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Friday, March 31, 2006

Top 10 Alternative Investment

Yahoo today gives an interesting top 10 - the top 10 ways to get rich Here are the top 10:
  1. Classic Cars - Ferrari 250 GT Lusso: 10 years ago the car was worth US $520,626 and now the car is worth between US $1,214,848 and US $3,431,391, a return between 133% to 559% in 10 years.
  2. Rock Memorabilia - Beatles Lyrics: "All You Need is Love" lyrics 10 years ago was worth between US $34,707 and US $52,060. Last year it was sold for US $1,197,397 at auction, a return between 2200% to 3350% in 10 years.
  3. Property - Prague: a flat near centre of Prague was worth between US $754 to US $1,048 per square metre 10 years ago. Now the property is worth between US $2,095 to US $2,515 per square metre.
  4. Furniture - Eileen Gray Chair: the Art Deco armchair by late Irish furniture designer Eileen Gray was worth US $240,740 10 years ago and is now worth US $2,106,480 while one sold for record high US $10,852,585, return as high as 4400%.
  5. Millennium Champagne - Louis Roederer Cristal: produced in 1990 to commemorate the millennium for delivery in 1999 and was worth US $1,909 10 years ago. A bottle was sold rencently for US $14,514 at an auction.
  6. Books - Russia: an 1856 Alexander II Nikolaevich coronation album was worth US $10,000 10 years ago and is sold for US $160,250 at recent auction, a 1500% return.
  7. Chinese Art - Ming bowl: a blue-and-white ceramic Chenghua palace bowl dating back in the 1400 was worth between US $520,865 to US $694,486 10 years ago and is now worth US $1,736,217.
  8. Stocks - Canadian companies - no, not Microsoft. Niko Resources, a Canadian oil and gas exploration company was worth 29 cents US 10 years ago and is now trading at $49.5 Canadian or $42.22 US. Find a penny stock that will give you a 14458% return in 10 years.
  9. Jewellery - Cartier bracelet: a Tutti Frutti bracelet from Cartier was worth $540,000 US 10 years ago and was sold for $1,039,000 last November.
  10. Indian Art - MF Husain: the Indian artist's oil paintings were worth between $1,940 and $5,553 US 10 years ago and one painting was sold for a million in a private sale in London

1 Comments:

Blogger Unknown said...

Very useful advices. Last few month I'm thinking about invest in Prague property, because it is best time to do it. The Prague property market has and continues to see overwhelming demand from both foreign and local investors. And who wouldn't like to own a property in this fairytale city that pulls at your heart strings and attracts major foreign investors on the basis of economics.

7:33 AM  

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