Luxury Magazine Robb Report has launched its own fund.
The theory is that luxury goods are nearly inflation proof. What billionaire is going to stop buying the latest Gulfstream or Bentley, just because they dropped a few million playing Baccarat?
If you believe that theory, then there is an Exchange Traded Fund just for you from Claymore Securities and Robb Report.
Caution: if you invest in ROB, immigration may visit your Villa to deport your staff, and you may lose money.
Luxury Investment Funds
More Stats +/-
Luxe Fast-Food Pop-Ups
Street Fare Meal Kits
Sporty Three-Wheeled Vehicles
Fall-Ready Frozen Yogurts
Drone-Disabling Security Multicopters
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Exchange Traded Funds for the Lovers of Opulence
- By: Going Like SixtyAug 6, 2007