Wine as an investment goal

Peter Starchon, Manuel Vilar dos Santos, Darina Saxunova and Jana Kajanova
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Peter Starchon: Comenius University in Bratislava, Slovakia
Manuel Vilar dos Santos: CSJ Ltd, Portugal
Darina Saxunova: Comenius University in Bratislava, Slovakia
Jana Kajanova: Comenius University in Bratislava, Slovakia

in ABEM Conference Proceedings from Academy of Business and Emerging Markets (ABEM), Canada, currently edited by Satyendra Singh

Abstract: Fine wine could be an interesting offer for investors. It could represent a stable and reliable alternative for investment growth over the mid to long-term period, as perceived by investor specialists. The sale of fine wine is noticeable. Many wine collectors and investors particularly notice it. We may demonstrate the example of Cult & Boutique’s performance, which was £23 million in sales of fine wine recently. The research object of this scientific paper is wine as an interesting investment product. This scientific study aims to examine the performance of the global fine wine markets and analyze their performance. As fine wine grows older and rarer, it is expected to grow in value. This is the premise of fine wine investment, which advises buying wine when it's young and then selling it once it's more valuable. The possibility is that wine, a complex drink that attracts many people, could earn a substantial investment return; therefore, it appeals to many wine investments. The results will come from mapping the situation in this wine market and recommendations for the potential investment portfolio.

Keywords: Wine; investment; goal (search for similar items in EconPapers)
Date: 2024
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