AVFINPAL- Your Financial Pal

Hi Folks, I had an interesting discussion with my fellow portfolio managers in my team last week. The discussion hovered around the greater changes that are being brought about in India's economy, which is expanding faster than most of its peers.  With increasing spending as a result of rising salaries, more people are treating themselves to expensive luxury goods and antiques. It's overwhelming to how the Indian market is evolving and investors are looking into alternate asset classes and items like high-end watches, rare wines, whiskey, sneakers, and fine art are emerging in the Indian Economy too.  This whole discussion led me to dig into some insights about how these alternate assets classes actually sailed over the years. Eventually, I thought be a good idea to share some of these insights with my readers.  It's interesting to note that luxury timepieces are fast emerging as a new source of fixation for the wealthy, particularly Gen Z and millennials. Younger consumers