Investing in luxury assets: watches, wine and real estate for passion, prestige and portfolio diversification

key takeaways. High-net-worth individuals (HNWIs) are increasingly turning to tangible assets like watches, wine, and art – not just for passion or prestige, but for portfolio diversification and long-term value preservation Watches can offer short-term gains and tax advantages, especially in the pre-owned market, but require precise timing and brand…