A cookie is a small text file that a website stores on your computer or mobile device when you visit the site.
Cookies can also be used to establish anonymised statistics about the browsing experience on our sites.
Currently, there are four types of cookies that may be generated as you browse our site: Strictly Necessary, Statistics, Preference and Marketing cookies.
These cookies are essential for you to browse the website and use its features, such as accessing secure areas of the site. Cookies that allow web shops to hold your items in your cart while you are shopping online are an example of strictly necessary cookies. These cookies will generally be first-party session cookies. While it is not required to obtain consent for these cookies, what they do and why they are necessary are explained in the table below.
You can use your browser settings to control whether or not we set session cookies. More information on your browser settings is provided at the bottom of this page.
Please be aware that these cookies are critical to the efficient working of the site. If you choose to disable these cookies from this site, the functionality of the site may be greatly reduced.
Also known as "performance cookies," these cookies collect information about how you use a website, like which pages you visited and which links you clicked on. None of this information can be used to identify you. It is all aggregated and, therefore, anonymized. Their sole purpose is to improve website functions. This includes cookies from third-party analytics services as long as the cookies are for the exclusive use of the owner of the website visited.
Statistical information is used in reports and to improve our site. For example, we have used analytics data to add, remove or change features of the site based on how popular they are with users.
We track, for example:
Google provides a tool to opt-out of Google Analytics. This is available for all modern browsers in the form of a browser plugin. Additionally, you can control how cookies are set using your browser settings.
The advertisements you see displayed on this, and other, sites are generated by third parties. These services may use their own anonymous cookies to track how many times a particular ad has been displayed to you and may track your visits to other sites where their ads are displayed. Please note that advertisers can only track visits to sites which display their ads or other content. This tracking is anonymous, meaning that they do not identify who is viewing which ads.
Tracking in this manner allows advertisers to show you ads that are more likely to be interesting to you, and also limit the number of times you see the same ad across a wide number of sites. As an example of how advertisers operate, if you recently researched holidays, adverts for holiday operators may subsequently appear on our sites.
We do not have access to, or control over, these third party cookies; nor can we view the data held by these advertisers. Online advertisers provide ways for you to opt-out of your browsing being tracked. More information about the advertisers we use, and how to opt-out, is provided below.
Cookies you may see used on konvi.app
|Cookie name||Default expiration time||Purpose||Description|
|_fbp||3 months||Marketing cookies||Facebook: to store and track visits across websites.|
|_ga||2 years||Statistics cookies||Google Analytics: to store and count pageviews.|
|_gat_UA-*||1 minute||Statistics cookies||Google Analytics: functional|
|_gid||1 day||Statistics cookies||Google Analytics: to store and count pageviews.|
|_iub_cs-*||1 year||Preferences cookies||iubenda: to store cookie consent preferences.|
|euconsent-v2||1 year||Preferences cookies||To store cookie consent preferences.|
|referrerReferralId||1 browser session||Strictly necessary cookies||Track user referrals|
|t_gid||1 year||Marketing cookies||Taboola: assigns a unique User ID that allows Taboola to recommend specific advertisements and content to this user|
|APISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|HSID||2 years||Marketing cookies||Youtube: to provide fraud prevention|
|LOGIN_INFO||2 years||Marketing cookies||Youtube: to store and track visits across websites.|
|PREF||2 years||Marketing cookies||Youtube: to store and track visits across websites.|
|SAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|SID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|SIDCC||1 year||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|SSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|VISITOR_INFO1_LIVE||1 year||Strictly necessary cookies||Youtube: to provide bandwidth estimations.|
|YSC||1 browser session||Marketing cookies||Youtube: to store a unique user ID.|
|__Secure-1PAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|__Secure-1PSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|__Secure-3PAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|__Secure-3PSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|__Secure-3PSIDCC||1 year||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|IDE||1.5 years||Marketing cookies||doubleclick: serving targeted advertisements that are relevant to the user across the web.|
|RUL||1 year||Marketing cookies||doubleclick: serving targeted advertisements that are relevant to the user across the web.|
|variant||1 browser session||Strictly necessary cookies||For providing targeted content to users|
|cookie_consent||1 year||Strictly necessary cookies||For persisting cookie consent|
|1P_JAR||1 month||Marketing cookies||Google: optimize advertising, to provide ads relevant to users|
|NID||1 month||Marketing cookies||Google: to provide ad delivery or retargeting, store user preferences|
You can delete all cookies that are already on your device by clearing the browsing history of your browser. This will remove all cookies from all websites you have visited.
Be aware though that you may also lose some saved information (e.g. saved login details, site preferences).
For more detailed control over site-specific cookies, check the privacy and cookie settings in your preferred browser
You can set most modern browsers to prevent any cookies being placed on your device, but you may then have to manually adjust some preferences every time you visit a site/page. And some services and functionalities may not work properly at all (e.g. profile logging-in).
The 60/40 stock/bond rule is becoming more and more outdated. Alternative assets are instead gaining more popularity while fine wine is a highly-sought after asset class within the pool of alternatives. In fact, fine wine has outperformed the stock market over the past decades and Konvi is playing a crucial role in opening up the wine investment market for everyone thanks to new technologies and innovation.
As a young investor, stocks or ETFs are usually the “beginner” strategy to take on investing, while commodities, crypto or real estate are often additional asset classes to diversify. Thanks to the fact that fractional investing is making wine investments available for everyone, young investors can also finally start investing in investible fine wines that have outperformed the S&P 500 consistently in the past. However, investing in fine wine is different from investing in the stock market, so there are a few differences one needs to consider:
Let’s have a look at how the value is determined: for shares the value is based on the company valuation and highly driven by quarterly earnings reports. Thus, the value is adjusted based on performance and goal achievement. An increase in revenue and profit is reflected in the value of the share and share price.
In contrast, for wine keep in mind that fine wine also matures over time. In addition, over time more and more bottles of a single vintage are consumed, so the availability of the bottles within a certain vintage is decreasing and gets so scarce at some point that the value increases as people are willing to pay more to access one of the bottles. That’s how money is made in the wine and also whiskey market: you just need to hold on to your bottles/shares longer than everybody else does!
While the stock market is interesting for both long-term and short-term investors, the wine market holds the highest returns for those that are in for the long run. As mentioned above, wine matures over time and its scarcity determines its value increase. Therefore, even though it’s also possible to make quick returns in the wine market, the best strategy is taking on a Warren Buffet “Buy & Hold” strategy.
Finally, let’s have a look into liquidity. The stock market is huge - it consists of billions or even trillions of shares outstanding that are traded constantly. With tons of trading platforms, brokers, investors etc, the trading volume is massive while liquidity is given at any point of time. You can buy and sell instantly at real-time prices.
In contrast,liquidity on the wine market is much different. While the wine market is growing and getting more liquid due to increasing trading volume, it’s liquidity is by far not at the level of the stock market. This is also due to the fact that wine is a physical object that needs to be stored, transported and requires special climate and humidity conditions. Wine is not for day trading - it is more comparable to the real estate market. The recommended holding period is around 5 years to see strong and reliable returns.
Investing in single stocks is usually very intense. Most investors try to be overly involved, log into their app every few hours while their mood correlates with the stock’s performance. When people first invest in wine they are tempted to do the same. However, again, wine is a long-term investment - trying to consider it as a day trading option, can lead to very poor investment choices. “Buy & Hold” is the mantra. But the benefits or this? It’s stress-free and you have time to relax :)
Do you want to learn more and invest in your first wine portfolio? Check out our app here or book a meeting with our team here. We’re here to help!