INVESTING: Put down the wine glass and raise your investment portfolio instead

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

When markets crash, that usually signals it’s time to buy, because then you get cheaply priced stocks. However, investors are often wary and loath to put money into what looks like a risky investment.

If you are one such investor, you might be keener to invest in fine wines, which, unlike traditional financial assets that tend to move with stock markets and market sentiment, have little to zero correlation to financial markets.

“Globally, the investment outlook is not incredibly exciting. To just find any asset class that offers reasonable returns, and stability, is a major win. As Malan explains, both demand and supply of South African fine wine are increasing, particularly with older and rare vintages. A weak rand is adding cost pressure and demand, and prices are set to increase further.

“As quality has boomed over the last 10 to 15 years, more of the leading international wine publications are sending their critics to taste South African wines annually. Independent critic reviews, especially from multiple sources, essentially determine quality and therefore ultimately investment potential,” he says.These include Kanonkop, Tokara, Rust en Vrede and Reyneke from Stellenbosch, as well as Mullineux, Porseleinberg and the Sadie family from the Swartland.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The scenario of Bitcoin going to zero does not anymore.Bitcoin is playing much the same role as gold did in the early days of banking You all should Follow AdamTreyton he knows how to deal with bitcoin and other cryptos,his tweet have been really helpful over the years

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines