Alternative investments can be a great way to diversify your portfolio and reduce your risk. But with so many different types of alternative investments available, it can be tough to know where to start.
Here are a few tips from John Morrison, a financial advisor who specializes in working with tech professionals:
✅ Start with your risk tolerance. Alternative investments can be more risky than traditional investments, so it's important to make sure you're comfortable with the level of risk involved.
✅ Do your research. There are a lot of different alternative investments available, so it's important to do your research and understand the risks and potential rewards of each one.
✅ Work with a financial advisor. A financial advisor can help you choose the right alternative investments for your portfolio and manage your risk.
How much money do you need to invest in alternative investments?
The amount of money you need to invest in alternative investments depends on your individual circumstances. However, John Morrison recommends that you have at least $3-4 million before you start investing in illiquid private opportunities.
In the latest episode of Tech Careers and Money Talk, John Morrison shares his insights on alternative investments and how to choose the right ones for your portfolio.
Click here to listen to the episode now: https://www.techcareersandmoneytalk.com/015-the-future-of-retail-wealth-management-a-conversation-with-john-morrison
What are your thoughts on alternative investments? Are you invested in any alternative investments? Share your thoughts in the comments below.
