In this episode, Paul and Garrett discuss the differences between public and private investments, shedding light on the unique challenges and benefits of each. They explore the key factors that distinguish these types of investments, such as liquidity, time horizon, and the complexities of tax reporting. The hosts also explain how these elements play into overall financial strategy and long-term planning. From considering when you'll need access to funds, to navigating the additional paperwork and tax implications of private investments, this episode offers practical insights for investors looking to diversify their portfolios.
Key Points From This Episode
- Introduction to public and private investments and their defining features.
- Liquidity as a key difference between public and private investments.
- Time horizon considerations for private investments versus public investments.
- Challenges with tax reporting in private investments, including the use of K-1 forms.
- Strategies for balancing public and private investments within a portfolio.
- The importance of maintaining liquidity for potential emergencies or financial obligations.
- The role of private investments in long-term wealth building.
- The benefits and challenges of including real estate in a private investment portfolio.
- Understanding capital calls and the importance of having cash reserves for private investments.
- The impact of market conditions and personal life events on investment strategy.
Want to learn more? Contact us here
Useful Links
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.