Lesson 1Commodities exposure for individuals: ETFs, ETNs, commodity-linked structured productsThis part covers how folks get into commodities using ETFs, ETNs, and linked products, comparing setups, roll gains, tracking slips, partner risks, tax rules, and how these fit in mixed portfolios for Liberian investors.
Physical vs futures-based commodity ETFsETNs, issuer credit risk, and payoff termsRoll yield, contango, and backwardation effectsTracking error and benchmark selection issuesCommodity-linked structured product featuresTax, K‑1s, and portfolio role of commoditiesLesson 2Collectibles and tangible assets (art, wine, watches): valuation, provenance, storage, consignment marketsThis part reviews collectibles and real assets like art, wine, and watches, focusing on value methods, origin checks, storage and insurance, shared and fund setups, and how consignment and auction spots work.
Art, wine, and watch market overviewsValuation drivers, comps, and rarity premiumsProvenance, authenticity, and fraud risksStorage, insurance, and logistics solutionsFractional ownership and fund structuresAuction, dealer, and consignment channelsLesson 3Real estate crowdfunding and fractional property platforms: structure, returns, feesThis part details real estate crowd funding and shared property spots, including deal setups, equity vs debt offers, expected gains, fee levels, cash limits, and how you check sponsors, markets, and property dangers.
Equity vs debt real estate deal structuresSingle-asset vs diversified property vehiclesSponsor due diligence and track record reviewProjected returns, waterfalls, and stress testsPlatform, asset management, and other feesLiquidity limits, lockups, and exit optionsLesson 4Venture capital and angel investing platforms: deal flow, syndication, carry, dilution, minimumsThis part explains how online venture and angel spots work, including deal finding, group setups, carry and dilution ways, minimum sizes, and how folks check access, risks, and expected times.
Platform-based deal sourcing and screeningSyndicate structures, SPVs, and lead investorsCarry, fees, and investor return waterfallsEquity dilution, follow-on rounds, pro rataMinimum check sizes and portfolio constructionRisk, illiquidity, and exit time horizonsLesson 5Tokenized securities and security tokens: legal wrapper, platforms, custody, secondary marketsThis part explains tokenized securities and tokens, covering legal covers, issue spots, investor fits, custody and transfer agents, secondary trade places, and how tokenizing changes cash flow and settlement.
Security token legal and regulatory basicsPrimary issuance platforms and workflowsInvestor accreditation and KYC processesCustody, transfer agents, and cap tablesSecondary trading venues and liquidityBenefits and limits of asset tokenizationLesson 6Private credit funds and direct lending: strategies, manager selection, fee and liquidity structuresThis part looks at private credit funds and direct lending tools, including main plans, check approaches, manager picks, fee and cash setups, promises, and how these funds act across credit ups and downs.
Direct lending, mezzanine, and specialty financeUnderwriting standards and covenant packagesManager due diligence and track recordFee structures, hurdles, and clawbacksLiquidity terms, gates, and side pocketsCycle risk, defaults, and recovery patternsLesson 7Cryptocurrencies and tokenized assets: on-chain fundamentals, token economics, custody optionsThis part checks cryptocurrencies and tokenized assets, focusing on chain basics, token money ways, agreement and rewards, custody choices, exchange and smart contract dangers, and how folks check access and sizes.
Layer-1 vs application and utility tokensOn-chain metrics, usage, and network effectsToken supply schedules, burns, and emissionsCentralized vs self-custody wallet optionsExchange, smart contract, and protocol risksPosition sizing, volatility, and regulationLesson 8Peer-to-peer lending and consumer/business marketplace loans: underwriting, credit tiers, defaultsThis part looks at peer-to-peer lending and market loans to people and businesses, focusing on check models, credit levels, expected fails, spot rewards, servicing, and how investors build and watch loan sets.
Platform underwriting models and data sourcesConsumer vs business loan product structuresCredit tiers, pricing, and expected loss ratesDefaults, recoveries, and collection practicesDiversification, sizing, and reinvestment plansRegulation, platform risk, and conflictsLesson 9Hedge fund and liquid alternative wrappers available to individuals: strategies, liquidity, fee alignment, platform accessThis part brings in hedge fund and liquid alternative covers open to folks, outlining common plans, cash terms, fee matches, spot access ways, minimums, and how these tools mix with bigger portfolios.
Common hedge fund and liquid alt strategies’40 Act liquid alt and UCITS fund structuresLockups, gates, and redemption mechanicsManagement, performance, and hurdle feesPlatform access, minimums, and ticket sizesRole in diversification and risk budgeting
