Alternatives to Equities Can Prove Jewel in the Crown of Your Portfolio

Summary

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AS MARKET turmoil continues, financial advisers are recommending people diversify their portfolio. There are numerous ways of doing this and a small part of your investment could be in a range of interesting and alternative assets such as wine, jewellery, gold and art.

While still relatively niche, this is a growing market with people over the age of 50 spending GBP 2.5 billion in the past five years on alternative assets, including money, pop and royal memorabilia, according to Direct Line.

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Alternatives to Equities Can Prove Jewel in the Crown of Your Portfolio

Patrick Connolly, marketing and PR manager at Towry Law, an independent financial advice firm , said: "Sensible investors will hold a range of different asset classes and will not be too reliant on equities. These people will also have a good understanding of the risks they are taking in their investment portfolios. For these investors, the recent stock market volatility should ...

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