Exploring Alternative Investments: Wine, Fine Art and Collectibles | by Don Kaluarachchi | October 2023

When it comes to investing, most people think of stocks, bonds, or even cryptocurrencies.

But what if I told you there’s a whole other world of investing out there, a realm where grapes turn to gold, canvases to money, and your childhood comic book collection to a potential nest egg?

Welcome to the universe of alternative investments – where wine, fine art and collectibles take center stage.

Good wine

Image by Kamran Aydinov we Freepik

Let’s close this discussion with good wine, a liquid asset that ages longer than your grandmother’s secret recipe for apple pie (or in my case, my grandmother’s secret recipe for kevum – a Sri Lankan sweet).

While most of us associate wine with quiet evenings and good fun, there is a serious game in the world of investing in fine wine.

Unlike some stocks, wine doesn’t care about market crashes or economic downturns.

It has been around since Bacchus was the god of the vine.

Investing in quality wine isn’t just about drinking it – it’s about patiently waiting for the right moment to pop the cork and make money.

Investing in good wine is a bit like managing your own vineyard.

You buy bottles, stash them, and hope they age like George Clooney.

The longer you wait, the greater the chance that the value will skyrocket.

But beware — there is not only sun in the vineyard.

Wine storage conditions, provenance and market trends are like unpredictable weather – you have to keep an eye on them.

Art

Image by Freepik

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