Vinovest: Why savvy minds invest in fine wine
It’s no secret that the stock market can get bumpy.
That’s why savvy minds smooth out their portfolio with fine wine.
Yes, you read that right. You can invest in fine wine. In fact, people have been doing so for hundreds of years, and with good reason.
Fine wine prices have:
Appreciated 347.4% since 2004
A near-zero correlation with the stock market (0.12, to be exact)
Outperformed the S&P 500 during the past three recessions