It’s not just the stock market — wine prices drop 5% in October

From Liv-Ex the wine exchange:

Check out my recent interview with Lot18’s Dini Rao about investing in wine.  Prices can be pretty volatile and 2011 has been a disappointment (time for value investors to step in?).

The Liv-ex Fine Wine 100 Index – the fine wine industry’s leading benchmark – dropped 4.53 per cent to 308.03, bringing its year-to-date performance to -8.40 per cent and its year-on-year performance to -2.41 per cent.

Source: Liv-Ex Fine Wine 100 Falls 4.5% in October (Liv-ex Blog)