Reality Radio for a really great future.

We're talking real money.

Hi again.

Welcome to Talking Real Money.

I'm Don McDonald, along with Tom Cock, and our special guest with us since yesterday.

We just stayed here the full 24 hours.

Larry Swedro, the director of research at the BAM Alliance,

and wow, author of like 19 books on investing.

Check them out at Amazon or your favorite bookstore.

And we were talking with Larry a bit yesterday about the

basics of investing. And we wanted to continue that conversation on today's program.

As you know, we've been pretty generic about the advice. I mean, we use the factors.

We use, you know, profitability, some of those things. But we've been careful when it comes to

alternative investments. Where are you on alternatives? I mean, it seems like that's all the

discussion in the last 10 years. Where are you on that debate right now? That's a great question,

which has evolved over time as the financial markets have created innovations

and driven the cost of investing a lot of alternatives dramatically lower.

So when I wrote my first book on this subject, the only guide you'll ever need to alternative

investments, the good, the bad, and the ugly.

Most of them were in the ugly category.

And to stretch even get good, I have to throw in things like emerging markets and call

them alternatives.

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