Luxury Yachts - An Investment Of Passion

What do you value? It’s one of those simple questions, which we too often overlook. Sometimes even the smartest investors, those who make their living analyzing value at the highest levels, neglect asking themselves this important question.

02 April 2015
© M/Y Crazy - Too A luxury yacht could mean a transformation of an investment and a life.
The value multiplying effect of investing in your own passions more deliberately and intelligently is immense. The right mindset here can be the difference between an intelligent purchase and investing in something life-changing.

Here’s how to see the difference and make sure your hard work translates into a matching quality of life — one full of value, enjoyment, and meaning.

It’s About Investing Deliberately and Passionately

Sure, Ferrari may be a by-word for luxury, but it’s lacking in the realm of exclusivity. © Hernán Piñera / Flickr / CC BY-SA
Top earners are more and more interested in these kinds of investments. In 2014, 60% reported becoming more interested in investments of passion. What exactly does that mean? In addition to investing in property, stocks, etc, they’re also opting to invest in things like classic cars, art, wine, or luxury yachts. These kinds of items offer a special type of value, which goes much further in helping to create a great life worth living.

That value is based largely on uniqueness. It’s a truly difficult thing to find in a world besieged by ever-increasing replication. In contrast to mass production, these items evoke self expression, scarcity, luxury, and at their best can make real improvements in your lifestyle.

To better grasp the significance of these trends, it’s important to understand not just the overall picture, but how individual items are evolving within the market. Here, the difference between a simple spender and the more savvy investor becomes apparent: the investor avoids replicable items which don’t bring quality of life improvements with them. But how?

Looking to the Luxury Yacht for Inspiration

A Rembrandt is a Rembrandt no matter what. There’s reassurance and luxury in that fact. © Steven Zucker
One great example is the luxury yacht. For the right person with the right perspective, a yacht is a great investment providing lasting value and a great new lifestyle. It’s a great example of an item which combines benefits such as status with the potential for huge lifestyle improvements.

Beyond yachts, smart investors are looking at truly one-of-a-kind items like artwork. Here, the knowledge that no one is going to make a new Rembrandt anytime soon makes these investments great, not only from a cultural standpoint, but also from a financial one. So, it’s no surprise that the Wealth Report found that 63% of respondents were more interested in art as a luxury investment compared to the previous year.
And we can’t skip over wine in this discussion. For connoisseurs and enthusiasts alike, wine functions as a nice middle ground for wise investments. Only the rarest of wines exist in only a single bottle worldwide, yet, like a Rembrandt, the likelihood of a new 1787 Chateau d’Yquem showing up isn’t very high.

As global wealth increases, demand for such luxury items will continue to rise. What’s behind this trend? Simply put, these items hit the sweet spot between lifestyle enhancing value and sound financial investments. At the same time, it’s important to make your investing decisions carefully, especially when considering a new sector of luxury items, to ensure that your decisions prove sound today and years down the line.

Entering New Luxury Arenas

Ultimately, when the best and brightest of the business world want to try an investment of passion, they tend to start small and buy up. This strategy sets apart impulsive spenders from true luxury item investors, who view their investment from both monetary and emotional angles. It’s smart business sense applied to passion.

So whether your passion is ultimately for the illustrious history and heritage of the classic yacht or for something more modern, value comes from investing in something unique, and most of all, something which will enhance your leisure time. In today’s world, that’s something truly exceptional.

If you’re planning on entering a new area of passionate investment, keep in mind that having the right knowledge and expertise is a key component of making smart decisions. Make sure to choose and consult the right partner to help you discover the best investment opportunities. Choose wisely, and you can confidently look forward to the quality of life you’ve earned. Happy hunting.

If you’re looking to invest in your quality of life, explore our line of exclusive luxury yachts for sale.