Despite the growing popularity of alternative investments such as real estate, gold, and cryptocurrencies, wine and spirits continue to be overlooked, writes James Wells for Benzinga.
One of the reasons is the steep learning curve of wine investing. This involves a number of challenging details, like valuing specific vintages or securing allocations from coveted producers.
However, the advent of investing platforms like Vint is making investing in wine more accessible to investors at all ends of the spectrum.
Historically, wine and spirits have proven to be a robust asset class. They have consistently delivered impressive returns — regardless of market conditions — and have shown resilience during economic downturns.
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Over the last 15 years, wine has yielded a 13.6 percent annualized return, which is above the performance of many global equities.
Wine is also a unique property, as the longer you hold it, its price becomes less volatile. This is a direct result of the law of supply and demand: As each bottle is consumed, the remaining ones become rarer.
Vint is a pioneering platform that makes it easier to invest in wine and spirits. It offers expertly curated collections that simplify the investment process and makes it possible for investors to leverage diversified and unique collections based on current market data and trends.
Vint is also the first self-directed and transparent wine and spirits investment platform in the world. It securitizes world-class assets, which creates new opportunities in a historically inaccessible asset class.
Fred Hubler, CEO and Chief Wealth Strategist at Creative Capital Wealth Management Group in Chester Springs and a Forbes.com contributor, has worked with alternative investments since starting his firm more than 20 years ago.
“I like seeing how the alternative investment industry keeps bringing on new asset classes,” said Hubler. “For our clients who love wine and/or whiskey, they tend to want to buy the actual products and I know of several who ‘drank’ their investment because they wanted to. That doesn’t tend to happen with other alternative investments.”
Read more about Vint at Benzinga.
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