When All Is Gloom, Head for the Drink ; If You Can Resist the Temptation to Drown Your Sorrows, a Bottle of Fine Wine Could Prove a Better Bet Than Sharesth[Pounds] Banking Cri$I$
Mail on Sunday › October 12, 2008
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Summary
CRASHING stock markets, collapsing house prices, bankrupt banks - it's enough to drive you to drink. And that is what many investors are doing as they look for alternative ways to make money in these difficult times.
According to the Liv-ex 100 Fine Wine index, returns from fine wine are almost ten per cent for the year so far.See the full content of this document
Extract
When All Is Gloom, Head for the Drink ; If You Can Resist the Temptation to Drown Your Sorrows, a Bottle of Fine Wine Could Prove a Better Bet Than Sharesth[Pounds] Banking Cri$I$
'We have had a significant increase in interest from potential investors in recent months, perhaps due to the uncertainty in other investment markets,' says Rob Chase, fine wine manager at Adnams, the brewer and fine wine trader.
'Demand for the highest quality wines remains strong and I see no reason, even in a time of global economic downturn, for that to go away. If investors do their research, take advice and purchase well, ther...See the full content of this document
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