Spending Spree:
For most people, investments consist of traditional asset classes like shares, bonds and cash. For the super-rich though, the term “investment” can be extended to include what are known as “collectibles”. A collectible is any physical asset that appreciates in value over time because it is rare or it is desired by many. Listed below are some of the most ex-pensive collectible items ever recorded. However, investing in collectibles should come with a major health warning: while some of the items below might prove to offer decent returns for their purchasers over time, the general consensus is that nothing can beat the returns offered by traditional investments like shares and bonds.
The WORLD’S MOST EXPENSIVE PAINTING $250m (R2,6 bn)

The Card Players (main image) is one in a series of five oil paintings by the French Post-Impressionist artist Paul Cézanne. Painted during the 1890s, the versions vary in size and in the number of players depicted. One version of The Card Players was sold in 2011 by private sale to the Royal Family of Qatar for a price estimated at between $250 million and $300 million, making it the most expensive work of art ever sold.

WORLD’S MOST EXPENSIVE WRISTWATCH : $55m (R577m)
At a cost of US$55 million, a new watch – which its makers claim to be the world’s most expensive – is proof that time really is money. Called the Graff Hallucination, it was designed by London jewellers Graff Diamonds. The ladies watch was unveiled at the Baselworld watch and jewellery fair in Switzerland in May 2014, is encrusted with 110 carats of colourful rare diamonds.