Is Now the Time to Invest in Fine Wine?
Is Now the Time to Invest in Fine Wine?
Mar 2, 2012
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(CNBC) - 2012 is the best time to invest in fine wine since 2009, according to wine broker Vin-X’s Jeremy Peacock.“We’ve just come off the back of a correction, the third in 25 years, making the market very stable. But like anything, when you have a correction prices are going to drop, it becomes a buyers’ market again… Quite simply, it’s the best time to buy into this market since 2009,” said Peacock.
According to the Live-Ex Fine Wine 100 index, the benchmark indicator for wine investment
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