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Do You Really Need 'Private' Investments? (Independent Vanguard Adviser, 05.27.2025)

The following was referenced today on Citywire. Don't believe that it has been previously linked. Apologize if dup.

https://www.independentvanguardadviser.com/do-you-really-need-private-investments/

SUMMARY
Private markets are being pitched as the next frontier for everyday investors—with Vanguard now joining the push. But don’t believe the hype. Alternative investment funds are expensive, opaque and illiquid. Their risk-reducing qualities are oversold. And unless you have access to the best managers, private investments are more likely to add complexity to your portfolio than improve performance.
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