Alternative assets offer a proven means of diversifying your financial portfolio away from the volatility of the markets. In the past, investors have looked to property, hedge funds or private equity to accomplish this - but the safety and high returns they sought there have perished in the wake of the 2007-2009 financial crisis. As an antidote to this, experienced investment writer Peter Temple has written The Handbook of Alternative Assets, published by Harriman House, about those tangible, and often portable, assets whose returns are impressive but whose value is not so subject to unsustainable bubbles or precipitous collapse.
Including everything from fine wine and rare books to stamps, art and diamonds, these alternative assets can serve as a store of value in the good years as well as in troubled times. Often with restricted supply they offer real security of value. And, though their value is concentrated in capital growth, their liquidity is often impressive, and their aesthetic appeal enduring. The book also provides extensive directory resources for where to go for more information - and where to start investing - with each tangible investment area.