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How Grands Crus Can Boost Your Savings

2023-05-20T06:19:54.655Z

Highlights: The London Livex 1000 index, which tracks the value of the world's most quoted thousand wines, soared by 13% in 2022 alone. A great achievement when the CAC 40 lost nearly 10% last year. It is necessary to target exceptional areas with a potential for valorization and to exclude overrated wines. You also have to know how to sell at the right time to maximize gains. This is precisely what wine investments offer, a niche in the world of savings products, but which can have its place in a diversified portfolio.


OUR ADVICE - Investing in wine is a profitable asset.


The Grands Crus do not delight only lovers of fine dishes. They can also appeal to individuals looking for profitable savings products. And for good reason, in the wake of an ever stronger global demand, the most beautiful bottles have seen their price soar in recent years. The London Livex 1000 index, which tracks the value of the world's most quoted thousand wines, soared by 13% in 2022 alone (+ 40% over three years). A great achievement when the CAC 40 lost nearly 10% last year.

However, speculating on wine is not within everyone's reach. It is necessary to target exceptional areas with a potential for valorization and to exclude overrated wines. You also have to know how to sell at the right time to maximize gains. In short, to have a financial approach to wine. This is precisely what wine investments offer, a niche in the world of savings products, but which can have its place in a diversified portfolio. "These are savings products...

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Source: lefigaro

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