As i browsed through the financial readings for the night, I saw this particular watch that is selling for an astonishing price I can ever imagine.
Guess the Price?
Its selling in The Hour Glass for S$150,700! I can only use one word to describe - disbelief. S$150k can buy me a car straight or used as downpayment for a condo or something... And what if you drop it on the floor accidentally? Ouch!
Then again, it spurred my thoughts to head another way - Alternative Investments.
Types of Alternative Investments
Offhand, I can name just a few like Gold, Wine, Watches, Collectible Coins etc... Wanting to know more, i did a search and i realize basically; An alternative investment is any investment other than the three traditional asset classes: stocks, bonds and cash!
So practically many other things like fine art, private equity or real estate are considered alternative ...
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