In this episode, we asked Matt to give us a financial planning perspective on alternative strategies from the perspective of the clients who utilize them. We discuss the pros and cons of these strategies, how to analyze them and the importance of knowing yourself when considering them.
00:00 - Intro
02:33 - We all invest in alternatives
04:45 - What liquid alternatives do clients invest in?
06:01 - How Matt thinks about inflation when building client portfolios
08:47 - The challenge of adding and removing alternatives
10:20 - The major inflation fighting assets Matt sees in client portfolios
12:44 - The balance between simplicity and complexity
14:36 - How Matt views leverage for clients
16:34 - How to look at all the new alternative products now available in ETFs
19:20 - The double edged sword of diversification
20:29 - The importance of behavior when using alternative strategies
24:10 - How does Jack not know about the Shamrock shake?
24:57 - How Ray Dalio helped bring us chicken nuggets
26:16 - Episode summary
ABOUT THE PODCAST
Learning how to be a financial planner is one thing. Doing it is another. Follow along with new financial planners Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau) as experienced veteran Matt Zeigler (@cultishcreative) helps them navigate the complex world of financial planning and learn about the most important topics that impact all of our financial futures. From investments to retirement to college planning to estate planning to insurance and beyond, we will cover the major financial planning issues that impact all of our lives and will provide a framework to help investors tackle them. We hope you will join us on our learning journey.
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