Saturday, December 8, 2012

Wall Street’s Risky “Alternative” Investments


You read or hear about so-called alternative investments from the sharp-pencil boys on Wall Street. This occurs when investors’ interests begin to flag with the plain vanilla types they may understand. Alternatives sometimes include suggestions for the purchase of art in some form.

The problem is that the alternates are usually too sophisticated for most investors and are generally too risky.They do generate interest and thus produce articles in the media and more business transactions for the Wall Street folks. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)


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