Investing in Luxury Can Pay Off — Big Time
There’s no doubt that buying luxury is a great long-term investment. But there are categories that perform better. High-end art for example, tends to be a safer bet than trying to pick a luxury car that will become a collectible.
What the numbers show, though, is that if you pick luxury assets correctly they can easily outperform most other asset classes. One of the best overviews of the trends and returns can be found here.