I have been the capital deployments among America’s wealth, and according to a recent U.S. Trust white paper, affluent Americans are looking towards more esoteric alternative asset investments in real estate, farmland, and timber:
Although 89% of respondents say their biggest investment gains have come from traditional stocks and bonds, more sophisticated strategies are present in the portfolios of the wealthy. Use of tangible assets — such as investment in real estate, farmland and timber properties — is substantial and increasing. Nearly half of the wealthy (48%) currently [editor’s note: this is 2016] own tangible assets, up from 41 percent in 2014.U.S. Trust Insights on Wealth and Worth
That is quite the … Read the rest of this article!