Family offices are increasingly turning to private markets as they look for early access to hot startups and seek returns beyond those of publicly traded securities.
Since late March, some 550 tons of gold -- worth $30 billion at today’s price and roughly equal to global mine output in the period -- have been added to Comex warehouse stockpiles.
Roughly $1.4 billion was yanked out of the FI Large Cap Growth Enhanced ETN, ticker FLGE, a fund that uses leverage to deliver twice the return of the Russell 1000 Growth Total Return Index.
Darting in and out of stock options, dabbling in complicated exchange-traded funds, devouring trading how-to books by the dozen -- all have become tools in the self-directed portfolio playbook.