The brand Rolex has become synonymous with wealth, luxury, fame and high quality of life. It’s probably the most famous watch that people all over the world associate with great success and financial achievement, i.e. having heaps of money. Ask anyone, anywhere what kind of watch they would buy if they suddenly struck gold or won the Spanish National Lottery. The answer would be a Rolex, I can guarantee it.
Ever since Rolex became the world’s first wristwatch to receive the chronometric precision certificate in 1910, it’s been the ultimate male accessory and status symbol for the top elite. One has to wonder if Wilsdorf and Davis knew what they’d started when they first established the company in London and Geneva all those years ago. In less than a century, Rolex has come to dominate the luxury watch industry on a global scale, being the largest and most successful brand on the market. Whether you were born into a noble family of great wealth, or made your or own fortune from very modest beginnings, Rolex is one luxury item that’s considered a “must have”. Owning a Rolex watch instantly grants you an air of refinement and sophistication, not to mention respect and admiration. All from wearing an expensive watch. Think about that for a minute – now, that’s great marketing.
Having multiple watches in your private collection is not only a sign of how disgustingly rich you are, but may also serve as a very profitable investment. The demand for vintage units has increased dramatically over the last years. With current prices ranging from thousands up to millions of US dollars, your status symbols could easily be worth more than double in the foreseeable future, if this trend continues. Thanks to its huge popularity, a Rolex can also function as a direct transaction currency that can be traded for other valuable collectibles, such as luxury cars and expensive art pieces.
Investing in a substantial set of Rolex units is just like any other rare commodity; the average price will go up over time. Financial advisors expect a 1942 Chronograph unit to be worth more than $2 million in just 5 years from now. Add this fact to the social status and benefits that come with owning a Rolex, and it’s not hard to understand why it’s the ultimate prosperity symbol in the modern world.
Back in 2012, Australian billionaire and shipping tycoon Clive Palmer announced his latest project: a modern replica of the infamous Titanic vessel that sunk after being hit by an Atlantic iceberg. The multi-billion dollar project, appropriately named Titanic II, would be headed by a Chinese contractor firm operating out of the CSC Jinling shipyard and construction site in Nanjing. Once, completed the ship would set sail on its maiden voyage from Southhampton, England (just like the original vessel).
The news about the Titanic being revived sparked a viral storm on the Internet, with many prominent investors signing up to fund the project. Titanic II was supposed to set sail in 2016, giving Palmer & Co. four years to finalize their plans and come up with the necessary funds.
Unfortunately, with another economic recession around the corner and investor interests fading due to a decline in tourism and a rise in construction material prices, the maiden voyage appears to have been postponed until 2018, and is now scheduled to take place from China to Dubai. The initial hype seems to have fizzled some, with many of the prime investors turning to more tangible assets, such as gold bars and precious metals.
Still, with so much time and money already spent on the project, one would assume that Titanic II should at least be well under construction by now.
Here’s where things take a more sinister turn, as recent satellite images show there’s no ship being built at the Jinling shipyard. Sources confirmed by the BBC report that the vessel was never to be constructed and that no actual work-hours were put into the project.
So where did all the money go?
One plausible theory involves Palmer using the Titanic II project as a smokescreen to redistribute personal funds and hedge fund money in order to avoid taxes, while the more conspiracy-minded reporters outright accuse the shipping mogul of defrauding investors and embezzling away the money to his failed construction ventures.
The future of Titanic II is uncertain, if there ever was one. One can only hope not too many good people invested in the project, or purchased a booked trip on the maiden voyage. A voyage that’s been put on an indefinite hiatus, just as the comments on the subject by Mr. Palmer.
There’s something undeniably alluring about old objects, whether it’s furniture, art or just the random item. Granted, the design and craftsmanship are always to be considered, but many antiques give their owners a different kind of pleasure. There’s an affectionate bond created between you and a lost era of different mindsets and values. Your collection of historic items becomes a link to the days of glory past, making you feel like a participant in the creation of history rather than a simple observer. It’s kind of hard to explain to an uninitiated, but the joy of the hunt, combined with the knowledge that you’re actually playing a role in preserving the legacy of your species, can often be an enticing practice and eventually become quite an addictive habit.
