Beyond Stocks and Bonds: The Pros and Cons of Alternative Investments

Adding alternative investments to your portfolio could bring diversification, higher returns, and hedging potential. Gumbariya/Shutterstock

Most investors agree that diversifying your portfolio is key to mitigating risk, while capturing returns. But there’s more to the world of investing than the standard mix of stocks, bonds, and cash.

And that’s where alternative investments step in. These assets can include real estate, precious metals, and collectibles. And they can offer more than just diversification.