Exclusivity, legacy, heritage and wealth — these are just some of the hallmarks that make up the world of luxury investments.
This distinctly niche market made up mostly of high-net-worth and ultra-high-net-worth individuals were not only able to ride the wave of economic unpredictability, but are now gliding into more wealth and expanded streams of income through their luxury investments.Gone are the days when one reached a certain level of wealth, and automatically invested in traditional assets such as stocks and bonds.
That is where these markets and brands — be they fine wines or whiskeys, fine or contemporary art, Swiss watches, or high-end handbags — combine the idea of taking this world of luxury that appreciates in value into your home and have the added benefit of an increased asset portfolio. At the right time and price, that joy inherent in this market is proving to multiply, while also making financial sense.It is critical to note that there exists a key differentiator in terms of accessing this “new” world of luxury investment. It quintessentially lies in your ability to already be financially liquid enough to not have a major purchase such as a designer bag influence any part of your financial portfolio.
In South Africa, there is still a relatively small segment of the population partaking in the luxury investments space, but it is a trend that seems to show little sign of abating.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
South Africa: Business Leaders Join Principals in Plan to Transform South Africa's Ailing Education SystemAnalysis - The Execs Back to School programme goes beyond physical improvements and providing resources to schools, it seeks to instil a mindset of continuous improvement and growth within the education system.
Fuente: allafrica - 🏆 1. / 99 Leer más »