An alternative investment is an investment product other than the traditional investments of stocks, bonds, cash, or real estate. The term is a relatively loose one and includes tangible assets such as precious metals, art, wine, antiques, coins, or stamps and some financial assets such as commodities, private equity, hedge funds, carbon credits, venture capital, forests/timber, film production and financial derivatives.
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Famous quotes containing the words alternative and/or investment:
“If English is spoken in heaven ... God undoubtedly employs Cranmer as his speechwriter. The angels of the lesser ministries probably use the language of the New English Bible and the Alternative Service Book for internal memos.”
—Charles, Prince Of Wales (b. 1948)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)