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Wine as an investment goal

Author

Listed:
  • Peter Starchon

    (Comenius University in Bratislava, Slovakia)

  • Manuel Vilar dos Santos

    (CSJ Ltd, Portugal)

  • Darina Saxunova

    (Comenius University in Bratislava, Slovakia)

  • Jana Kajanova

    (Comenius University in Bratislava, Slovakia)

Abstract

Fine wine could be an interesting offer for investors. It could represent a stable and reliable alternative for investment growth over the mid to long-term period, as perceived by investor specialists. The sale of fine wine is noticeable. Many wine collectors and investors particularly notice it. We may demonstrate the example of Cult & Boutique’s performance, which was £23 million in sales of fine wine recently. The research object of this scientific paper is wine as an interesting investment product. This scientific study aims to examine the performance of the global fine wine markets and analyze their performance. As fine wine grows older and rarer, it is expected to grow in value. This is the premise of fine wine investment, which advises buying wine when it's young and then selling it once it's more valuable. The possibility is that wine, a complex drink that attracts many people, could earn a substantial investment return; therefore, it appeals to many wine investments. The results will come from mapping the situation in this wine market and recommendations for the potential investment portfolio.

Suggested Citation

  • Peter Starchon & Manuel Vilar dos Santos & Darina Saxunova & Jana Kajanova, 2024. "Wine as an investment goal," ABEM Conference Proceedings, Academy of Business and Emerging Markets (ABEM), Canada, number 023489, July.
  • Handle: RePEc:ris:abemcp:023489
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