WineCanine

Investors might want to consider trading their blue chips for red wines.

According to London-based Wine Asset Managers, over the past seven years the average annualized return on an investment in fine wines would have been 16 percent.

To put it another way, $50,000 invested in fine wines seven years ago would now be worth $120,000, while the same amount invested in the FTSE 100 (the Financial Times Stock Exchange index) would now be worth $61,000. That 16 percent also beats the five-year 9.2 percent return for the S&P 500 Index.

Fine wine is predicted to continue to be a good investment, as demand is driven in part by the emerging economies of China and India, as well as that of Russia.