Pristine antiques are primarily valued after their rarity and condition. Recently, a glorious Stradivarius was sold at auction for more than 20 million dollars. The owner? A modest hobby collector who just happened to stumble upon the musical piece of art during one of his regular hunts. Another example is the presidential “blanky” that was discovered by experts after having spent most of its time in a dusty coffin in an old woman’s attic. This piece of cloth eventually fetched her a fortune of 13 million when it was sold to a collector.
Collecting antiques is a perfect way to make a more than decent living by doing what you love. A few well-placed bids and discoveries are all you need in order to become a very wealthy individual, and it’s fun, too. In case you don’t have any personal interest in hunting down historical items, you can still turn a couple of purchases into an excellent investment. Just consider, if a Victorian table is worth several thousands by today’s standards, imagine how much you could get for it if you kept it in good shape for another 20-30 years? The best thing is that you get to enjoy the object while it increases in value. Put out your collection on public display in your home and let friends and family admire your most treasured items, while giving them a well-deserved lecture on its history and how it came into your possession. Now, that’s something you certainly can’t do with market stocks.
There are plenty of millionaires out there who started their fortune with one good find on some obscure flea market or an open auction. Antiques don’t require any particular financial skills, and you don’t need to stay constantly updated either. All you have to do is buy some and then sit on them (sometimes literally). A beautiful and fascinating addition to your wealth portfolio.
If you are wealthy enough to employ your own cooking and cleaning staff, then kudos to you and your success. But have you ever considered taking things to the next level and hire an actual manservant to do your bidding? Someone who will wake you up in the morning by sprinkling you with fine rain mist spray and offer you a tray of freshly ground beans and custom cut toast.
Someone who will bring you the latest edition of Finance Weekly and hold the hors d’oeuvres at cocktail receptions. Imagine all the doors of finer living that will open up once you obtain your very own household slave to dote on you and your monetary luxuries.
With all the various troubles going on in the world, and with the steady stream of paperless immigrants flooding over the boarder, why not take advantage of one or two, or three of these people fleeing from religious persecution and death and integrate them into your household? Immigrants under constant threat of deportations make excellent workers with no leverage or unions in the picture. A quick course in English and British mannerisms and presto, you now have your own butler on a diminished payroll.
Having a butler in the house will not only bring that much coveted air of holier-than-thou whenever friends come over to visit, but also improve your family’s daily habits as you can appoint your servant with a staff to discipline your children, or a blowgun to sedate parents-in-law and rowdy pets. This shouldn’t be too difficult, as most immigrants are already proficient with primitive tools and weaponry. Look for skills in whips, boomerangs and battle axes when employing an effective manservant. If you’ve been bright enough to follow some of our previous financial advice, you’re most likely able to employ a minor army of minions to execute your slights and whims. What better way to tell everyone that you’re rich than having a legion of hired goons of exotic origins to parade in front of your mansion?
Let your money do some good for the less fortunate, while at the same time satisfy your primal desires of lordship and domestic domination. If your immigrant servants have families of their own (which is often the case), you can start training their children at a young age to take over once their parents are worn out by brewing your tea and fetching your slippers.
Oh, and if you’re too thick to get the point – yes, we’re being sarcastic.
Wealth is no excuse to become a humongous douchebag, so don’t…
No, we don’t condone drinking as a daily habit. Savoring fine wines is meant to be an occasional pastime of pleasure in good company, not downing a bottle at 11 pm by your lonesome. Now that’s out of the way, let’s start corking up those bottles!
Collecting rare vintages is a trademark of fine living. Any true gentleman and wine scholar should sport at least a modest selection of bottles and cases in their cellar. The more advanced enthusiast will even move on to purchasing wine not only for personal satisfaction, but for a hefty profit as well. The old saying among connoisseurs goes as follows: If you buy five cases, you’re supposed to let them age for a minimum of ten years. You’re then (finally) free to drink two of them, while the remaining three will be sold off. As the price of stored wine rises with age, three cases should be more than enough to fetch you a good profit and allow you to reinvest in a few cases of more recent vintage.
And on it goes, creating a self-financing collection that will gradually increase in both volume and value. In recent times, the wine market has seen some big changes. The amount and velocity of wine being traded has exploded as investors are starting to realize how much money can be made in this niche. Like other precious commodities, wine is now being traded mainly for profit and less for the sake of personal collecting.
