The Money Doctor: Go for grape expectations
Can you guess how much 12 bottles of Le Pin 1982, which cost €280 the year it was released, are worth today? The answer is €111,150. That's a gain of over 39,600%.
Can you guess how much 12 bottles of Le Pin 1982, which cost €280 the year it was released, are worth today? The answer is €111,150. That's a gain of over 39,600 per cent in over 30 years. Naturally, not all wine investments perform as well - but over the short, medium and long terms, a well-chosen portfolio of wine should produce excellent returns.
During the last decade, decanter.com, an index that measures market performance, has shown average annual...
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