Alternative Investments – They’re Not Just for the Wealthy

Alternative Investments - Are They Just for the Wealthy?
Alternative Investments – Are They Just for the Wealthy?

Alternative Investments – Are They Just for the Wealthy?

We hear a lot these days about alternative investments. Wall Street firms regularly tout their expertise in these investments and try to convince us we need them in our portfolio.

Initially, alternative investments were only available to what most would consider the wealthy.

The SEC set the definition of the wealthy with their accredited investor definition. To be eligible to invest in these alternative investments, one has to have an income of at least $200,000 (individual) or $300,000 (joint) for the last two years. Additionally, the rule states the investor expects income to continue going forward.

If the income requirement is not met, accredited investors must have a net worth of at least $1,000,000 (exclusive of personal residence). Though that group is growing, it leaves out millions of people who could benefit from the diversification offered by this asset class.

One common theme in the early days of these investments was high fees. In the beginning, managers charged investors 2% of the amount invested plus 20% of profits.

So here’s what that means.

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Things to Remember While on Your Life’s Journey – A Letter to My Sons

Life Lessons - A Letter to My Two Sons
Life Lessons – A Letter to My Two Sons


The below is something I wrote for my two sons, who are in their mid- to late-twenties. For a long time, I’ve wanted to give them some advice that could help provide structure as they begin to navigate their “grown up” years. Given the recent transition our family has been in, I finally sat down to put pen to paper, which resulted in this blog post.

Prefer to Listen?

Click below for the podcast version of this post: 

Put It in the Books

Well, it’s been an interesting year, hasn’t it?

A year of highs and lows, beginnings and endings. There’s been a lot going on, for sure.

But through all of the ups and downs, a few things have remained consistent. Like buoys strategically placed along the rough ocean waters, or a far away lighthouse, offering a beacon of hope for the future.

While the waves may be rough at times, you can still count on a few remaining standards:

  1. We are a family, and that won’t ever change.
  2. No matter how dark the night, the sun will always rise the next day.
  3. The NY Mets will usually find a way to screw up a lead — but true fans will remain loyal, for better or for worse.


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The Best Way to Do Bargain Shopping While Traveling Abroad

Bargain Shopping While Traveling Abroad
Bargain Shopping While Traveling Abroad

Bargain Shopping While Traveling Abroad

Who doesn’t love a good souvenir? And who hates spending an arm and a leg on purchasing said souvenir?

Bargain shopping while abroad can be one of the most enjoyable and satisfying things you do during your travels. Why? Because although you are abroad, you still want to feel like you’re getting an absolute bargain for where you physically are.

Plus, who doesn’t love a challenge?

I can’t tell you the number of times that I’ve gone shopping in India and come home with what I think is a great deal (i.e. I spend 11 dollars on a hand-carved stone elephant) and my aunts and cousins are immediately like “you overpaid!”

The issue with being a foreigner is you’re a target for scams and cheats. While at the end of the day it may not amount to a lot of money for you in your own currency, you don’t want to continue traveling with unfair deals. This is especially true on long trips as your money will run out super fast. Plus, the whole point of shopping abroad is to get authentic items, locally made and sourced, that the locals themselves buy. In this case, you should also pay the same as the locals and get the same deals.

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How Investing in the Stock Market Can Be a Beneficial Side Hustle for SMB Owners

How Investing in Stocks Can Be a Beneficial Side Hustle
Can Investing in Stocks Be a Beneficial Side Hustle?

Can a Stock Market Side Hustle Be Beneficial for Business Owners?

The increasing cost of living, paired with the stagnant state of wages, has driven many people into working two to three jobs just to make ends meet. These other jobs (that are usually taken in addition to one’s full-time job) can be referred to as a side hustle.

Usually, people who work from 9 to 5 take on side hustles related to one of their passions. But even those with a small- or medium-sized business (SMB) can give this form of money-making a try. Investing in stocks can provide the extra boost needed to thrive in our current economic environment.

After all, who wouldn’t want to learn about ‘Passive Income Ideas to Make Money in Your Sleep’?

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