Investment in Wine

realtime16

Not sure if this is the right place, however..

On television and papers i hear about vintage wine e.t.c gaining value. Instead of investing in a bank account i thought about buying a bottle of wine each month?

Then 30-40 years on hopefully the value may have increased.

I understand that i can't go out and buy a bottle of tesco own. But i wanted to know if anyone knew which wines gather value and where to find them.


Many thanks

Sideways

If you can afford them, these are the real money makers..
http://en.wikipedia.org/wiki/First_Growth

Also.-
Older Burgundy, Montrachet etc
Some US Cabs
Vintage Port (I have some of this but tend to drink it)

My advice? research, know what you are doing. Understand about buying EP.

Good luck.

SimonJ80

Good idea. If wine looses it's value you can drown your sorrows so you win either way!
Only kidding

A good start might be to see if your area has a local wine club, that would be a quick way of meeting a few experts/people with large collections who might be able to point you in the right direction.

setmefree

I'm sure someone will soon tell you exactly which one's to go for, I just heard it through the grapevine
:rotfl::rotfl::rotfl:

johng_uk

I just heard it through the grapevine

OMG - I thought I'd heard some ribticklers at work....Then I read this!!!

LOL

cheerfulcat

realtime16 wrote: »

On television and papers i hear about vintage wine e.t.c gaining value. Instead of investing in a bank account i thought about buying a bottle of wine each month?

Then 30-40 years on hopefully the value may have increased.

Hi, realtime,

I wouldn't see an " alternative " investment like wine as a substitute for saving and investing in the traditional way but I think that it could make a fun hobby.

I understand that i can't go out and buy a bottle of tesco own. But i wanted to know if anyone knew which wines gather value and where to find them.

Decanter magazine has a pretty comprehensive section on wine investment, here.

HTH

Cheerfulcat

nicko33

no liquidity problems with wine

thisismoney has a guide near the bottom of this list
http://www.thisismoney.co.uk/investing-guides

Jonbvn

Wine collecting seems like a great hobby with the spin-off of possibly monetary gain. However, digging a new cellar could be a real killer!;)

purch

It can be a lucrative Investment

I bought a case of Chateaux Petrus 1976 in 1982 for less than £ 300.00

The good news is that a single bottle of the stuff retails for at least £ 300.00 nowadays..........:T

The bad news is I don't have any of it left

(it tasted good though !!!!!!! :cool: )

daisykinn1

I work in this area, try these companies.. They are great with advice. Laithwaites Fine Wines Service, Berry Brothers & Bibendum Wines

You've missed cheap prices on the Bordeaux 05, that's where the big ££s at but you may still be able to pick up something for a reasonable price as the market is busy at the moment.

Once you've found something, check out wine-searcher. com. It lists current prices.

JDinho

There is a fund provided by Vinum and another called by Premier Cru,