|
Mahesh Kumar in his detailed book ‘Wine Investment for Portfolio Diversification’ calculated the following:
- In the 20 year period between 1983 and 2003, his ‘Fine Wine Index’ went up 11.4%/annum, the Dow 10.3%/annum, and the FTSE 7.6%/annum.
The rate of return on wine is subject to global markets, and great vintages creating demand. Therefore it is less correlated to the US market. In the period from 1999 to 2002 when the US market fell significantly, the wine rate of return increased. As a way to diversify a portfolio, wine is a good choice. |
|
|
|
_r2_c2.jpg)
_r11_c2.jpg){kind=small}
_r11_c14.jpg){kind=small}