Bordeaux Fine Wines

funnyguy

'Pointing in the right direction'..Is not to your company by any chance?Doh..Just noticed the above post.

redbuzzard

There's nothing intrinsically wrong with fine wine, or say historic cars, as an investment. But

- they are unsuitable for most people, including me.

- the value is essentially driven by sentiment. You can equate a company share valuation to expected profit and/or cash flows - not certain, but you are at least not trying to put a value almost exclusively on fashion. Because wine values are sentiment or fashion driven, they are prone to bubbles (not just in the sparkling wine).

A further handicap here is the presence of the intermediating sales organisation. All they need to do to make a profit is to find buyers. Their margin is your loss.

If you are sold on the idea of wine as an investment (and money has been made, by some) then do your own research and find your own suppliers.

I have a car enthusiast friend who has made a small fortune buying, keeping, and selling historic and classic cars. A smaller fortune than he started off with, anyway

bigadaj

redbuzzard wrote: »

There's nothing intrinsically wrong with fine wine, or say historic cars, as an investment. But

- they are unsuitable for most people, including me.

- the value is essentially driven by sentiment. You can equate a company share valuation to expected profit and/or cash flows - not certain, but you are at least not trying to put a value almost exclusively on fashion. Because wine values are sentiment or fashion driven, they are prone to bubbles (not just in the sparkling wine).

A further handicap here is the presence of the intermediating sales organisation. All they need to do to make a profit is to find buyers. Their margin is your loss.

If you are sold on the idea of wine as an investment (and money has been made, by some) then do your own research and find your own suppliers.

I have a car enthusiast friend who has made a small fortune buying, keeping, and selling historic and classic cars. A smaller fortune than he started off with, anyway

And of course the worst option, driving your classic car after sampling your fines wines.

robatwork

I have some vintage snake oil - would anyone like 144 bottles?
I can guarantee a 250% profit! for me

steve.rob_2

As i said reason for joining i wanted to find out a bit more about my wine investment as I’ve heard allot of bad reviews, but the company i have used seem legit as they told me to go on to wine searcher to see the wine they recommended for me at the best price. They charged me 15% but have a private account which they paid for but my wine itself is in profit as I’ve been on wine searcher and I’ve been in contact with the live ex, so i did all my research on the company and the market before i did do anything.

Steve

rw67

My 1st post...be kind!

Re post 18, from Steve.rob I notice the exact same post on The Mirror's investigative website. Not one different word. Makes me very suspicious.

I had a client in yesterday who has made a large investment (I'm estimating 6 figures) in Bordeaux Fine Wines and supposedly making the returns they promise.....ON PAPER. They supposedly buy and sell his wine with only a 10% commission on selling profit, but I find this difficult to believe. They send him a Christmas hamper every year and invite him to London, hotel etc paid, but he's never gone. He tells me that later this year he's going to cash in at least some of his wine, I'll post what happens

srcandas

Sadly I fell for this wine investment thing. Bordeaux St Emillion.

Now all the money has gone and I just have a bad feeling:(

Still £17 easy come easy go and atleast I shared it with the wife

Seriously cannot believe how many scammers are out there (and posting here). Why aren't these people doing 20 years or lying in an alley somewhere?

Somebody must know them!!!

imho Buy shares. Buy wine. Drink wine when shares fall. Drink wine when shares rise. Be happy either way :rotfl:

s.slack

there seems to be a lot on Bordeaux fine wines lately, I am a little worried, I cant post links i'm afraid as a new user, but on jim buds recent blog from april, a mirror investigation, and a rather long thread on whocallsme.com

Azdak

AVOID THIS COMPANY.

They are thoroughly disreputable outfit. They cold call, and, yes, I got caught. Whilst I have no doubt they are a genuine company and the wine is what they say it is their technique is to overcharge you 10-15% when you purchase and then send you optimistic but fictitious updates on your stock's value. When I decided I wanted out I was told this was a very bad time and that values had dropped - in stark contrast to the valuations they had sent out which showed my stock's value rising.

But worst of all I requested, in an email, that I sell up my stock in early July. I finally got the money on November 12th and I lost about 15% of the value of my investment.

Avoid this Company

OBEM

Just wondering if anyone on here is party to the liquidation of Bordeaux Fine Wines currently being managed by David Ingram of Grant Thornton? Even though it was a scam, it seems to have been closed down as if it were a legitimate business.