The Coutts Index: Objects of Desire

[MachineGhost]

The Index captures the price return of more than a dozen passion assets across two broad categories: trophy property and alternative investments, which includes fine art, collectibles and precious items. The findings are illuminating.

Of all the alternative investments, classic cars have returned the most since 2005, rising by 257%, outpacing all other investments by more than 80 percentage points over a seven and-a-half-year timeframe. Classic watches have also proved they can stand the test of time, rising by 176% from 2005 to 30 June 2013.

http://international.coutts.com/files/p ... desire.pdf

[Pointedstick]

Heck, that's an easy one to predict. Just look at what retiring rich people loved as children, teenagers, or young adults. In 35 years it'll be vintage video game consoles, but the value of classic cars will be in the toilet.

[WildAboutHarry]

I knew there was a reason I kept that Atari

[Stewardship]

Since organic growth from increases in wages and purchasing power are limited to the top 10%, the only sectors that can possibly gain growth from rising sales are Porsche dealerships and other luxury outlets that cater to the top 10%.  But since the number of households adding income is a thin 10 million out of 121 million households, moving more luxury goods offers little growth opportunities for the rest of the economy, which is stagnant at best.

http://planet.infowars.com/economics/th ... or-in-2014