Fancy investing in fine wine?
Fancy investing in fine wine? Some wines have appreciated sharply in value. 1961 Chateau Latour (100 points by R. Parker) cost just £25 a case when released. It’s worth between £20,000 and £35. That’s a whopping 140000% increase, according to equitywine.com.
While at the gym today, I picked up a copy of I.S Magazine and the free publication’s feature article was on ‘where to invest your hard-earned moolah’. It was written by Jorie Phey and Yong Yung Shin. Instead of buying a few bottles of wine haphazardly, and thinking of ways to store all by yourself, just buy from a wine investment firm.
Some steps to invest in wine.
1. Buy wines like Bordeaux from France.
2. You require at least $5000 and invest for a minimum of 3-5 years.
3. You stand to get annual average returns from 8 to 14 percent. Some good wine investments returned 12-40 percent.
4. Since there is limited supply, but increasingly more people drink them, demand is high. This adds to the value of the wine as a luxury item.
- According to Universal Asset Investment, there are a few reasons to invest in wines.
- Tax Free
- World-Wide Demand
- Increasing Rarity
- Low Risk
- Decreasing Availability
- Customised Portfolios
- Easily Realisable
- Personal ownership of tangible asset
- No Annual Management Fees
Equitywine.com recommends storing the wine in Bordeaux, and then get auction houses to auction them off in order to make maximum profits.
So long as there are no natural disasters, terrorist acts or other unforeseen circumstances, the cases of wine should be rather safe, and they have insurance as well.
Well, since I don’t drink much wine, only when I’m at a fine dining restaurant. Maybe those of you who are knowledgeable in wines may like to share your comments on whether this is a worthwhile investment.
Sarah Tan - SingaporeProfit.com
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So have you invested already? Any comments?
Hi Exceptionnel, not yet. I’m now looking into buying fine wines au primer from France and not anywhere else. I’ll update when I get them.
hi sarah, do keep update on the en primeur you purchase.
I’ll like to compare the prices if you are getting the
Bordeaux 1st growth. Thanks.
I m a wine consultant. If anyone needs help, I’ll be glad to assist. No hard sales, to me it’s about sharing.
Is investing wine really secure and safe? Wat the minimum investing the wine? If invest the wine is there a monthly statement telling us how much profit we earn?
What i heard is investing in fine wine from bordeaux france is safe cos there is a insurance to it. I heard the minimum is 10k-20k depending on the vintage and which first growth you intending to buy.
how is the graph chart like? I’m new to this and would like to find out more. - jazz_rainbow@hotmail.com