Turns out, owning high-end collectibles can lead to high returns.
The Economist Valuables Index has gained 211% in nominal terms since 2003, while the MSCI World only increased by 147%, including dividends, over the same period.
The index includes classic cars, vintage wine, fine art, rare stamps, precious coins, classic guitars and violins. For more on all these investments and others, read:
Include this liquid asset in portfolios (wine)
Not an investment for flippers (coins)
Art adds beauty to the portfolio
Stamps deliver top investment returns
Antique violins a sound investment
Superstars for sale: Buying memorabilia
Place bets on racehorse investing
The many facets of jewelry investing
Help clients buy a piece of history
Go ahead, buy a private island