Thursday, March 8, 2012

Investing In Wine


How To Invest In Wine -- The Telegraph

Unlike other luxury items, such as Rolex watches or Aston Martin cars, the supply of fine wine is fixed.

Wine is a unique asset. Unlike other luxury items, such as Rolex watches or Aston Martin cars, the supply of fine wine is fixed. If demand for a Rolex or Aston Martin increases, more can be made, but fine wines have a set production number - once the grapes are picked, no more vines can be planted, and geographical regions are controlled by law.

Fine, investment-grade wine, is considered to be only the top 50 to 100 traded wines, although some go further and specify that only those from chateaus in the Bordeaux region qualify.

Either way, wine production is controlled and cannot be increased by demand.

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My Comment: A confession on my part .... I tried investing in wine and scotch .... alas .... it's hard to keep a fine collection of wine and hard spirits just sitting there.

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