Investing in Art, Antiques & Collectibles
Although this type of investment is not yet mainstream in India but it’s sure to catch on with India’s burgeoning middle and upper middle class and their ever increasing taste in fine arts, latest trends and associated sophistication. Here’s a good article on the topic…
October 27th, 2007 at 3:25 am
There is not proof that investing in art/antique is better investment than any other asset class. Infect ROI on these assets depends upon the perceived value instead of economic value. Higher the price (and people’s perception) & higher it’s appreciation.