With the big swings in the stocks and bonds market, some investors are diversifying their portfolios by buying other rarities, as Charles Passy of the Wall Street Journal reported earlier this fall.
According to Chris Ivy, a director with Heritage Auctions, it’s the purest form of simple supply and demand.But before you run out and buy a Rolex, Harley or guitar once owned by Willy Nelson, do your research.
Investors are better off purchasing antique or vintage bikes for investments not for weekend rides.
Watches are all about brand, with Rolex and Patek Philippe being the most prized. While some experts such as Mr. Van der Vorst of ValueMyStuff.com believes the guitar market has cooled since the 2007 frenzy, other experts say the popularity of the music from the ‘50s to ‘70s will ensure guitar sales will remain hot.
Do your research and learn the market.