While the world market rumble and tumble, wine seems to be getting all the better. So if you’re looking for a place to put that hard earned investment cash, wine just might be a good bet (click here for the full article):
With the stock market as volatile as it is, more and more people are finding that investing in items is preferable to investing in companies. The primary commodities investors look for are art and wine – and those two are doing quite well while many other investments are failing around them.
While world stock markets have foundered, Liv-Ex, the London-based wine exchange, has seen a 40 per cent increase in its index this year.
“More and more people are looking at wine as an asset class, discovering it is uncorrelated to bonds and equities,” said Andrew della Casa, a director at the London-based Wine Investment Fund.
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