FYI: Here’s what’s coming down the pike, high net worth investors, and don’t say you haven’t been warned. The powers that be in Wall Street’s massive asset management units have figured out a workaround for the problem of investors no longer willing to pay up for stock or bond picking. It’s called “Alternatives” and a major push is underway to communicate to you that a diversified portfolio, the kind that doesn’t cost a lot, is no longer “enough.”
Regards,
Ted
http://thereformedbroker.com/2014/10/07/stocks-and-bonds-arent-good-enough-wall-street/
