In The Money

Time to look at collectibles amid inflation

This fortnightly column addresses readers’ queries on investing issues. This week, we look at alternative investments with inflation still going up.

Fine watches have low volatility, according to Credit Suisse, with those from Rolex giving annual returns of 33 per cent last year. PHOTO: AGENCE FRANCE-PRESSE
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Q: With inflation still going up and the stock market so volatile, shall I put some money into alternative investments like Rolex watches or wine? After all, even if prices fall, I can drink up my investment and wear the watch. 

A: Go ahead, buy that luxury timepiece or branded handbag without guilt pangs. Not only can you enjoy these items but you will also be deemed a savvy investor as well.

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