How High Net Worth Individuals Invest and a Deep Dive on Alternative Assets

Partner Deals Long Angle: Join a free private community for high net worth investorsBilt Rewards: ⁠Earn the most valuable points when you pay rentQuince: Affordable luxury essentials with free shipping + 365 day returnsFabric: ⁠Affordable term life insurance for you and your familyMasterClass: ⁠Learn from the world's best with up to 15% offFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals#87: Tad Fallows, co-Founder of Long Angle, joins Chris to discuss the misconceptions of how high net worth investors spend and manage their money, whether they hire wealth managers and tax accountants, and how they might invest differently than conventional financial advice. They also do a deep dive on alternative assets and share their favorite house-buying hacks.Tad Fallows (@LongAngleHNW) is co-founder of Long Angle, a private online community of highly successful young entrepreneurs and executives. He also cofounded iLab Solutions LLC, a global leader in cloud-based laboratory management software, which Agilent Technologies acquired in 2016.Full show notes at: https://allthehacks.com/long-angle-tad-fallowsPartner Deals Rocket Money: Easily cancel your unused subscriptionsFabric: Affordable term life insurance for you and your familyMasterworks: Up to $200 in free shares + VIP access to skip the waitlistFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Tad Fallows: Twitter | LinkedIn | EmailLong Angle Website2022 Portfolio Allocation Benchmarking StudyfatFIRE subreddit Full Show Notes(00:00) Introduction to Tad Fallows(01:49) Dispelling High-Net-Worth Money Myths(03:01) Origins of Long Angle: A Global Investor Community(05:21) Insights Gained from Conversations with Long Angle Members(08:46) Current and Future Offerings of the Long Angle Group(11:03) Selecting Wealth Managers and Tax Accountants(15:50) Significance of Benchmarking Surveys(18:37) Homeownership Trends Among Long Angle Members(20:45) Benefits of Renting as a Viable Option(22:39) Economic Environment's Role in Investment Decisions(27:24) Strategic House Buying: Long-Time Listings and Rebates(35:39) Unique Cash Allocation and Rich Investor Strategies(41:29) Equities Investment Approaches in Long Angle Communities(44:34) Characteristics of Alternative Investments(46:16) Liquidity Dynamics in Alternative Investments(50:25) Diverse Classes of Alternative Investments(63:13) Evaluating and Accessing Alternative Investments(1:08:08) Criteria for Selecting an Investment Platform(1:16:53) Exploring Further into Long Angle Community Connect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.