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He added, however, that its important to recognize some alternative investments are more reliable than others.
Another potential downside: these investments are not liquid.
Instead, she urged, these should complement, not replace a well-rounded financial strategy.
Experts noted this makes sense, as gold has several benefits such as being considered an inflation hedge.
One way to go about it, he said, is with precious metals.
Here too, experts urge caution.
However, this does not eliminate the inherent risks involved, she said.
These investments can now come in a variety of flavors.
Another alternative way to invest in real estate is via fractional ownership.
Yet, adding alternative investments in your portfolio can make it more diverse and lower the risk.
Also, you’re gonna wanna study.
Learning about the sneaker market or knowing the worth of old wine needs time and hard work.
So where do alternatives play in?
First, start with a strong foundation oftraditional investments and emergency savings.
Being young gives you a fantastic advantage: time.
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