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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

The Long-Term Investment That Easily Beats Gold, Art, Stamps, and Wine

Over the past 118 years, stocks have crushed all competition. See how well they’ve done.
By
Nicolas Rapp
Nicolas Rapp
and
Brian O'Keefe
Brian O'Keefe
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By
Nicolas Rapp
Nicolas Rapp
and
Brian O'Keefe
Brian O'Keefe
Down Arrow Button Icon
April 26, 2018, 8:15 AM ET
By
Nicolas Rapp
Nicolas Rapp
and
Brian O'Keefe
Brian O'Keefe
Down Arrow Button Icon
By
Nicolas Rapp
Nicolas Rapp
and
Brian O'Keefe
Brian O'Keefe
Down Arrow Button Icon
April 26, 2018, 8:15 AM ET
The Long-Term Investment That Easily Beats Gold, Art, Stamps, and Wine

Few things in life are better than fine wine. That’s especially true when it comes to long-term investing. As in really long-term. According to the Credit Suisse Global Investment Returns Yearbook 2018, produced with data from the London Business School, over the past 118 years an investment in premium vino generated an average annual return of 3.7%—better than gold, real estate, art, or even stamps. The one asset class wine couldn’t beat: stocks. From Dec. 31, 1899, through Dec. 31, 2017, the authors calculate, a basket of global equities from 23 countries returned 5.2% annually. U.S. stocks alone performed even better: 6.5% per year.

This article originally appeared in the May 1, 2018 issue of Fortune.

About the Authors
Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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By Brian O'Keefe
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