Cathal McBride: Put your money where your mouth is by investing in wine
There’s no need to splash the cash on a Mouton Rothschild to build a solid portfolio – just keep an eye out for quality and invest when you can
Wine is not just a bringer of pleasure. It can also be a tangible asset that you acquire in the hope of making a handsome profit. While investing in wine is a slow waiting game, it’s also generally low risk, with annual returns averaging around 13 per cent.
Factors such as vintage quality, desirable vineyards, ageing potential and storage options all factor into the choice of what bottles to buy. Like any portfolio, diversity is ...