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Podcast: Wealth Formula Podcast
Episode: 275: What's a Left Field Investor?
Description: "Coming out of left field" is a slang derived from baseball which basically references something unexpected. What does that equate to in personal finance? Well, the opposite of something unexpected would be something expected or… conventional. Conventional financial wisdom includes stocks, bonds, and mutual funds as the foundation of a solid, responsible portfolio. Conventional finance has even labeled investments out of this core set of products as alternative. I wonder why? Well, when you think alternative, what kinds of images pop up in your mind? Purple hair? Nose rings? Well, that's not by accident. The conventional financial apparatus would like in...