Also in this playlist...
This transcript is automatically generated
Alternative investments the pros have been using them for years to maximize their returns but what about you and me.
Our next guest says there's a slew of alternatives out there that provide better gains and less risk than traditional investments I -- stocks and bonds.
So how do you go about investing in and joining me now Bob writes author of the alternative -- the nontraditional investments.
The -- the world's best for performing portfolios but I cannot fault it is eleven makes sense and -- 103 in the paper this morning and somebody had put in the story.
That endowments and foundations only rely on on stocks for 30%.
Of their portfolio right is it alternatives that make up so much about.
Yeah the tried actually Yale only has 6% of its portfolio in US likes 94%.
In other stuff and yet the the most successful investor on the planet over the last.
-- -- point they're finding other things to invest in and I know our viewers are really eager to find other things to invest stand.
Let's break down some of the alternatives.
Out there I mean they really run the gambit everything from timber to start up companies.
Peer to peer lending how do you get educated obviously read your book and -- I mean a lot of people out there -- -- get their arms around options how to they do that.
Yeah that's right if I it really is the reason I wrote the book because it's hard to find this information in one place I do I do have a of little website called alt answer dot com what you know short for alternative to dot com.
Where people can go up and see a bunch of videos to explain about how this works.
And you can get into a very slowly you don't have to going to anything crazy at first you can get to test write it for you can test drive -- and it depends on what you want the investment to do a lot of people a lot of people are interested in increasing their current income right now.
And there are a lot of good investments although let's talk about that you say it's.
Peer to peer Monday here until now what are shorthanded yeah well you're happy to be that's what -- cool people say somewhat surprised.
Peer to peer lending is what more is one of the newer ideas don't look you're MLPs and reach in DV -- had basically given the alphabet -- every week we -- -- here but I'll hear about it so I do it on line -- -- what you do it on line and what's very very interesting and which -- love about this thing is that it allows individuals to make loans to other individuals essentially is dissing her mediating the banks right in some people with for example very high credit card -- might have 1820%.
-- Can borrow at say eight or 9% from sabres who by the way otherwise have very little to invest in right.
Pay down their high coupon debt wind up with 8% -- they're winners the other people who have CDs that start with -- -- -- point.
Can graduate and have 8% income and everybody's a winner I wanna talk about decreasing risk long short mutual funds tell me about that god this is one of the the most fundamental kind of trick so to speak of the alternative investing world.
And now you can get them in mutual fund format very interesting.
So what a long -- mutual fund does is it allows you to participate in the upside of the market.
But have shock absorbers to protect you in jail until I don't just accept any -- at all because your short tenure along cells know well that of course is what you need a good manager to do -- -- to better manage a lot of good mutual funds that are showing.
Very good returns in the strategies at.
At very low total feast and the important thing is this case.
That's key that's very key in the important thing assistant number one key to long term wealth accretion is don't lose the money you already have.
I don't act that -- hit you have to tell me about that -- everybody who watches this show notes we we don't wanna lose any more money.
Quickly you this long term profits with Angel -- -- according to Bob.
And -- protect purchasing power with timber but we may just have to have back to discourage these -- deep love -- thanks for coming on thank -- heavy damage happened teacher.
Filter by section