Fine wine tipped to be safe investment following Brexit decision

Fine wine tipped to be safe investment following Brexit decision

Investors looking for a safe bet following Britain’s decision to leave the EU are being told that fine wine could be the way to go. This week has seen the pound sterling drop to a 31-year low and that is set to make wine in cheaper in foreign currencies and stimulate demand from overseas, according to City A.M. And because of that, fine wine is expected to rise as it has definitive characteristics that tend to see it perform well when the pound is down.

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