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Investing in wine.

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  • DigForVictory
    DigForVictory Posts: 12,095 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you want to invest for serious, the major players have already been named. Even then it's a little sticky as your win has to include storage. Very few folk have commercial grade cellarage, so it's almost certainly simpler to invest for fun.

    I've a relative whose biggest profit comes from the side bets on how long a bin will last, but he'd be the first to swear up hill & down dale that that isn't investment, just fun. Having family in HMRC means we know exactly what paperwork we need and experience has taught what several of the additional costs of winebuying trips can be - there's a budget for vehicle hire excess insurance & another for life insurance, holiday, accident - as emerging form a dark cool cellar into sudden sunlight can lead to slips trips falls & yes, a broken leg. (That in the short term cost us another vehicle & driver to freight the casualty home. Insurance policies were researched PDQ after that!)

    Have the Senior consultant bring you samples?! and someone detailed to drag you away after an hour if you are concerned for your financial wellbeing. Good luck!
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