Categories: Entertainment

How to increase your money from 50 francs with whiskey and art

Exquisite wines, expensive watches, exclusive bags, art, whiskey and fast cars – all luxury for the rich? How to invest with small amounts now and what you need to know about alternative investments.
Author: Olga Miller

Do you have a passion for collecting? Do you like beautiful things or have you always wanted a luxury watch? Do you like to eat and don’t say no to a good glass of wine or do you like art? Or are you looking for a way to expand your investments with stocks that survive inflation and defy challenging stock markets? These can all be reasons to hang out with each other alternative investments too busy.

Until recently, luxury watches, fine wines, selected art, innovative cars or great old-timers, exclusive bags and jewelery were a world that was mainly open to wealthy people. Thanks to advancing digitization and new providers in the financial sector, this is now changing rapidly, at least when it comes to investment opportunities. We can all turn our passion for collecting into an investment. Here are some tips for doing that.

Traditional systems are eg B. Shares and bonds. “Alternative investments” is a relatively broad term for investment opportunities such as:

What they have in common is that they are only slightly correlated with traditional financial markets, ie they are less dependent on traditional market factors and therefore enable returns even in difficult times or are seen as preserving value.

In addition to personal passion, for example B. because you like to collect, consume or use something, this form of investing offers the possibility spread your risks further and generate returns in challenging times.

It is important to know:

Despite all the crises, consultancy Bain estimates that the global luxury market will grow by 21% in 2022 and should amount to 1.4 trillion euros (Bain, November 2022). Aurelio Perucca, CEO of the new app Splint Invest, which allows us all to invest in wine, whiskey, handbags and art from as little as CHF 50, also confirms that alternative investments are especially popular in times of inflation and when the stock markets are collapsing. still challenging Switzerland: “When we started Splint Invest in 2020, we could already see a lot of interest in alternative investments. In the past six months, demand has again increased significantly. For example, our turnover has risen sharply in the past quarter, currently more than 500 new investors every month.”

This is evident from the report by Credit Suisse in collaboration with Deloitte Private (Collectibles amid heightened uncertainty and inflation, June 2022). Watches and jewelry, but also handbags (especially Chanel handbags) then Store of value with low volatility (between 2.5% and 5% per annum) and generate a return of 4.5% – 6.5%.

As promising as the investment opportunities are, there are also risks.

Some of the most important are:

There are several ways to invest in luxury goods, some of them are:

New technologies make investing in luxury goods and alternative investments possible for all of us. Only the future will tell if it pays off.

What do you think, would you rather have a case of whiskey or wine in the cellar and enjoy it with friends in good company or is this new form of investing, which is also affordable for ordinary people, something for you? 😉

Author: Olga Miller

Source: Watson

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