We are often in search of such options for investment which can give good returns in a limited time with low risk. Today we are going to tell you about one such option, by investing in which you can earn good money with very little risk. Like the stock market, there is no possibility of reducing the invested amount in this. We’re talking about investing in vintage wine bottles. This method has been in vogue for a long time, especially in western countries.
The older the wine, the higher its value. For this reason, many people consider wine as an asset and sell old wine bottles at a higher price when they find a buyer.
According to the report of news agency IANS, a wine investor usually earns 10-15 per cent returns every year, but it has been observed that some rare bottles can get returns of up to 200 per cent in a year. The biggest advantage of investing in wine is that the risk involved is negligible. In most of the cases, the damage is due to breakage of the bottle.
In the 2008 recession in the US, the S&P 500 fell 38.5 percent while the Liv-X 1000 for wine fell just 0.6 percent, according to the Liv-X 1000, a worldwide vintage wine price index. At the same time, when the pandemic started in March 2020, the S&P 500 fell 25 per cent while the Liv-X 1000 exchange fell only 4 per cent.
Keep these things in mind while investing: There are a few things to keep in mind while investing in a wine. Only those bottles should be bought, which are in demand in the market. The wine can be sold at auction or to a vintage wine collector. The older the wine, the more buyers it will have. Along with this, the wine should also be from a good winemaker. Traditionally, investors in Italy consider the Bordeaux region, Burgundy, the Rhone Valley and Tuscany to be highly respected winemakers.