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Wine
Investing
Investing
in anything is risky, but wine adds the fickleness of the market
place to a product that may not live up to predictions. It's almost
as if you were picking a four year-old soccer star as a pro prospect
in fifteen years. Not impossible, but extremely tricky.
For the investors
who are lucky, wine can be a good investment. The good news for
wine investors is that, at the very worst, they'll have some very
fine wine to share with friends.
Before you
spend your money on wines that are supposed to double or triple
their value in ten years time, make sure that you know the pitfalls.The
best advice for wine investors has always been don't invest
more than you can afford to drink...
Invest Drinks.org - If you are thinking of buying wine
as an investment strategy, before you get started visit Jim Budd's
drink investment site. Although most companies are trustworthy,
wine investing has its fair share of scammers and many of the
names can be found on Jim's site. He also has good advice on how
much of your investment portfolio should be "liquid"
-- not more than you can afford to drink if the investment goes
bad!
Wine
Release Dates - If you plan to invest in wine, you'll
need to keep up to date with planned releases to know who's making
what available and when. This site lists upcoming North American
wine release dates and has an email list so you can get updates
delivered.
Collecting
Vintage Port On a Plateau - A word of warning from the
Wine Spectator on the perils of investing versus collecting.
The magazine has several excellent articles about investing in
wine. Just enter investing in the search box at the top of the
article for a selection of online advice. You might want to do
secondary searches on the names of some of the cellar masters,
vintners and wineries that seem to be mentioned year after year...
Wine
Futures - The Sport of Wine - Futures are a good way to
get a very good wine for a good price. They are also a good way
to get taken. 2002 commentary by Lyn Farmer in the Wine News
that's still fresh...
Buying
Futures - Bordeaux 2003 - Wine Spectator article
backed by several pages of information on the ratings and quality
of the barreled 2003 vintage.
Also
see -> Wine
Auctions | Wine
Classes | Wine
Collecting
Wine Forums
| Wine Grapes
| Wine Ratings
| Wine Reviews
Vintages
| Vineyards
| Viticulture
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