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Me & My Money: How tangible assets like fine wine now play a part in former banker’s portfolio
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Mr Jeremy Howard has bought and sold over $1.5 million worth of fine wines since he started investing in them in 1996.
PHOTO: CRU WORLD WINE
SINGAPORE – For former banker Jeremy Howard, having some of the world’s finest wines in his investment portfolio is “critically important” as he can always just open a bottle and savour the taste in the event that their prices fall dramatically.
With inflation and interest rates likely to stay high for now, it is a good idea to invest more in tangible assets such as fine wines, as they provide uses beyond being just a financial product and can offer intrinsic value in periods of high volatility, he said.
