Investing in fine wines.
We all konw the various investment opportunities on the financial market or in real estate and you may have invested your money in the past in this markets with different products and intruments more or less speculative and aggressive.
In the last years we all realized how these investents may be litterally devastating and unpredictable and many may have experienced very high losses that could not be foreseen by anybody. No one could, for example, figure out a contractions in the prices of a secure shelter such as the famous “brick”.
Never like at this season of instability and insability of financial markets and real estate, has been necessary finding an alternative investment not depend on the economic data.
Video from “CNBC News”:
Excerpt from “Il Giornale”:
… more useful to invest in quality bottles than gold … luxury brand names over 200 percent. And the Masseto is re-evaluated by over 450 percent …” (Mediobanca).
It could seem a joke but it is not. In times of crisis, very serious researches ensure that wine becomes an excellent shelter product; whereas once upon a time, gold and/or the “brick” were taken into consideration. A perfect ‘parachute’ to secure savings, even when oil plunges. In the meantime, the ‘black gold’ of our days rests calmly in oak barrels and casks.
The downturn of international markets has affected the quotations of inferior quality wines, whilst the high quality ones have reared up. The Liv-ex index, which contains the world’s hundred most prestigious labels, have risen an average annual rate of 12.9%, whereas gold has risen by 13% and the USA property index of 4.8%, limiting losses even in the last months of collapse. In addition, worldwide listed companies producing wine that make-up this sector, the Mediobanca index rose by 60%, compared with the results of the decline of the world stock markets, for the same period, 17. [...]