Red wine was a great investment in the 20th century: A team of academics found that between 1900 and 2012, red wine had "annualized real returns" (which adjusts for inflation) of 4.1%. This means that red wine out performed British government bonds, fine art, and stamps which had annualized real return rates over the same time period of 1.5%, 2.4%, and 2.8% respectively. [Reuters][Photo]
Filed under:
Wine Wire
by
Khushbu Shah
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