Eyeing luxury goods? Here’s how much returns they have given vs S&P

Some of the world’s ultra-wealthy spend their money on luxury goods such as fine wine or one-of-a-kind art pieces as a passion, but others consider them investments — and their returns do often pay off.Over the past 10 years, rare whisky has been the best-performing luxury asset, appreciating 280% and even besting the S&P 500’s gains. Here’s how luxury goods have performed over 10 years relative to the S&P 500. (Source: TOI)

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