Scaleogy Ltd is an umbrella company that's dedicated to luxury, lifestyle and investing have released a new article entitled 'Wine Investing vs Gold Investing'.
The article explains why precious metals are a great investment but not the only one investors should be looking at if they want to make serious returns.
Wine investing is really becoming the next 'gold rush' with huge returns being made by many savvy investors. But why is that?
Here is an example for gold. In 1833 the price of an ounce of Gold is registered at around $20 and that same nugget today is worth approximately $1670. This means that the price has gone appreciated 83 times in 180 years.
But compare this to some wines and it can really shock people. For example, a single bottle of d’Yquem from Sauternes 1787, probably sold retrospectively for $100, will today fetch over $191,000.
Scaleogy Ltd founder Ben Hulme says “Interest rates are shocking and leaving your money in the bank just isn't an option for many people anymore so we are offering many different investment opportunities to our members who are looking to make their money grow in other ways. We have some incredible investments, most of which are on a first come first served basis, so it's important to get involved before someone else beats you to it”.
Source: Digital Journal