Barclays on savers who invest in wine for higher returns

Barclays has published an article featuring case studies from a number of investors seeking stronger returns in the current low-interest rate environment.

The author points to the fact that the Bank of England reduced interest rates to 0.5 per cent six years ago, and with rate rises not expected in the short term some investors have invested in property, shares and alternative assets such as fine wine in the hope of generating a return.  

Barclays, of course, point to the fact that such investments may be more risky than holding your cash in a deposit account, nor are they short term investments guiding the reader to expect to hold such assets for at least five years. They stress the importance of working with a reputable specialist and one registered with the Wine Investment Association (WIA).

Vin-X is a founding member of the WIA, for more information on investing in fine wine please contact us now on 0203 384 2262, email us on info@vin-x.com and download your FREE GUIDE TO WINE INVESTMENT and Market Report comparing the performance of fine wine versus Property, Equities and Gold.

To read the article in full including the tax treatment of wine both in terms of Capital Gains Tax (CGT) and Inheritance Tax click http://www.barclays.co.uk/savers-reveal-alternative-investments