Investing in the Finer Things in Life. Outside of the mainstream world of stocks and bonds, there exists an interesting cross-section of alternative assets that only really gain appreciation from a relatively small group of elite investors.
These luxury collectibles things like fine wine, classic cars, rare stamps, colored diamonds, Chinese ceramics, and fine art are unquestionably fun to hold as investments and even to talk about. But do these alternative assets also perform as investments over time? The obvious challenge with valuing an item like a prized Picasso painting is that beauty is in the eye of the beholder.
