The case for investing in fine wine and classic cars
By International Adviser, 27 Oct 16
With investors facing increasingly poor returns from traditional investments, the case for putting your money in alternative investments such as wine, classic cars, stamps and whisky is getting stronger, says Adam Benskin, executive director at international IFA firm Strabens Hall.
UK Forestry generally has been an excellent investment, as shown by the independent IPD UK Annual Forestry Index, the latest version of which can be downloaded here.
Average annual returns during the past 23 years have been 9%, which compares favourably with more mainstream asset classes, even before taking into account forestry’s significant tax advantages. Returns have been driven by both increasing timber prices and rising land values.
Alternative uses for the land, including agriculture, sporting, leisure and conservation, combined with a finite resource, are likely to see land values rise over time
Tags: Strabens Hall
