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Title: Wine Investment Post by: triplesec on June 05, 2007, 04:28:33 AM Hi,
I have read some articles on wine investment and understand that the return can reach around 15% or more per annum. As I know, there are some wine merchants around who helps investors manage their wine portfolio. Anybody with experience in wine investment to share? Cheers :-D Title: Re: Wine Investment Post by: jag82 on June 06, 2007, 04:04:25 PM Hi triplesec,
Wine investment can actually be a good investment vehicle. This is especially so if you are holding on to wine that has been aged for some time. I know of some wine investors who reap a tidy sum from this. It is not without it's cons though. They are namely, 1. This kind of investment is extremely illiquid. It is not like stock where you can find buyers easily. Say you are in urgent need of cash, you will not be able to sell them off quickly as you may have liked. 2. You will need to rent a storage space if I'm not wrong. 3. There is a chance of bottle breakage, though I think that will be covered by insurance. Despite these, I think that wine investment is pretty viable, but probably not for me at the moment, since this is out of my circle of competence. Jag Title: Re: Wine Investment Post by: LaTache on September 05, 2007, 10:52:04 PM Definitely worth investing as the prices for fine wines are always increasing... I have been in the wine industry for many years... As far as i like to drink them, I believe they are good for investments as well. Low risk high returns. You need to invest carefully with some very unique conditions. These conditions are very important factors to Wine Investments which many people tend to overlook them or are not well inform about it.
Title: Re: Wine Investment Post by: Tommy on September 07, 2007, 03:51:29 PM LaTache, I am doing some research on the rate of return for investing in wine. Can you help me with the data gathering process?
Is there any compilation of general wine prices? Or any close substitute? If wine is a good investment, the general price level should have an upward bias that is greater than the risk free rate. It would be very helpful if historical prices can be obtained! Title: Re: Wine Investment Post by: LaTache on September 09, 2007, 12:35:37 AM Sounds like a good idea. Tell me more about it. Maybe we can have a discussion about it.
Cheers!!! Title: Re: Wine Investment Post by: Tommy on September 09, 2007, 02:54:21 AM Sounds like a good idea. Tell me more about it. Maybe we can have a discussion about it. Cheers!!! Great! The best way to tell if wines are good investment in general is to tabulate the rate of return to holding wine. To do that, i will need the prices of wines a period of 5 years or more. Do you have access to any such information? Title: Re: Wine Investment Post by: enxiii on September 24, 2007, 03:36:02 AM Hi All,
Am new at this forum, and am a wine investor. My first investment was in Year 2005, when wine investment first arrived. As my initial batches were wine with short holding period of 18 months, i've seen my returns and thus, have got my guts to invest more. It is also very important to have a good broker manage your assets. I've had my fair share of brokers who leave their company faster than my wine can arrive, and am tired of the high turnover. This has forced me to choose another brokerage firm, and have specifically requested for the Director/ Head of investments to manage my account. Storage & insurance are usually included in the investment packages. Another thing i've learnt (being blessed with the haggling ability of a woman :) ), is that brokerage firms will factor a certain percentage of their broker's commission into the investment amount. So that leaves me some space to bargain downwards. Title: Re: Wine Investment Post by: Lyemingkhai on September 03, 2008, 05:15:51 AM Hi i am a fine wine broker from universal asset group. Recently our company came out a VERY GOOD promo called the pay out system. This promo will only stay for month of Sep. All investor will get back a profit of 12% for a year of how much you invest and this only allow you to invest only for 1 year [better than putting your money into your Fixed
Deposit right :D]. If you or anyone of you want to know more about this, feel free to contract me at 93661577 or email me your question to lyemingkhai@yahoo.com.sg
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