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Investing in wines and fine arts
By Data Science Investor  •  February 24, 2021
In many of my earlier articles, I have emphasised on the need to have a well diversified portfolio where most of the constituents/asset classes in your portfolio should have as low a correlation factor as possible so that your portfolio is able to weather various different kinds of economic conditions. While the majority of investors are primarily focused on investing in stocks, bonds or even cryptocurrencies, there are actually a few other unconventional asset classes which are beginning to gather investor's interests in recent years. These asset classes might not be something an average joe will be expecting but track records have shown that they are definitely a good hedge against drops in stock markets. And these asset classes are wines and fine arts. Similar to other non income-producing assets such as gold and Bitcoin, wines and fine arts derive their values based on how people perceive their values to...
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By Data Science Investor
This is a site to publish my findings and research which are based on data science to aid you in your decision making process for investments in stocks and property, particularly in the Singapore market.
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