Can the fine wine market maintain its performance? | FT Wealth
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- Опубликовано: 17 апр 2022
- Fine wine has proved a solid performer for investors over recent years, but as the FT’s Matthew Vincent explains, it’s facing a variety of challenges, both in the longer and shorter term. There’s little doubt that climate change will have an impact on wine’s premier regions, such as Burgundy and Champagne, while the threat of counterfeiting is moving to the forefront of investors’ minds.
#wine #investments
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Awesome, I’m reading a lot materials involved in this sector as well.
May all being be healthy, be well, be free!
thanks for engsub
Great quality content! Yes, it's true fine wines can be an alternative to more common assets, such as property or stocks. However, you really need to know what you are doing and preserve them correctly. Keep in mind that preserving and storing the wine correctly is expensive and reduces your return on investment.
I agree with you on that point. I’m still working on it to figure out an appropriate method to capitalize the R.O.I.
Great video appreciate the quality content.
The explanation is very good and I am looking forward to more works
Neat
Interesting take I knew about the climate change and blockchain having a change on wine investment but glad to see blockchain is ranked so high of importance
~~Who drinks , he does not know about the dangers of wine ;
~~Who does not drink does not know about it benefit.
You can say that again
Home sweet home! I apologize for the ugly handwriting on the barrels by the way :D :D
The ONLY Reason why Some fine wines are so expensive is because PT Barnum was correct when he observed that: "There's a Sucker born every minute !!!" I moved to San Francisco in 1969, and I spent years thereafter engrossed with the wineries of the Napa Valley. I tasted and bought many fine bottles of wine, some even quite expensive. But my overall impression now is that thinking of fine wine as an "asset" is a Pretentious and Overwrought Idea. The basic reality is that any bottle of wine is just fermented grape juice, and any monetary value placed on a bottle of wine beyond that is simply a product of a Pompous and Pretentious Imagination to some degree. That there is even such a thing as "Wine fraud" is indicative of how Astronomical and Unreal the price of fine wine has become. I must confess that I've never looked at my love for fine wine as a Portal to Snob Society. I just drink wine for its simple pleasures, and that's good enough for me.
But at least, you can have the wine bottle in your hands, you can open the bottle and to enjoy your investment which can give you a memorable experience to remember years later! Wine is more emotional investment than economical. Compare it with crypto investment and you’ll find much more pleasure in wine and in fine art!
Treasures in Heaven Matthew 6 NIV
19 “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also.
22 “The eye is the lamp of the body. If your eyes are healthy,[c] your whole body will be full of light. 23 But if your eyes are unhealthy,[d] your whole body will be full of darkness. If then the light within you is darkness, how great is that darkness!
24 “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.
Do Not Worry
25 “Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes? 26 Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? 27 Can any one of you by worrying add a single hour to your life[e]?
28 “And why do you worry about clothes? See how the flowers of the field grow. They do not labor or spin. 29 Yet I tell you that not even Solomon in all his splendor was dressed like one of these. 30 If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will he not much more clothe you-you of little faith? 31 So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ 32 For the pagans run after all these things, and your heavenly Father knows that you need them. 33 But seek first his kingdom and his righteousness, and all these things will be given to you as well. 34 Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.ll
I agree but 1 thing is use you're own wisdom and invest your money wisely. A wise man leaves wealth for his grandchildren, but a fool leaves debt for his children. Be wise and don't bary your talents. A talent of gold being about a million $ in today's money. Instead grow you're wealth. God doesn't want us to be improvised but also not to be hedonistic. I look at money as nothing more than a tool a tool to buy the things I need or want. I look at investing the same I can't help anyone if I have nothing to give. But if I have everything what is the point if I Don't help other's out. If I have meat enough for many year's and my neighbors have nothing then what good does it do. Be wise as snakes and sinless as lambs.
The reason this market is booming is due to the rich getting richer from the pandemic lol still cool to watch even tho I'm not a wine person
The pandemic, to some extent, has led to a perfect chance for the haves that can gain more profitable assets.