Nearly a third of Americans have never heard of alternative investing
New survey by Alto reveals that only 20% of Americans are knowledgeable about alternative investing
NASHVILLE, TN / ACCESSWIRE / February 21, 2024 / Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, today announced the findings of their new alternative investments survey - ‘What do Americans Think of Alternative Investments in 2024?'. The study, which surveyed Americans aged 30 to 65 from around the country about their investing styles, highlights rising interest in alternatives, despite nearly a third of Americans having never heard of alternative investing.
"As we aim to democratize access to alternatives, it's important for Alto to better understand how Americans invest in alternatives, what they're investing in, and ultimately, what they think in general about alternatives," said Eric Satz, Founder and CEO of Alto. "Our study seeks to dive into those different investor types with the end goal of creating new ways to educate Americans on how they can explore portfolio diversification outside of the traditional 60/40 method and reap the benefits of reduced volatility and increased returns."
Other key findings from Alto's survey include:
Alto is committed to offering investors exciting opportunities to invest in alternatives through an Alto IRA account. Users who invest in alts with an Alto IRA can benefit from tax-advantaged investment options in a wide range of alternative assets, including private equity, venture capital, real estate, art, and more, providing them with the opportunity to diversify their investment portfolio while planning for retirement.
To learn more about the survey or Alto, visit https://www.altoira.com.