Vivaris' Mizer: Alternatives can calm, smooth nervous portfolios now

Christopher Mizer, founder of Vivaris Capital, says that alternatives were in a hot spot a year ago -- when stocks were 'frightfully overvalued' -- and investors needed investments that had building cash flows and organic growth potential, but now with the market valued more reasonably, the role that alternatives are playing is to reduce long-term volatility and to offer a steadiness that the market doesn't seem to have right now. He discusses climate technology and other alternative investments that investors might consider now. Also on the show, James Nelson, author of 'The Insider's Edge to Real Estate Investing,' talks about investing in real estate at a time of high interest rates and wild fluctuations in property prices, Ted Rossman of Bankrate.com discusses the site's survey of how consumers are planning for summer vacations but altering their itineraries to deal with inflation, and Chuck answers a listener's question about whether there are any star mutual fund managers left and if investors should seek them out.