No I haven't spelled swager incorrectly - well at least not as the new acronym that is doing the rounds of Wall Street of late.
Swager stands for Silver, Wine, Art, Gold, Energy and Real Estate - these being real assets widely touted as the undiscovered appreciating assets of the future in the US.
We have experienced growth in these physical products for years in Asia. Just try and buy a bottle of Petrus in Singapore and you'll know what I mean. The knock on effect of demand of this nature has propped up many a vinyard in France over the past half decade.
Domestic inflation in the US however would mean the increase in prices of precious metals, quality vintage wines, as well as high end spirits (think whiskey), energy prices, both fossil and renewable and that most influential of assets - property.
We are definitely at the early stage of this group of assets being an asstute investment as it could be argued there are deflationary rather than inflationary pressures in the US. However, the early bird catches the worm and these could be assets your pension fund is crying out for.
Please consult your adviser before making any decisions.
Mark Paine
Singapore
Meyado
About Me
- Mark Paine
- I joined Meyado Private Wealth Management as an international financial adviser in 1993. I have lived and worked in the USA, Europe, the Middle East and currently reside in Singapore in South East Asia where I am Managing Director of Meyado Pte. I am a qualified Financial Representative in Singapore under the MAS Financial Advisers Act as well as holding UK FSA CFP and FPC examinations and a BSc in Business and Law from the University of Hertfordshire in the UK. You can contact me at markpaine@meyado.com