Some investors turn to wine
By 2008-12-15 16:05:19
DENVER - Wine may be the answer to your financial woes. But, this isn't about consuming it, rather investing in it.
Some wine buffs say that investing in fine wines can give you better returns than many more traditional investments, like stocks and bonds.
Since 2004, the value of some elite bottles of wine has soared more than 200 percent.
Wine experts advise that you do your homework before deciding to invest in wine.
It often requires a hefty upfront investment, but for a person armed with wine knowledge and some cash on hand, an investment strategy that includes wine may help ease your sagging portfolio.
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