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While many people do enjoy drinking wine or whiskey, there is also a way to invest in these and potentially earn a handsome profit. Like other alternative assets such as fine art, farmland, commercial property, etc wine and whiskey can be a way to provide your traditional portfolio of stocks, bond, mutual funds a bit of diversification. Here we take a look at you can invest in wine and or whiskey, either in a personal account or even in an IRA!
Is wine a good investment?
Fine wine has returned 10.6% per year over the last 30 years, outperforming the global equities market during that period. That’s a healthy return. Of course returns over different periods may be different, but wine is an investment class that has a low positive correlation to stocks. So when stock increase or decrease in value, wine prices don’t necessarily react in the same manner. That low correlation is useful when diversifying your investments.
How to invest in fine wine and whiskey?
There are several options to invest in fine wine and whisky. You can purchase individual bottles yourself of course, but this would require you to be quite the wine expert and also store these bottles at the correct temperature and maintain insurance should some thing happen to them. Fortunately, there are alternatives out there through companies that are experts in wine and store your bottles in state-of-the-art, climate-controlled storage facilities. If you ever want to drink the bottles you invested in, you can. You can always buy more, sell for a potential profit, or enjoy them whenever you want.
Here are our favorite companies specializing in Wine and/or Whiskey investments:
Vinovest is our top pick for wine and whiskey investing. You can get started with Vinovest for as little as $1,000 and you can invest in blue-chip wine from popular regions like Burgundy and Bordeaux plus emerging markets from around the world.
Great Benefits
Excellent Returns
Fine wine has returned 10.6% per year over the last 30 years, outperforming the global equities market during that same span.
Curated Portfolio
Say goodbye to rigorous research. Say hello to your personal portfolio advisor. At Vinovest, we do the hard work for you, creating globally diversified wine portfolios based on your investing preferences.
Portfolio Diversity
Traditional portfolios are a mess. Stocks, bonds, and mutual funds are all vulnerable to similar risks. Not fine wine, though. Its low correlation with traditional markets makes it recession-resistant.
Insider Pricing
Stop overpaying. Vinovest purchases proven vintages and emerging contenders below retail price, maximizing your potential returns on investment.
Whiskey investing:
You can also invest in Vinovest’s newest venture Whiskeyvest. Here you can invest in some of the world’s rarest whiskeys. Like wine, whiskey also has a very low correlation to the stock market. You don’t need to be a whiskey expert and can participate in another investment options with potentially high returns.
Other ways to invest in wine:
Want invest in wine in your Individual Retirement Account (IRA) account? This is an option using a service such as Vint. They offer investors the opportunity to invest a portion of their retirement assets in securitized assets. You don’t actually own the bottles, but rather a fractional ownership of a collection.
