Refined Returns
03/12/2021 |
The Friday File: During 2020, the Knight-Frank Luxury Investment Index rose just 3% after declining 1% in 2019. The top performer for the second year in a row, Hermes handbags (think Birkin bag) up 17%, bettering their 13% jump in 2019. Fine wines were next, rising by 13%, antique cars followed at 6%. Since 1/1/11, rare whisky is tops, up a staggering 478% followed by antique cars at 193%.