it's more than 2 years and not a dime of dividends have been paid. This is horrendous and simply unacceptable.

Bad experience Bad experiences with several Yieldstreet "investments". Definitely would not recommend. It seems they are quite shady with their communications. I am really unsure HOW they get their marketing statistics to look so good based on my experiences and others that I know. Had several investments go bad with little or no hope of recovery. It seems they are so anxious to make loans to get their fees they fail to do proper due diligence. Ships that go missing without recovery? "Willful misconduct" by real estate borrowers? Loans to law firms with a SENIOR FIRST LIEN position and $49 million below it somehow becomes a subordinated "Promissory Note" on a soon to be bankrupt law firm that has lost nearly all it's employees? Short answer if you are considering investing: DON'T.

Literally the only money I've lost investing anywhere in two years. Absolute garbage management. I have no idea how my REIT investment is losing money here when literally everything else I have invested everywhere else is pulling in solid returns, especially real estate. Their staff could lose money running the proverbial cathouse.

Misleading targets I would also agree with what I have seen on here about Yieldstreet claiming that a fund is performing when it is not. In the prism fund, it will pay the dividends but then loses NAV. To the best of my ability to tell, I invested $20k and made $1.5k in 3 years factoring both NAV and dividends. Sometimes that happens and that’s okay but you can’t say that this fund is performing as expected, which is supposed to be 8% net annually. That’s not acceptable nor honest. Be honest and own your full results not what you select to report. Fortunately, in this past year, I have been able to get about 75% out but it is a slow process. I am not impressed with the performance, liquidity and transparency though and will eventually take my money elsewhere. Illiquid investments are okay to invest in but they should be higher performing than their liquid counterparts and have impeccable transparency, and this is not the case. It feels more like gambling than investing.