What is the Liv Ex?
There are many advantages to a fine wine investment. Perhaps the biggest that investors look to is that any profits made under 250,000pounds are free from capital gains tax. This means that if you plan you investment right, staying within these boundaries, the delightful tax man will not take a share. Secondly you are actually investing in a physical asset, which unlike stocks and shares actually exists. This is completely different as it in itself has values, as apposed to sticks and share which are just a piece of paper. Like with other investments you can use a dealer to advise you and buy and sell the wine.
Prices of your wine investment can be closely followed on the wines equivalent to the FTSE – the Liv Ex. Here the top fines wine investments are listed with their prices and change in value over time. This live price guide can be used but not only hard investors and dealers, but also the wine enthusiasts that enjoy seeing the value of their cellar rise in time.
You need to make sure you look after you wine investment carefully like with anything else valuable. The wines need to be kept in the right light and temperature levels, otherwise the investment is likely to spoil and then it would be no good to anyone.
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