So you’ve grown a bit bored by the idea of a portfolio made up solely of stocks and bonds. Or maybe you think stocks and bonds are just peachy but still find yourself wondering what other kinds of investments might be peachy, too. Whether you’re searching for alternatives to traditional investing advice or are curious about what those alternatives might be, you’re the target audience for The Wealth Code 2.0: How the Rich Stay Rich in Good Times and Bad.
In this fully updated revision of his 2009 book The Wealth Code, author and financial planner Jason Vanclef presents an introduction to the whys, hows and whens of a nontraditional investment strategy based on the practices of wealthy investors.
Vanclef says that The Wealth Code 2.0’s golden rule, that “the only guarantee in finance is that something will go wrong,” can be one of the most powerful tools we investors carry in our financial tool chests if we use it as motivation to become truly diversified. His idea of true diversification? A portfolio that includes many different asset classes, not just the diversity within the one asset class of equities that many individual investors strive for.
Read The Wealth Code 2.0 if you’re curious about asset classes beyond the traditionally recommended choice of stocks and bonds. It’s also worth a read if you’re fascinated by different perspectives on finances. Even if you’re not planning on following Vanclef’s advice, there’s always something new for the open-minded to learn.