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What the Wealthy Collect Beyond Stocks
Posted By Barry Ritholtz On March 29, 2013 @ 8:00 am In Investing | Comments Disabled
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Source: USA Today 
According Knight Frank’s Wealth Report , an index of the nine main collectibles markets grew 175% over the 10 years ended in the third quarter 2012 – a far better record than U.S. stocks, whose Standard & Poor’s 500 index is up only about 40% for that period:
• Classic cars were the top-performing collectible; Car prices surged 23% the 12 months ended in the third quarter of 2012, the report said; they racked up gains of 11% over five years and 395% over 10 years.
• The number two collectible: coins with 25% — and 248% gains over 10 year.
• Stamps came in a close third, with nine 9% gains last year and 216% over 10 years.
Understand that most of these investments are non liquid, have costs that are associated with ownership, require an expertise to make investments.
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URL to article: http://www.ritholtz.com/blog/2013/03/what-the-wealthy-collect-beyond-stocks/
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 Image: http://www.ritholtz.com/blog/wp-content/uploads/2013/03/performance.jpg
 USA Today: http://www.usatoday.com/story/money/personalfinance/2013/03/24/profitable-collectibles-cnbc/2002915/
 Knight Frank’s Wealth Report: http://www.knightfrankblog.com/wealthreport/current-edition/wealth-and-well-being/
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