06 Nov It’s time to soak up some truly liquid investments

Adventurous investors have been toasting decent returns from whisky and wine investing, but could Brexit be about to hit the profit in your plonk? Collectible whiskies have recorded annual returns of 36 per cent over the year to the end of September, according to the Icon 100 index of the most sought-after brands compiled by RareWhisky 101, the broker.

The Knight Frank Luxury Investment Index for the second quarter of 2016 shows that fine wine has returned 8 per cent over the previous 12 months, making it a top performer in so-called passion investments, alongside classic cars. Whisky and wine benefit from being “wasting assets”, so they are free from capital gains tax as long as they are not actively traded. Yet the falling pound…

Source:
http://www.thetimes.co.uk/article/its-time-to-soak-up-some-truly-liquid-investments-f38wgv8px



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