Invest In These 5 Assets To Become Richie Rich


DIAMONDS:

This sparkling stone is an entirely new concept and new asset class for Indians. You may refer it as a loose stone, but “People, when they invest in diamonds, don't leave them idle. Mostly they prefer wearing them on a ring or as ear studs”, says Aloke Sen, Chief Operating Officer of Takshh, as quoted by Business Today.

"Diamonds, of late, have become a status symbol for many, one to graduate to from gold. Buying diamonds was always a discomfort because of lack of knowledge and absence of standardized practices. But now, people are becoming brand conscious and they actually get themselves educated on how to buy diamonds”, adds Sen.

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WINE AND WHISKIES:

Whisky and wine is not only spirit worth investing in but also your avenue. Vintage wine prices may not have seen the impressive rise, but some whiskies have lately climbed, especially of those from France’s Bordeaux region, the world's best wine industry capital. While choosing wine, the most significant thing to check is the correct year. The wine prices from the year 2000 have witnessed appreciation of upto 600 percent. For instance, the cost of a bottle of chateau Laffite Rothschild which was on the top 10 list of traded wines for years jumped 22 percent in 2011. 1926 Dalmore, a vintage, rose almost 450 percent in between 2008 and 2011.