An interesting article caught my eye today – “The Top-Performing Alternative Investments: Truffles and Tea.”
Needless to say, I couldn’t pass that one up. During this time of economic meltdown, I’m always on the lookout for interesting and feasible investment opportunities. It’s not uncommon for me to brew up a pot of tea, review some investment news, and try to dispel my generalized anxiety about my finanical future as well as that of this country and the world. I just never thought of tea in that regard. I’ve been content to let its healing properties soothe my nerves and soul.
The idea of purchasing rare Puerh teas, such as Da Hong Pao, to “buy and hold,” as the investing strategy suggests, appeals to me on many levels. China has become an increasingly important giant in the world economy. Their culture of tea has spanned thousands of years and certainly won’t be going away any time soon, especially in their ever-increasing luxury market. Buy and Hold is a strategy that has its place in one’s investment portfolio. It’s one I’ve used for general investments and this type of tea is clearly custom made for such purposes, assuming it’s stored correctly. Perhaps the only real drawback for me would be the impulse to pinch a section off periodically to sample. But at $30,000 for seven tenths of an ounce, I can probably resist the temptation.
I’m curious if any of our readers have purchased tea strictly for investment purposes. I’d love to hear your thoughts.