Collectible investments for the high net worth investor
- ISBN: 9780123745224
- Editorial: Academic Press, Inc.
- Fecha de la edición: 2009
- Lugar de la edición: Amsterdam. Países Bajos
- Colección: Finance
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 263
- Idiomas: Inglés
Many high net worth individuals are interested in diversifying their portfolios and investing in collectibles. A collectible is any physical asset that appreciates in value over time because it is rare or desired by many. Stamps, coins, fine art, antiques, books, and wine are examples of collectibles. Where does the financial advisor or investment manager for these high net worth individuals go to learn about these investments? There is no comprehensive resource from the financial standpoint - until now. Dr Stephen Satchell of Trinity College, Cambridge, has developed a book in which experts in various types of collectibles analyze the financial aspects of investing in these collectibles. Chapters address issues such as: liquidity challenges, tax ramifications, appreciation timelines, the challenge of forecasting and measuring appreciation, and the psychological component of collecting and the role of emotion in collectible investing. Key features of this title are as mentioned below. Feature - contributors are experts in collectible investing from around the world; Benefit - gives financial advisors and wealth managers handy access to expert opinions to better advise clients interested in collectible investments. Feature - experts discuss the pros and cons of collectibles from an investment perspective in their area of expertise; Benefit - one stop shopping, all expertise brought together in one volume, creating a handy reference guide. Feature - experts discuss art, stamps, coins, antiques, wine, from around the world in one global perspective; Benefit - wealth managers can gain information about a wide range of collectibles and learn about investing in these types with a global perspective.