Chapter 8 - Alternative Investment Strategies (Sneak Peak...)

One’s investment portfolio need not be limited to only traditional securities such as stocks, bonds, funds, and other investment vehicles already referred to in this book.  A common criticism of the “traditional” investment portfolio is that overall returns, even over the long term, can be somewhat average.  Moreover, they may be vulnerable to several risks such as a poor economy, inflation, unfavorable currency valuations, and so on.  Most investment books and authors fail to provide their readers with alternative, “think outside the box”, investment products that can actually be far superior to those found in the mainstream investment arena.  Consider this chapter as a bonus to you.  Because you know that, in life, if you are just always following the crowd, your chances of getting ahead of the pack are usually slim.  Those who dare to question the status quo and take calculated risks are usually one step ahead of the others.  I am not telling you to pack your portfolio with alternative investment products.  But do consider some of the examples I will be describing to you shortly.  Each individual has his or her own knowledge, insight, and know-how with regard to what can become a successful or profitable endeavor.  So it’s up to you to find what works for you and what doesn’t.

Now it’s time to take a look at some fascinating investment alternatives.  Although the number of possible alternative investment products are only limited by one’s imagination, let’s examine some popular ones.  In no particular order, here are some interesting choices that can make investing even more exciting, while possibly increasing your wealth in the process:

1. Use Your Education
2. Start your own Business or Charitable Organization
3. Own Real Estate
4. Collect Collectibles
5. Invest in Water