Given that this is a niche with very few international labels and with a market formed especially by enthusiasts, the fact that the great wine investment has been more profitable over the years, than other assets such as gold, properties and more, is now a reality. However, as always, those who have seen which way the wind was blowing, have scored the highest earnings. Even more than those who invested in the stock market. Because in the last 15 years, according to the latest analysis of Liv-Ex, the two main indices of the world reference of the secondary market, have yielded much more than those of the main world stock exchanges.
In particular, the Liv-Ex 100 and Liv-Ex 100 grew by 213.9% and 258.2% respectively in three quarters, while Standard & Poor’s 500, which brings together the 500 largest US companies by capitalization, grew “only” by 143.9% in the same period, while Ftse 100, the most capitalized index of companies listed on the London Stock Exchange, grew by 59.2%.
Of course, as said, we talk about smaller capital size, when we talk about wine indices compared to those of world stock exchanges, but the percentage is still significant, and even in the short term, confirms the profitability of the wine investment. In the last 5 years, in fact, only the S&P 500 (+53%) has done better than Liv-Ex 1000 (+42%) and Liv-Ex 100 (+21%): the Ftse 100 has grown just 5%, the Dax (the main index of the Frankfurt Stock Exchange) 20% and the Hang Seng (Hong Kong Stock Exchange) +11%.
The data published by Liv-Ex shows that the fine wines, in the last year, were much more convenient than the Stock Exchange. In fact, the Liv-Ex 100, closed in parity, while the Liv-Ex 1000 grew by 9% (with Italy 100 at +1.6%, of which, the last update includes the last 10 vintages of Sassicaia, Solaia, Tignanello, Ornellaia, Masseto, Guado al Tasso, Barbaresco di Gaja, Redigaffi di Tua Rita, and Barolo Monfortino Riserva and Cascina Francia di Giacomo Conterno, ed), better than the stock market indices.
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