The social and economic ramifications of Covid-19’s rapid spread have been felt on a global scale. Millions are forced to work from home while attempting to slow the spread of this deadly virus. Millions more are on the front lines attempting to help provide essential services and goods to those impacted.
The economy has felt the global shockwave as well, with the Fed cutting rates half a percentage point and major corporations, like Macy’s, furloughing the majority of its employees.
There is some good news for wine investors, though. According to Liv-ex, the UK’s main trading platform for fine wine, the fine wine market has remained stable amid this global crisis.
Though the future is unpredictable, particularly in the unprecedented situation we find ourselves in, we can reassure our investors with a few facts:
Fine wines historically offer both steady returns and low volatility. That’s why it’s also a great time to diversify your portfolio, if you haven’t yet chosen to invest in a luxury item such as fine wine.
Creating your own portfolio can be done easily with the assistance of a personal broker. Our U.K. wine brokers are always up-to-date with current market movements, emerging trends and market value. Liquid Opulence can also guarantee pristine storage conditions and security for your holding.
If you’re interested in a free consultation with one of our fine wine brokers, please contact us today.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.