● The Little Book of Alternative Investments: Reaping Rewards by Daring to be Different
By Ben Stein and Phil DeMuth
Excerpt via publisher, John Wiley
This book is largely about finding legitimate assets that will make your finances less tied to the churn of the stock market. To the extent that you succeed, the tradeoff is that you really will be less tied to the stock market. When stocks are rocketing to the stars, you won’t be. When stocks are melting through the earth, you won’t be. It will be less clear to you from day- to- day how you are doing. This can be liberating but also can be anxiety producing, especially if you’re used to checking the Dow Jones Industrial Average every 15 minutes or 15 seconds. It requires a leap of faith that there is life beyond stocks. We want to interest you in accepting a higher degree of stock market de- correlation into your life than you probably have at present.