So why not combine the two, adding to your private selection and create some decent revenue at the same time?
As a fresh collector/investor, there are a couple of things you should take into account if you wish to make it big on the new wine market. First, you need to understand the supply and demand chain. Demand is driven by market hype. In the past ten years, the interest of investing in wine has caused prices of both commonly bought and rare items to spike drastically, as they are now being treated as rare commodities rather than the fine qualities themselves. Because of this trending shift, there’s also been a greater demand for traded wine on the global markets. The limited supply in relation to the growing demand will only see a rise of prices, as everyone races to get a piece of the liquid pie.
You need to exercise caution, though, as with all good things there are granted to be more than one rotten egg. Scam artists have taken advantage of unknowing wine investors, offering them unreal profit margins and pyramid schemes involving overpriced cases. More than one private investor have been left standing with an empty wallet and subpar bottles with fake labels – or no bottles at all. It’s imperative to do a proper background check before going into business with a supplier or merchant. This will most often reveal all you need to know regarding a company’s history and customer reputation.
Older and well-established suppliers will generally have a greater selection of vintages and client services – some will even help you setup customized investment portfolios after your personal taste and preference. The more lowkey merchants, on the other hand, will often give you a better spot price, as they are eager to make a mark for themselves in a competitive market. It’s a risk and reward situation; are you willing to sign up with a lesser known company with cheaper costs, or do you choose one of the big players, where business reputation comes included in the price of sales?
There are plenty of integrated web portals you can use that list the most popular providers and allow you to do quick price comparisons.
Some merchants will let you store your investment in a secure, temperature-controlled cellar of their own. This will cost you an annual fee plus insurance, but the upside is that your wine will remain safe from both natural decay disasters and unwanted probing fingers (including your own). Once you decide to sell (or drink) your investment, your provider will usually charge you a small commission on the going price.
How much you decide to invest in rare wine depends on your personal budget. Most financial advisors recommend somewhere between 2,000 and 5,000 dollars, but you’ll come across plenty of examples where investors have put millions into their stored collection. Consider that a single bottle of prime bordeaux sells for more than $75,000 on the market, it’s easy to see how even a modest investment can grow into a fortune over time.
You’ve probably enjoyed this delicacy at some fancy cocktail party, as it is one of the most popular treats wealthy people like to serve their guests.
But did you know that it’s also a valuable commodity that could potentially make you rich, as well as perfect your culinary taste glands? Items that have a limited supply and are high in demand always represent a good investment opportunity, including caviar. Add to this the restrictions on the Russian markets, and a few well placed bids on genuine beluga caviar will propel your funds into the upper atmosphere, and that’s not even counting the social benefits you’ll get for providing your inner circle with this salty wonder.
As the Russian ruble is currently performing weaker against the dollar, the time has never been more perfect for private investors to make their move on the markets. If you’re not financially equipped to dominate the stock market, you can still make good profit by investing in other areas, like physical assets. Caviar is one of them, because its demand will always be greater than the available annual supply, and with the ruble taking a nose dive it’s a prime time to earn some good money. You better make your move soon, because the Russian economy is expected to strengthen during the next years to come.
Caviar is one commodity that many may overlook as a financial asset in their portfolio. However, this delicacy is a major cash cow on the international markets, with millions of dollars changing hands every day. The price of 100 grams is right now hovering around $120, with several surges being predicted. Analysts and expert suggest that if you want to get your foot in the caviar business, now is the time to do so. The best time to make a purchase is during the spring when fishing season officially begins. The increased amount of available caviar, combined with a temporarily weakened ruble, gives you a good opportunity to make a real bargain. As stock levels are gradually depleted during the summer and fall, you can sell off your investment for many times of what you initially invested. Then you can simply reinvest your profits for the next spring, creating a perpetuum mobile of income potential.
Because sturgeons are protected by heavily guarded sanctions, there are limits on how much an investor may take with him out of the country. 250 grams is the max amount allotted for black caviar. There are, however, no such limitations for red caviar. Unless you’re willing to set up your own ring of caviar smugglers (which we obviously can’t condone), the red variant is the way to go if you’re looking to make any real profits.
