The bulk of the book covers mainstream investment vehicles and strategies but the proficient long-term investor need to expand the universe of choices to hone a successful approach during the economy’s (and financial markets’) ebbs and flows. Stocks and bonds are not always the best choice. Some off-beat investments should be considered in a properly diversified portfolio. How much of a presence? As a rule of thumb, these alternative vehicles should be no more than 5 percent. However, as your knowledge, experience, and comfort level grow, that percentage can increase.
Alternative assets do have the potential to do very well during adverse or anomalous market and economic conditions. During the late 1970s (and ...
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