It seems that almost two years of the pandemic and its lockdowns have only increased investors' demand for fine wines.
However, wine merchants and online platforms have made it possible for people to invest in wine from a few hundred pounds. There are many online investors such as https://rekolt.io/ who would help you to make an investment in wine in an efficient way.
Tips to invest in a wine :
If you're on a tighter budget it's possible to still invest in wines as there are ways you can cut the costs:
1. Invest in lesser-known wines
Wines from Bordeaux and Burgundy in France have typically dominated the world of fine wine investing but the market has changed greatly over the last couple of decades.
Wines from Germany's Rhone Valley, Italy, Australia, and Latin America are also now investable, although be aware that they do not have the same blue-chip reputation as the finest French wines.
2. Invest for the long term
Too often, investors in fine wine panic that they're losing money over the short term.
Investing in wine, especially in the beginning, can be a volatile experience particularly if you have bought your wine at peak prices. Wine prices are determined by supply and demand.
The research has proven that you can enhance your returns as well as reduce volatility when investing for the long-term.