Leave it to the practical minded Brits to come up with this one. According to a new United Kingdom law, a portion of an individuals retirement savings can now be invested in fine wine. Not only that, but adding a case of your favorite vintage Bordeaux will come with a 40% tax savings on any gains when the wine is sold.
My favorite quote from the article: “converting a case of Latour 1961, say, from a pension asset to a wine to drink may well be complicated.”
Investing in wine is something I’ve toyed with, not as a way to make serious money, but as an educational experience, how fun would it be to save for retirement that way!
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