Investing can be rewarding, not only financially but, depending on what asset you choose, it can also be personally satisfying.
Impatience can be one of the biggest investing mistakes. Generally, the longer you wait, the better the outcome. That’s certainly true for tangible assets, like collectables. They typically include things like gemstones, memorabilia, art, antiques or cars. The list is long and the rarer the better. One caveat to remember though when investing in collectables – fakes are rife so make sure what you’re buying isn’t one of them. The market is also subject to the ebb and flow of changing tastes and trends. What may have been in demand this year, might be out of favour the next. A little bit of research into the historic demand for your chosen collectable might provide some insight into its future value but, like all investments, nothing is guaranteed.
Many prefer the traditional stocks and shares approach, but these are subject to volatile and external forces too, like geopolitical activity, inflation and other economic factors. It can be a difficult process to navigate for amateurs and certainly no one should invest what they can’t afford to lose, at least in the short term.
If you’re serious about investing, and realistic about the likely gains, then seek out a professional for robust expert advice from a reputable business.
A good portfolio manager will steer you though the landscape and point out the pitfalls. However, wise counsel will not protect the investor from unfortunate falls in share prices.
No one can predict, with certainty, the future value of commodities or the trajectory of the stock market.
However, the trade in fine wine and spirits has been generating impressive returns for some time and shows no signs of slowing. Indeed, forecasts (based on global export figures, rather than hopeful desire), suggest that the market has a long way to go yet.
For expert and reputable advice, we offers you access to a personal portfolio manager who will guide them through the process step by step. With a choice of whisky from the finest distilleries and different regions.