An alternative investment
There are many alternatives to wealth creation besides investing in the stock market. There are bank-bundled products, foreign currencies, land banks. And for the uber-snobbish, there is investment in fine, rare, collectible wines.
Proponents say wine investment outperforms the stock market and is recession proof.
Detractors say wine is not an investment.
Then there is this.
8 comments:
I didn't read the articles in details but I'm inclined to go with the detractors.
but well, you definitely can't keep a bottle of wine indefinitely.
wildgoose - i don't believe in wine as investment. just drink the damn thing! same way i feel about investment diamonds. just wear the damn thing.
the book billionaire's vinegar is an excellent read.
ah... one more thing to check out. =P
wildgoose - you know, the thing is diamonds are not even rare! go read The Heartless Stone.
Ok! Will check them out once they're available at the library. :p
wildgoose - i think these books will change conventional perception. even if not, they are a good read.
and whisky too. but i don't view it as an investment, not really- it gives me pleasure. but at least if i don't want to drink it, i'll be able to sell it very easily at a profit.
imp - ah yes, then there is whisky :)
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