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Profits and pitfalls of luxury investing

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(CNN) -- From your own slice of paradise to your own thoroughbred, this month on Art of Life we explore the best way to invest your money. Whether it is cars, racehorses or your own private island, we tell you how to channel your money into less traditional investments.

Sharing the reins

If you like a flutter at the races, owning your own champion racehorse could be the investment for you. No longer the reserve of billionaires and oil tycoons, the rising prevalence of horse syndicates means more people are clubbing together to share in the excitement of a buying horse. CNN's resident racing expert Robin Oakley takes a look behind the scenes of this popular investment choice. (Watch to learn tips about investing in the horse racing world Video)

Island buying

Why just visit a private island when you can own one and make a healthy profit in the process? Monita Rajpal takes a helicopter ride to an island off the coast of France that is up for sale for the bargain price of $3 million, and talks to the couple who have put it on the market. She also meets the island realtor whose clients have included Marlon Brando and Mel Gibson. (Watch as Monita checks out the world of island investing Video

Driving investment

Whether old-school classics or flashy sports models are your thing, cars are always a popular investment. Vintage car enthusiast Alain Mikli takes us on a tour of his extensive collection of vintage cars, and Justin Armsden gets behind the wheel of the highly sought after new Rolls Royce Drophead Coupé. (Watch Just Armsden test drive the new Rolls Royce Drophead Coupé Video)


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This month on Art of Life we look at a range of luxury investments.

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