I have farmland, bought a forest (I've commercially logged now twice - bought in 2011 - also planted 40 acres of trees that will be maturing as I retire), own a duplex directly (have a property manager for it to be passive) and have invested in a couple of multi-family syndication, . . . Have been so interested to see farmland increasingly mentioned as a good investment in more mainstream channels. I'm very interested in small business lending. but the other alternatives, probably not worth the investment of time to get up to speed to make an informed decision.
Tris is one of your best videos yet! It is a great overview of alt investing opportunities. I didn’t know about most of these. How much of your portfolio is in Alternatives? Mine is about 5% which I hear is about the recommended upper limit.
Oh forgot to mention: One thing I’ve noticed is how much more complicated my taxes have become. With all these different investments spread across multiple platforms, I’ve got to be really careful about tracking cost basis. It has gotten so bad that I can’t do my own taxes anymore. Just a warning that multiple passive income streams can lead to unnecessary complexity. 😂
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I have farmland, bought a forest (I've commercially logged now twice - bought in 2011 - also planted 40 acres of trees that will be maturing as I retire), own a duplex directly (have a property manager for it to be passive) and have invested in a couple of multi-family syndication, . . . Have been so interested to see farmland increasingly mentioned as a good investment in more mainstream channels. I'm very interested in small business lending. but the other alternatives, probably not worth the investment of time to get up to speed to make an informed decision.
That is so awesome! You're crushing it! 💪 Thanks for sharing!
Great! Subbed
Awesome, thank you!
Tris is one of your best videos yet! It is a great overview of alt investing opportunities. I didn’t know about most of these. How much of your portfolio is in Alternatives? Mine is about 5% which I hear is about the recommended upper limit.
Oh forgot to mention: One thing I’ve noticed is how much more complicated my taxes have become. With all these different investments spread across multiple platforms, I’ve got to be really careful about tracking cost basis. It has gotten so bad that I can’t do my own taxes anymore. Just a warning that multiple passive income streams can lead to unnecessary complexity. 😂
That's a great callout! I can totally see that getting a bit complicated. But - a good problem to have! :)
I would say mine is less than 1% honestly. Thanks for the comment and positivity :)