As with all edibles, you should always exercise utmost caution when it comes to shipping and handling, as well as meeting all the required health and safety standards set by the importing country. It may also be wise not to transport too much of the product at once, as customs might give you some grief if you try to sneak half a ton of prime beluga caviar pass them in your pants.
At the end of the day, caviar is a true thing of beauty that will melt in your mouth, boil in your stomach and is as close to edible money you can possibly get.
You know the old saying: “You need to spend money to make money”?
It’s true; you simply cannot sit on your wealth and expect it to grow. Buying your cash in the backyard will even diminish your purchasing power over time. Putting it in a savings account is a better option, but that will only give you a couple of measly percent in annual return, at best. In order to enjoy the finer things life has to offer, you need to be proactive and look for the best ways to invest your funds for a healthy return. A smart investment will boost your monetary funds as well as mitigate any risks. The last thing you want is to invest in a economically volatile commodity only to lose any profits made once the market price dips. Granted, you may get a couple of years where your personal fortune will see an increase, but as the market is always in flux, you’re exposing yourself to significant losses in the long run.
Some investors choose to play the risky game, constantly jumping between shiny objects where the possible reward is great but the risks are often far greater. A few of these investors will become very rich indeed, but most are more likely to regret their purchases in stocks and bonds when the market crashes (as it always does, sooner or later).
You hear a lot of talk about the hottest stock option to invest in right now, but after the last big financial recession, more people a switching over to real assets, like gold bars for sale and precious metals, that have been proven to retain and grow their value over time. Physical gold bars may not produce any interest returns, but are traditionally a much safer investment option in case of another economic crisis on global levels. Rare commodities like paintings, sculptures, random antiques and even wine are also becoming more popular with private investors as they present yet another means to protect and insure your wealth in uncertain financial times. If something is in short supply with great demand, its value will still be intact when various company stocks take a nosedive. If the stock market crashes, more people are likely to start looking for gold bars for sale, and that will boost the value and price of gold bars on the international markets.
Gold bars for sale are therefore a safe bet and a good investment, because there will always be a global demand for gold bars. During an economic crisis, a personal supply in purchased gold bars will see a dramatic increase in value compared to printed currency and bonds. For example, if you had invested $50,000 in gold bars before the big financial crash of 2008, your investment in gold would today be worth almost $300,000 – a 600 percent return, while keeping yourself well protected from any financial losses due to hyperinflation.
There are plenty of online providers that will let you invest in customized gold bar portfolios specifically designed for private buyers of gold and precious metals. Your money will be placed in funds backed by physical gold bars and stored in a vault with a third-party custodian. If you’re truly interested in buying gold and are searching for a reputable company that has gold bars for sale, you can visit BrightGoldenFuture to learn more about gold bars for sale as a secure and profitable investment. You can either purchase gold bars for home delivery or to be stored in an individual retirement account. This is one of the best and easiest ways to buy gold bars online, as the company will handle all the paperwork on your behalf and make sure that you don’t get subjected to unnecessary taxes or legal penalties when setting up your investment account backed by gold bars for sale.
Unlike “regular” investments, buying gold bars is based on historical capital appreciation. What makes your personal wealth grow is the annual value increase of gold bars. When you eventually decide the time has come to put up your gold bars for sale, that’s when you’ll enjoy the financial benefits of your gold bar purchase.
There are some who say that speculating on gold bars for sale is a bad idea because of this fact. If you wait ten years, and it turns out that during this time the spot price of gold has decreased because of an increase in the world’s available gold bar supply, you’re looking at a net loss. This is true, but it’s also important to remember that this applies to any financial investments. Also, if you look at how the price of gold bars for sale has performed globally throughout history, it’s highly unlikely that gold will diminish in value, with practically zero risk that your gold bars will become inherently worthless. All the records tell us the exact opposite: The demand for gold bars for sale is currently on the rise, and with financial advisors expecting another economic recession more or less guarantees that buying gold bars will grant you a prime spot in future financial systems.
Naturally, you should always keep an eye out for other lucrative ways to increase your wealth – diversify your investments. Buying gold bars and precious metals will let you do that, as you keep your financial foundation safe and growing, allowing you to expand your investing horizons further.
Gold bars for sale is a great way to invest in real shiny objects without falling victim to the dreaded shiny objects syndrome.