FINE WINE . . . A SOUND INVESTMENT

Looking for something to invest your dollars in? How about vino? The fine wine category has been the best performer of all major investment assets since 1988, according to research published by wine investment company Vin-X. The report underlines how fine wine investment has been the best overall performer when total growth across major asset classes since 1988 is considered. In that time, it has appreciated 1474%, nearly twice as much as its nearest rival, the Dow Jones (up 783%). The S&P comes in third with 744% and Property fourth with 312%. Although on a roll since the very late 199Os, the average price of a house in the UK only rose by 17% in that decade. Gold was up just 162%. Despite its rampaging bull run from 2OOO to 2O11, gold suffered from a major bear run from 198O to 2OOO. Although fine wine is coming out of a difficult time since 2O11, it has experienced only three five-year negative holds in the period in question, with no negative ten-year holds.