People have been investing in wine
for centuries. With the current ups and downs of the financial world, the wine
market upholds its enormous value. In spite of earning regular yields of
10-20%+ per year and exceeding blue-chip stocks for the last 150 years, several
potential investors are not convinced that fine wine is a worthwhile
investment. Are you among those investors who think fine wine is a troubling
business? Then it’s time to set some things straight as most assumptions are baseless.
Mature wines tastes fantastic and are
more valuable
Nearly all wines made today are
aimed to be consumed within the year they’re bottled. Red wines usually last for
four years until they get rid of flavor but rose wines, with very few
exceptions, ought to be consumed within a year. You may not know this, but very
few wines will improve their taste and flavor in time.
Investing in quality wines requires a small fortune
Given the status symbol that comes along with
owning fines wines and the prices of wine bottles sold in auctions, it’s easier
to believe that this statement is true. In fact, investment grade wines are
among the most affordable investment opportunities on the market. Prices per
case don’t exceed $1,000, which is extremely affordable in contrast with the
money you need to buy property, a residence or any other similar asset.
It’s imperative to have a wine cellar
Indeed, it’s essential to store fine wines properly.
Light, atmospheric pressure, humidity and temperature ought to be controlled.
Nevertheless, you don’t have to own your own wine cellar or build one in order
to invest in fine wines. There are numerous specialized wine-storage facilities
and wine merchants that have professional establishments where you can preserve
your wine in exchange for a small fee.
Wine investment is suitable solely for wine
connoisseurs
Forget about the wine investment stereotype. This
prevents many people from taking advantage of this fantastic opportunity.
Surely, it’s helpful to know a few things about wines, but you don’t need to
have a degree or be a wine expert to invest. In spite of what most people think,
wine expertise is not a requirement to make a profit from fine wine
investments.
As a matter of fact, with a little research you can
increase profits and minimize risks, mainly if you focus on blue-chip French
red wines that are produced by Chateau (the Bordeaux region of France). Having
a specialized merchant offering you suggestions about what wines become more valuable
in time and what you should buy, will be helpful.
If you have no knowledge about wines or counterfeit wines, you should consider using an investment company.
They will assist you spend your money in the right products and will help you
make a profit in a shorter period of time. However, keep in mind that there are
fraudsters on the wine market too; thus you must be extremely careful when
choosing a representative.
Dicey speculations
No investment is 100% safe. Anyhow, more than 50
years of documented evidence show that investing in wines is a safe, long-term
venture. Fine wine prices have not been affected by the recent recession, and
they have actually done well during the economic downturns. Throughout the current
financial crisis, fine wine prices have registered a modest but steady growth.
It’s challenging to liquidate fine wines
Pure aberrations! Fine wines can be traded without
any difficulty. Now you can even sell them on the web if you want.
Chardonnay is buttery and oaky
Wines have an oaky taste because they’ve been
preserved in oak barrels, and the butteriness is from the malolactic
fermentation. Both of these choices are made by wine manufacturers, and neither
one of them is related to the Chardonnay grape. Lots of Chardonnay wines are
neither buttery nor oaky. People understand what they want to believe, and
there are so many rumors out there related to wine investments that sometimes
it’s tough to set aside fact from pure speculations.
Wine connoisseurs are advising prospective
investors to focus on engaging their audience. As long as you can get people to
buy, your investment has ample chances of success. Search for reputable wines get
informed and always be aware of the risks. Don’t pay attention to every myth on
the internet and if you’re having doubts, just ask for assistance from someone
who knows the ins and outs of exquisite wine.
Author Bio:
The article is authored by Jason Phillips. He is an
advising expert at various investment sites like wineinvestment.com.
No comments:
Post a Comment