Diversify with art and wine

We’ve talked about many ways to diversify money. Why do we diversify? To have our money grow safely. If one investment is not doing well another might.

This Moneywise article talks about three ways to diversify, from Jeff Bezos.

  • Art
  • Real estate
  • Fine wine

Art and wine have a low correlation to stocks. Correlation means if one goes up, they both don’t go up together by the same amount.

There are a variety of REIT’s. We mentioned OPI and DEA earlier. Note: we own both.

What does billionaire Bezos say about art and wine?

Free image gallery

From Masterworks site, they mention the following.

  • Invest in multimillion-dollar paintings
  • Attractive historical price appreciation
  • Buy and sell shares on trading platform
  • Receive proceeds when the painting sells

It’s a new thing to invest in million dollar art pieces for the ordinary investor. As with many good things, there is a waitlist.

How about wine? The easiest way to invest in wine is buy a few bottles. For the serious collector, wine storage, temperature control, and a variety of selection and regions comes into play. We don’t drink wine, how would we invest?

Free image gallery

Perhaps the owners of Masterworks and vinovest are similar, they have similar websites. From vinovest’s website:

  • Attractive historical returns
  • Direct ownership of world-class wines
  • Portfolio diversity
  • Robust recession-resistance

Lol, as an added bonus “If you want to enjoy your wine, we’ll even ship it to your doorstep.” Hard to beat an investment you can use with dinner.

Pokémon, fine art, fine wine, gold, business, there are many ways to beat the anemic returns and high volatility of the usual portfolio.

Copyright © 2023 smilingdad. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of smilingdad, its owners, sponsors, affiliates, or subsidiaries.

Sincerely yours,


Published by smilingdad

My story is one of tragedy and redemption. We've made many mistakes along the way regarding our money. Our goal here is to show you how to take care of your money life long, and as much as we can, help the Earth along the way. I call it sustainable personal finance and ethical capitalism. Currently, I am a part time writer for Cleantechnica and part-time licensed financial professional, along with being a full-time dad.

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