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Weekend Reading: Do You Need Alternatives to Get Rich?

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend reading investment alternatives Weekend reading investment alternatives

Weekend Reading

The ultra-wealthy invest heavily in alternatives like private equity and real estate. But do these less-accessible investments hold the key to building your nest egg? Not necessarily.

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Key Points:

  • Scrutinize alternatives and weigh the potential benefits (higher returns, diversification) against the drawbacks (illiquidity, high fees, complexity)
  • The "low correlation" of alternatives to traditional assets may be misleading due to infrequent valuations
  • The proven path to wealth lies in consistent investing in income-generating assets, not chasing exclusive opportunities

Why It Matters: Building wealth doesn't require complex strategies or access to exclusive investments. Focusing on proven principles and consistent investing can lead to financial success, no matter your starting point.