It’s hard to drum up much enthusiasm for investing these days. Yet, for the high net worth crowd with income to spare, there are some other asset classes to consider -- investments that not only hold the potential for powerful gains, but can help put the fun back in your portfolio. We're talking art, wine, horses and cars.
It's a fair enough question given the state of the industry. Returns are down, so are capital flows, and more funds are likely to fold than start up this year.
Mention the words Swiss bank account and it can bring to mind corrupt politicians hiding vast sums of money, drug lords laundering ill gotten gains or filthy rich American citizens trying to avoid paying taxes.
If you’re looking for a high-end, luxury condominium, there’s more choice out there but you won’t find any bargains in Boston -- or New York, Los Angeles, San Francisco, or even Miami. That’s right, Miami. And forget about the credit crunch and the housing slump.
We’ve gathered a collection of some of the most famous, rare and valuable gemstones in high demand from around the world. Check them out!