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AP – Some people collect luxury goods such as investment pieces. Think of a Birkin bag, art by the legendary Jean-Michel Basquiat or a Rolex. Anything considered timeless or high-quality and that appreciates in value can be called an investment piece. The luxury market tends to be more resilient than other sectors during economic instability […] ....
Despite high interest rates and Americans cutting back on spending, the demand for luxury goods remains strong – but is it a good time to invest during this economic climate? ....
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