Fine
wine investments
If you are looking for an alternative to
investing in stocks and shares you may well need to look
at the possibilities of investing in the fine wine market.
Last year was one of the best years for fine
wine investments with some wines raising by over 90%.
This was one of the best years for 20 years,
but still a good wine portfolio would look at returns of
around 8 to 13% per annum.
What to look for when investing in fine wines
The annual Bordeaux en primeur tasting frenzy
is without doubt the main event on the ca lender for wine
investors. They all head for france to taste the wine prior
to it being
bottled.
When you purchase wine en primeur this means
you buy it before it is bottled while it is still in the
wine vats. If you are looking to buy wine as an investment
it pays to get professional advice. This is because only
the top one per cent of all wines produced have the ability
to
improve with age for over a decade.
If you buy wine from your local supermarket
in general terms, the more expensive a bottle, the more
it will repay ageing the bottle.
If you do buy the expensive wines at supermarkets
do not be surprised if you open them straight away that the
taste may not be as good as you expected. They will benefit
from aging.
If you are serious about wine
investments it pay to contact a specialist
company in this area, they will be able to advise you on
the options available to you.
One of the main benefits of investing in
wine is that there is no capital gains tax payable and that
you have a tan gable investment. Even if you do not make
a profit you can always drink the wine and get some pleasure
from it.
Fine wine is all about enjoyment
as well as profit
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