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El Pais – Investing in wine, a profitable pleasure

By January 7, 2022Press coverage

Likewise, since it has no relationship with the stock market, investing in wine is a more stable bet in the face of present and future economic instabilities. The index by which luxury wine investments are governed is the Liv-ex 1000. During the recession of 2007 and 2008, the S&P 500 sank 38.5%, while the Liv-ex 1000 had a slight decrease of a 0.6%. Also, in March 2020, a date remembered by all, the S&P 500 fell 25% while the Liv-ex 1000 only 4%.

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