When you think of investments, stocks, real estate, or bonds likely come to mind. But alternative investments, as seen in the 2024 wealth report by Knight Frank, are proving to be an exciting frontier with exceptional returns. Rare whiskey, the highest-ranked alternative investment, can give a 280% return, outperforming other alternative options.
Wine and watches come next, with the potential to yield 146% and 138%, respectively. These categories show that items often seen as luxury goods are becoming wealth multipliers for investors. Art, with a return of 105%, continues to bridge creativity and financial growth. Cars follow closely with 82%, proving that the garage might just be the new vault for collectors.
