In the traditional sense, you could call an alternative investment an asset that is not one of the conventional investment types, such as stocks, bonds and cash. We would agree with that, but believe it goes a step further. While requiring great timing and strategy, these are not just common market speculations, but investments into yourself and your lifestyle. And unlike a stock or bond, they are gambles you get the opportunity to literally live with every day, which can be a good thing, assuming you have fine taste, of course. Moreover, they can make you a lot of money and are absolutely critical to the future of your investment management.