With the number of different investment vehicles on the rise, some investors are raising a glass to wine, a tasty "liquid" asset.
Some consider wine to be a promising investment that has been steadily increasing in value since the introduction of the Wine Spectator Auction Index, which tracks average sales of top Bordeaux wines and other varietals through the United States' top commercial auction houses. In the first quarter of 2011, the index showed wine sales at an all-time high. However, sales dipped more than 13 points in the second quarter of the year.
Some consider wine to be a promising investment that has been steadily increasing in value since the introduction of the Wine Spectator Auction Index, which tracks average sales of top Bordeaux wines and other varietals through the United States' top commercial auction houses. In the first quarter of 2011, the index showed wine sales at an all-time high. However, sales dipped more than 13 points in the second quarter of the year.