Those who keep their portfolio healthy often look for a range of assets in which to invest, we have compiled a list of the top ten tangible investments for those looking to diversify their portfolios. Keeping a diverse portfolio keeps your investments portable, private, and often times can be kept undocumented. If you are looking to add to your investments this is a great place to start!
1. Rare U.S. Coins – Certified by PCGS and NGC
Most liquid of all collectibles. One of most portable and easily transferable tangible investments. Extremely large market place, thousands of dealers. Totally private, no reporting requirements. No authenticity issues, easily and cheaply insured. Remarkable appreciation outperforming the Dow & very historically and artistically important. Large range of values to invest in.
Short Falls: Limited supply, limited qualified experts
2. Fine Watches – Certified by major auction houses or top dealers.
Very good appreciation, large marketplace, prestige of ownership, enjoyment of use. Some historical importance, private, portable.
Short Falls: Large dealer markups, marginal liquidity, possible expensive mechanical issues. Expensive to insure.
3. Fine Antique Jewelry – by designers or of classic time periods (Art Deco …)
Good appreciation, private, portable, large market place, prestige of ownership, enjoyment of use. Some historical importance, reasonably verifiable.
Short Falls: Large dealer and auction markups, marginal liquidity, minor authentication issues, expensive to insure.
4. Rare Gems – Must be GIA, AGL certified.
Good appreciation, portable, prestige of ownership, easily transferred, enjoyment of use, some historical importance, no authenticity issue if purchased from mainstream sources.
Short Falls: Truly rare gems are very expensive, expensive to insure, expensive to transport, always a security risk.
5. Fine Art – paintings, prints and sculptures only well documented and guaranteed.
Great appreciation, prestige of ownership, pleasure of display or use, historical importance in some cases, can be reasonably private
Short Falls: Authenticity issues abound, transportation difficult and expensive, insurance reasonably expensive, illiquid, large auction and dealer markups, relatively fragile
6. Fine Decorative Arts –
Good appreciation, prestige of ownership, pleasure of display or use, historical importance in some cases, can be reasonably private.
Short Falls: Authenticity issues, transportation difficult and expensive, fragile, illiquid, large dealer and auction markups, insurance varies could be expensive
7. Historical documents and autographs –
Good appreciation, prestige of ownership, pleasure of display and use, historically important, can be reasonably private, can be reasonably transportable
Short Falls: Authenticity issues, fragile, illiquid, large dealer & auction markups
8. Fine wine –
Great appreciation, large market place
Short Falls: Expensive to store, expensive to insure, power failure could destroy the value, some authenticity issues, temptation to consume, difficult to ship, high markups at auction and dealers
9. Rare guns and arms –
Great appreciation, medium marketplace
Short Fall: Expensive to store, moderately expensive to insure, mechanical issues, some authenticity issues
10. Vintage and rare automobiles –
Great appreciation, large market, good auction market, reasonable auction fees
Short Falls: Mechanical issues, storage expensive and needs to be very large space