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I listen to this the stock market hey it's nearing all highs but if you're still skeptical skeptical -- it's about getting back into equities.
There's another place to invest its wine.
Joining me now with the ins and the outs Peter shake -- Founder of this next limited a wind broker they specialize in introducing private individuals to the benefits of investing in wind.
Are -- so Peter I'm I'm happy to drink a bottle of wine but why would I invest in a bottle line.
But there are two separate things sanitary and I think that the first rule it's.
It be good gonna look at the top 25 financiers in the whole world hands.
People invest -- for two reasons I guess the first is because this the most -- cut Tennessee level.
That the Americans buying fine -- the Russians do the Chinese team the Brazilians didn't say.
You can imagine it just getting out of any any currency in just being one flag currency this -- the first thing.
The second thing is that we're seeing a lot of people coming out of bonds now and they're looking for alternative assets they're not sure about economy and they wanna get involved in something light -- Is if it like any other kind of mutual fund.
Yeah absolutely absolutely you've just gotta be careful about son of this may he be trading with me you've just gotta be going through winds that's.
Like to stop you gonna be ought to exit as well as get into the market.
Well you know.
Except brings up a question we have it.
Graphic here of I guess you say that live that's the live -- fine wine 100 index.
And it encountered some problem yeah it's come down quite considerably.
In the last eighteen months and I just wonder why.
So this wind trade similarly to the S&P -- a trade against did what's the typical trend.
You could look at it over along that Peter to have first time you do you don't have spot trade -- the market like he would do stocks and says.
You're looking at a between three and -- -- hold as sort of based minimum.
-- about it at 3000 dollar entry level if you're gonna buy one specific case.
But -- is a great thing great article here last year when do you think we just celebrated the queen's sixtieth anniversary.
And -- looking for the best investments over the course arraigned since signing fifty to eighty.
And why and -- go they'd -- Toyota being the S&P 500 to be -- I don't know I think that to generally speaking exactly as a lot of people now just saying that has so little bit away from traditional investments in getting involved in line.
Now appearing understand that if you're serious you that -- is an even in your house.
Guide you you don't even hold -- at home with today and it's in this special warehouse somewhere why is that.
You're not likely to behalf houses I know that because they're just like a nice glass of -- I guess that.
But yet it's it's coded in bonded warehouses son and stay invested -- -- that way and it's.
You know the taxes and up to one side when you get a cell that's when you you pay out.
Telling about the fee is it's always important -- about the fees with any investment.
-- -- city -- -- -- is if he's really I guess.
The one is that they just incorporated may need in the case of wine.
-- -- is fond obviously they -- of the fund on the on the document is -- is out there for everything seemed to listen to the regulations.
-- hoping we'll put a percentage -- -- I like to think you have done is being.
They've been -- he's been set out to be stockbrokers of the wine investment trade and and we just clearly say -- -- that's the way we get.
Alright Peter were at a time I have more questions you must come back it's a fascinating topic and that.
Would love to hear more about it thanks so much for your time tonight appreciate it.
Bode thanks Simeon Jerry's that unite here but certainly enjoy it doesn't get -- (%expletive) -- -- -- -- there.
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