In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Patrick Grimes, founder and CEO of Passive Investing Mastery, to explore the world of alternative investments and the power of non-correlated asset classes. Patrick shares his personal journey from mechanical engineering to entrepreneurship, explaining how his quest for financial security and time freedom led him to specialize in strategies outside of traditional markets. The conversation dives into litigation finance, risk mitigation, and the importance of portfolio diversification. Patrick highlights how defining your personal ‘why’ can shape long-term investing decisions and drive personal growth while building a more secure financial future.
Key Highlights:
- Alternative investments, such as litigation finance, offer returns independent of stock market volatility.
- Patrick Grimes transitioned from engineering to finance after recognizing the limitations of traditional investments.
- Diversification across non-correlated assets enhances financial stability and protects wealth.
- Investing shouldn't compromise personal values—particularly family and time freedom.
- Financial education and clarity around your ‘why’ are essential to mastering passive investing.
Patrick Grimes brings a fresh perspective on building wealth through alternative investing strategies. His emphasis on education, risk mitigation, and financial independence serves as an inspiring blueprint for investors looking to step outside the traditional markets. Whether you're new to investing or looking to level up your portfolio, this episode is a must-listen for anyone serious about long-term financial security.
Get in touch with Patrick:
Website: https://passiveinvestingmastery.com/
LI: https://www.linkedin.com/in/patricksgrimes/
LI: https://www.linkedin.com/company/passiveinvestingmastery/
FB: https://www.facebook.com/PassiveInvestingMastery
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/