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5 Chic Commodities That Make a Good Investment

Chic Commodities

We are all looking for ways to generate some extra wealth, as we strive to acquire enough to enjoy a comfortable retirement; some investments are tangible but not exciting, while other commodities bring a lot of pleasure and enjoyment. It doesn’t have to be boring, and with that in mind, here are a few cool investments for passionate people.

  1. Classic cars – If you have the resources, a secure garage workshop where the vehicles can be stored and worked on, you can acquire your favourite classic supercars. There is only one downside, you end up spending all your time in the workshop; if you are a car freak and you have disposable income, you could start a collection. By all means take her out on a sunny Sunday ad with regular valuations, your investment should bring a return if you put her under the auctioneer’s hammer.
  2. Fine wines and champagne – Many wine lovers graduate to fine wines and success means you can open one of your best bottles of champagne. You can learn quickly with the free online resources that Google can find and choosing vintage years should see you amass a very valuable collection. Australian wines are also sought-after, so do add some local wines to your growing collection.
  3. Antique furniture – Why not surround yourself with fine period furniture? If you love the best workmanship that money can buy, start by visiting a few auctions, research online and start by acquiring pieces for your home. Get to know all the local antique dealers and start to move in those circles; attend house clearance sales where everything goes up for auction and pick up a few bargains.
  4. Luxury watches – What’s not to like about luxury chronographs? Many men start with 2 or 3 and get the bug; pretty soon they have quite a collection that they wear on a daily basis. Of course, premier watches need regular servicing, so you need to team up with a good watch technician who is certified to repair and maintain high end watches. Antique pocket watches appreciate in value and it is possible to come across a real treasure while visiting flea markets. Top brands like Rolex and Omega have a huge catalogue and you can focus on specific models and series.
  5. Designer bags – One for the girls, brands like Louis Vuitton and Chanel make stunning bags of all shapes and sizes; store in the right conditions and keep all paperwork, the top prices are paid for selected models in perfect condition, any signs of wear and the value plummets. Display in special cabinets is one way to store these valuable fashion accessories, while you can use a couple for day-to-day wear.

It all depends on where your passion lies; from fine wines to luxury watches, you can make the right acquisitions and amass a nice collection that might one day be your retirement.

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