The Investor's Guide to Alternative Assets
The Jobs Act, "Accredited" Investing, and You
This book can be downloaded and read in iBooks on your Mac or iOS device.
You recently learned that you are an "accredited investor" and therefore can invest in "alternative assets." Perhaps all you know is this has something to do with the "JOBS Act." Or maybe you're currently considering making an angel investment or investing in a PPM, or in a PE, VC, hedge or other private investment fund.
Just because you can invest in alternative assets, however, doesn't mean you should.
Before you make any investment, you should take the time to understand it. "The Investor's Guide to Alternative Assets: The JOBS ACT, "accredited" investing, and You" will help you do that by providing clear and concise explanations about what it means to be an accredited investor, what the potential risks and rewards are of investing in alternative assets, and how to actually go about it in a smart way, if you conclude you want to. Explanations are clear and simple, and are written for someone with no experience investing in alternative assets.
Most investors in the United States invest in publicly traded stocks, bonds, and mutual funds; some exposure to income producing real estate is also fairly common. This is the "mix" or "asset allocation" that has been generally recommended by investment advisors for decades in order to achieve proper diversification, with the percentages allocated to each determined largely based on an investor's age.
Accredited investors, however, have a range of other assets- alternative assets- available to them. These include angel investments, private placements, and private investment funds (including, venture capital, private equity, and hedge funds), as well as other private investment vehicles that invest in a wide variety of underlying "hard" assets.
"The Investor's Guide to Alternative Assets: The JOBS ACT, "accredited" investing, and You" provides a thorough, objective, and plain English introduction to investing in alternative assets.
Chapters include overviews of angel investing and venture capital, private equity, hedge funds, and so-called "hard assets." An introduction to crowdfunding is included to help you decide whether investing via a crowdfunding portal is for you. Other topics discussed include the JOBS Act itself; "alternative mutual funds," and a host of others that will arm you with the information you need in order to make educated investment decisions.
Great overview / introduction for the novice investor
I've been hearing more and more about opportunities to invest in "alternative" assets like private equity. I've searched on the internet for information but mostly found websites trying to sell something. This book explains the area really well in a very easy to understand way, and most importantly, in an objective manner. The best thing about the book, however, is that it is actually well written. It is not dry. It takes what I think of as a very boring subject and makes it a fun to read about. I recommend this book to anyone wanting to learn more about personal finance. It's really a great introduction to investing, generally.