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Speaker 1: New research shows that you might be better off investing

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Speaker 1: your money into whiskey and Lego rather than the share market.

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Speaker 1: Whiskey came out on top with an average annual return

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Speaker 1: of seventeen point five two percent over ten years, while

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Speaker 1: more traditional investing into the S and P five hundred,

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Speaker 1: for example, return just twelve percent a year over a

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Speaker 1: long period. Gertjian Verdict is the University of Auckland finance

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Speaker 1: lecturer who's been looking into this. He is with me now,

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Speaker 1: good evening, Thank you for having me. How realistic is

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Speaker 1: it making lots of money off Lego?

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Speaker 2: Well, it's not really that realistic in terms of percentage

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Speaker 2: is amazing, but we're talking about actual small amounts of money.

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Speaker 1: How much have you found people are investing in stuff

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Speaker 1: like Lego or whiskey.

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Speaker 2: More than than you would think. So Lego is slowly

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Speaker 2: building up, but the drinkable so one and whiskey, especially

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Speaker 2: since the pandemic has increased significantly.

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Speaker 1: Give us the numbers. What what is you know? You're

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Speaker 1: the top three earners.

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Speaker 2: So in terms of actual percentage, like whiskey is by

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Speaker 2: far number one. Then we have baseball cards which also

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Speaker 2: has as a very nice return then we are at wine.

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Speaker 1: And lego, so baseball cards. Let's peck them out. So

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Speaker 1: between nineteen eighty seven and twenty twenty three, they posted

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Speaker 1: an average annual return of thirteen percent a year, which

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Speaker 1: is incorrect, more than the S and P five hundred

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Speaker 1: return per year over twenty years. That's correct, yes, And

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Speaker 1: I mean, what is this research telling us we should

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Speaker 1: go and pile our money there?

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Speaker 2: No, definitely not. What this research shows is that there

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Speaker 2: is value in adding an additional component to your traditional

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Speaker 2: portfolio of stocks and bonds, because having something real, something tangible,

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Speaker 2: is worth something and it can produce a very nice

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Speaker 2: additional return on top of your normal portfolio.

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Speaker 1: Do you have any little X or alternative investments yourself.

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Speaker 2: So, I'm myself a wine expert. I do research on

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Speaker 2: wine as well, so I have a small proportion of

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Speaker 2: my portfolio dedicated to wine, and I'm also consulted for

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Speaker 2: wine investment funds, which I do not disclose in the book.

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Speaker 2: So all the examples in the book are not something

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Speaker 2: I'm affiliated with.

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Speaker 1: Ah, so are the funds that will manage your money

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Speaker 1: for you and invest in alternative assets like this, Because

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Speaker 1: I mean, for your average punter, learning about baseball cards

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Speaker 1: or lego or whatever it might be. You know, quite

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Speaker 1: a time consuming thing to do.

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Speaker 2: So that's something we actually show in the book. So

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Speaker 2: you have a direct investment where you can actually go

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Speaker 2: and buy your lego set, but we also offer a

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Speaker 2: lot of indirect options as well. So art, for instance,

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Speaker 2: is there's growing platforms online where it can buy a

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Speaker 2: small piece of art. But also wine, as I mentioned

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Speaker 2: the wine investment funds with Key, similar issue, similar thing.

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Speaker 2: You have Whiskey investment funds as well. So there are

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Speaker 2: indirect options which we clearly show what the benefits are

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Speaker 2: also what the disadvantages are within the book.

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Speaker 1: Dan give us you a hot tip on wine. What

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Speaker 1: should we be buying?

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Speaker 2: So Australian wine is actually pretty pretty good at the moment,

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Speaker 2: So think about your pen falls for instance. That is

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Speaker 2: something that there's growing interest across the world. People are

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Speaker 2: moving away from your traditional Bordeaux French style wine and

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Speaker 2: moving more into this Californian, Australia and Argentinian wines.

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Speaker 1: Hard thing about that, and you mentioned pin Folds is

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Speaker 1: actually keeping it and not drinking it exactly.

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Speaker 2: There's a small I'm doing consumption and investment.

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Speaker 1: Sydney is get you and thank you for your time.

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Speaker 1: Getzion Verdict, Who's the University of All con Finance Lecture?

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