Love Champagne? Hate the FTSE? Then invest in Champagne my fellow toffs!
Frederick Jordan our FA introduced us to the London based Liv-ex Champagne 25 Index a few years ago. They track the price of 25 of the world’s most sought-after Champagnes.
Those 25 champagnes rose by 27 per cent in the 12 months ending in June. That’s in comparison to a 8% jump in fine Bordeaux and the ghastly 14.8 per cent drop in the FTSE 100 during that very same period.
This drastic rise in value is related to not only the fast pace in which fine vintages are drunk but the bling factor. Champagne is loved by the worlds glamorous football wives, Russian billionaires and celebrities across the globe.
It’s also being fuelled by the huge rise in sales in Asia.
So ladies and gents sell up those FTSE shares and invest in our favourite tipple.
Disclaimer: we don’t offer financial advice so if it all goes wrong you only have yourself (or Frederick in our case) to blame!
Tags: champagne investment, investing in champagne