In a volatile market like the one we’re experiencing today, many individuals seek alternative ways to grow their savings. These nontraditional asset investments can include real estate, hedge funds, and collectibles.
In his latest Forbes Councils column, Craig Reid, president and national practice leader of retirement and wealth at Marsh McLennan Agency, explores these three kinds of alternative asset investments. He dives into the value they provide in mitigating the risk associated with the traditional stock market, and the cautionary considerations to keep in mind while making financial decisions.
“By focusing on nontraditional assets and investment strategies, investors can diversify their portfolios during high-interest rates like we are currently experiencing. But be sure to consider your investment risks and understand what you’re about to own (and its unique associated risks) before investing in alternative assets,” writes Craig.
