What are everyone’s thoughts on investing in non traditional assets like classic cars, watches and wine?
I’m particularly interested in the modern supercar side of things.
The data on certain supercars is genuinely compelling. I’ve been looking at relatively new Porsches that have appreciated nearly 40% in a few years and a Ferrari (458 Speciale for those that are interested) is up 29% in the last 12 months.
It seems that most people buying and making money in this space are collectors and enthusiasts relying on intuition and relationships with dealers.
Does anyone here have any experience in this market? Would also be willing to hear thoughts on the watches and wine element too as I’m sure there must be some correlation.