WINE

MillionaireAsia India - - Wealth Management -

Vin­ery; Vin­tage; Rar­ity; Crit­i­cal ac­claim

PROS: Can start in­vest­ing with a small cor­pus; sec­ond fastest ap­pre­ci­at­ing as­set; be­comes bet­ter as it ages; eval­u­a­tion of the prod­uct in­de­pen­dent of mar­kets; have re­tained their class and rise in ap­peal; con­sump­tion can en­hance so­cial stand­ing; no tax for bonded wines

CONS: Only a small per­cent­age sees value ap­pre­ci­a­tion; temptation to con­sume; need care in stor­age; long wait be­fore the vin­tage be­comes de­sir­able; pos­si­bil­ity of a slump

% IN­CREASE IN VALUE

1 year : 7 5 years : 38 10 years : 234 (as per KFLII)

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