3748: Alternative Investments for Savvy Retirees by Darrow Kirkpatrick of Can I Retire Yet on Asset Allocation

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Episode 3748:

Darrow Kirkpatrick explains why some retirees may want to diversify part of their wealth away from the U.S. dollar and paper assets, while cautioning that new investors and anyone who needs simplicity should stick with plain index funds. He walks through three of the more conventional alternative investments, international stocks, rental real estate and a small business, laying out the trade-offs of each for a retirement portfolio.

Read along with the original article(s) here: https://www.caniretireyet.com/alternative-investments-savvy-retirees-part-1/

Quotes to ponder:

"If you are a new investor, or an older one who needs to keep your finances ultra-simple, then you should not be looking for alternative investments."

"Just remember that diversification is about safety more than performance."

"A good business is an inflation-adjusted cash-generating machine."

Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day. Learn more about your ad choices. Visit megaphone.fm/adchoices