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The Alternative Answer: The Nontraditional Investments That Drive the World's Best-Performing Portfolios
The first book to explain the new world of alternative investing strategies, showing how to use these new products for inflation-protected income, risk-adjusted growth, and long-term wealth transfer.
Today, investors are desperate for new options.Stocks have proved stagnant after fifteen years of crazy volatility. The trusty real estate market bottomed out. Bank CDs offer rates that start with a decimal point. For traditional investing options it's either gamble dangerously, or make nothing at all.
How can investors gain bigger returns for much lower risks? The answer, as long-time investment strategist Bob Rice explains, is alternative investing. Instead of narrow stock and bond portfolios, Rice advises clients to own an array of real assets, hedged strategies, venture funds, emerging market companies, natural resources and other previously exotic investments.
But to most investors, and even most financial advisors, this new alternative world is a mystery. How do these strategies work? How do they relate to a traditional portfolio? How does one pick the right products? Rice fully understands this world and explains it step by step, providing a clear and simple, yet very sophisticated, system for investing wisely and well. In addition he explains how to generate inflation-protected income, build risk-adjusted profits, and safely transfer excess wealth to later generations.
Today, investors are desperate for new options.Stocks have proved stagnant after fifteen years of crazy volatility. The trusty real estate market bottomed out. Bank CDs offer rates that start with a decimal point. For traditional investing options it's either gamble dangerously, or make nothing at all.
How can investors gain bigger returns for much lower risks? The answer, as long-time investment strategist Bob Rice explains, is alternative investing. Instead of narrow stock and bond portfolios, Rice advises clients to own an array of real assets, hedged strategies, venture funds, emerging market companies, natural resources and other previously exotic investments.
But to most investors, and even most financial advisors, this new alternative world is a mystery. How do these strategies work? How do they relate to a traditional portfolio? How does one pick the right products? Rice fully understands this world and explains it step by step, providing a clear and simple, yet very sophisticated, system for investing wisely and well. In addition he explains how to generate inflation-protected income, build risk-adjusted profits, and safely transfer excess wealth to later generations.
288 pages, Hardcover
First published May 14, 2013
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99 people want to read
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Displaying 1 - 2 of 2 reviews
November 29, 2019
A high level, whirlwind overview of other investing strategies. Stop eating off the kids menu.
At 230 pages you can't expect a detailed explanation of each thing that is discussed. Things *are* organized into 4 functional areas and I found that helpful. Now I have to go figure out how to invest in some of these things in Canada. I suspect most will be in the exempt market.
At 230 pages you can't expect a detailed explanation of each thing that is discussed. Things *are* organized into 4 functional areas and I found that helpful. Now I have to go figure out how to invest in some of these things in Canada. I suspect most will be in the exempt market.
July 8, 2013
Horrible books that has "made-up" investments. Seriously the investments include PIK Bonds - pay in kind bonds. You get rich off the interest of those bonds. Bonds that are not your typical bonds but doesn't explain what kind of bonds he is talking about - maybe he is thinking of bail bonds? Who knows - the book is very confusing!!
Displaying 1 - 2 of 2 reviews