Start small. When it comes to alt investments, a good rule of thumb is to invest only what you wouldn’t miss. A fiduciary financial advisor (hint: a pro who acts in your best interest) can help you decide which alternative asset might be right for you based on your financial goals.
Work with what you know. One of the hurdles to investing in alternative assets is learning new platforms, terms, and ways of buying and selling. If you’re considering crypto, one workaround is investing in a bitcoin ETF. This can give you some exposure but with less risk.
Think beyond crypto. There’s a lot of buzz around bitcoin, but there are plenty of other ways to expand your portfolio beyond the stock market that don’t involve the blockchain. For example, investing in real estate through a real estate investment trust, also known as a REIT.