Antique Auto Trader
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Luxury Collectibles Rank First in Investments of Passion List
According to the 2007 World Wealth Report which was issued recently by Merrill Lynch and Capgemini, the world’s 9.5 million High Net Worth Individuals (HNWIs) develop an increasingly more global outlook with diversified interests, “investments of passion” have become an important portfolio allocation.
Investments of passion include luxury collectibles which cover automobiles, boats and aircraft; jewelry, art, sports-related investments like professional teams, sailing and race horses; and other collectibles categories consist of wines, antiques, coins, and the like.
The luxury collectibles ranked first, … Continue Reading