The Only Guide to Alternative Investments You'll Ever Need brings investors up to speed on the twenty most popular alternative investments. It describes how the investments work, the pros and cons of each, which to consider, which to avoid, and how to get started. Any investor who is considering or just curious about investment opportunities outside the traditional world of stocks, bonds, and bank certificates of deposit would be well-advised to read this book.
Praise for The Only Guide to Alternative Investments You'll Ever Need
“A timely and valuable book. The authors describe twenty alternatives to investing in traditional U.S. stocks and bonds, and how they work. They tell you which ones to walk away from, which to consider (carefully!), and how to get involved. These are good-sense judgments that every investor should pay attention to.”
― Jane Bryant Quinn, Author, Smart and Simple Financial Strategies for Busy People
“Larry Swedroe and Jared Kizer have written a different sort of investment book, and one that has been sorely needed: a comprehensive guide to the theory, peer-reviewed literature, and practical nitty-gritty of actually deploying portfolio assets. It is a gold mine for even the most experienced of practitioners, and a vital lifeline for small investors. This volume is destined to become the most marked and Post-it–noted tome on the average investment shelf.”
― William Bernstein, Author, The Intelligent Asset Allocator and The Four Pillars of Investing
“What’s missing in your library? Larry’s new Alternative Investments! You’ve already got tons of books on stocks, bonds, and funds. The Only Guide to Alternative Investments You’ll Ever Need is all about the future of investing, the new stuff that’ll give you an edge in the twenty-first century. An absolute must-read!”
― Paul B. Farrell, JD, PhD, Columnist, DowJones-MarketWatch, Author, The Millionaire Code, The Winning Portfolio, and The Lazy Person’s Guide to Investing
“Swedroe and Kizer provide a thorough analysis of the pros and cons of each alternative investment. They recommend ‘good’ alternatives to add to a diversified portfolio of high-grade bonds and stocks. Perhaps more important, they warn investors about the dangers of truly ‘bad’ and ‘ugly’ alternatives."
― Dr. William Reichenstein, CFA, Pat and Thomas R. Powers Chair in Investment Management, Hankamer School of Business, Baylor University
“Swedroe and Kizer have sorted through the clutter and confusion of alternative investments to provide the authoritative voice on these much hyped and frequently misunderstood financial products. Kudos to them for sharing their wisdom in a manner that can be easily understood by all.”
― Bill Schultheis, Author, The Coffeehouse Investor
“What a great service this book is to the investing community! As investors reach out for higher returns, many will venture into the higher-risk category known as alternative investments. For those who are so tempted, this book provides an invaluable guide.”
― Edward R. Wolfe, PhD, Professor of Finance and Director of the Financial Planning Program, Western Kentucky University
“At the risk of being clichéd, Swedroe has done it again! I make it a point to read every book written by him. This time, it’s all about alternative investments, and Swedroe, running true to form, tells it exactly as it is. He pulls no punches, he holds nothing back. If he doesn’t like something, he says so. If emerging markets equities are downright risky, he doesn’t mince his words or try to put a puffy spin on it. That is what makes reading Swedroe so fascinating.”
― Stuart Kahan, Executive editor, CPA Wealth Provider
“For investors looking to go beyond an S&P 500 Index fund and a bond fund―and every investor should―don’t make a move until you’ve read The Only Guide to Alternative Investments You’ll Ever Need. Full of historical evidence, practical advice, and specific investment ideas, this book provides a blueprint for what to include and what to avoid in an intelligently constructed portfolio.”
― Robert Brokamp, Editor, The Motley Fool’s Rule Your Retirement service
“As a financial journalist, I’ve been recommending Larry Swedroe’s books for years because they are filled with invaluable advice that can make any reader a more successful investor. I will now be adding The Only Guide to Alternative Investments You’ll Ever Need to my favored reading list.
― Lynn O’Shaughnessy, Financial journalist and author, The College Solution