BT Money Hacks: Toasting fine wine’s resilience (Ep 128)

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

Wines’ clear capital preservation across the pandemic and its outperformance in 2021 may mean wine could very well be your hedge against inflation. But how’s it been doing so far in 2022 and will these volatile times have an adverse effect? 

Correspondent Howie Lim speaks to Anthony Zhang, co-founder and CEO of Vinovest to find out.

Highlights of the conversation: 

01:53 Collectible, age-worthy and investment grade wines

06:20 A ‘wasting’ asset?

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08:08 Collecting for passion vs. profits

09:09 Wine prices outpacing inflation

12:12 Outlook for wine investing is good

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

Edited by: Howie Lim

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