
The
market for fine wines has been around for centuries however the
introduction of online trading platforms has undoubtedly helped ensure
the sustained growth of the fine wine market.
Your first port of call once you have decided to invest is a specialist wine investment company.
You should be looking to require the following when selecting an investment company to manage your portfolio:
- Continual market updates
- Safe controlled storage for your investments
- Insurance
- Vast experience of both European and Eastern Markets
- Large selection of fine wines
- Sale of wine
The wines to be invested in are Old World Wines which are
wines grown in traditional areas of Europe such as Bordeaux with long
histories and traditions in wine making. The other is New World wines
which are wines grown in areas outside of Europe which include mainly
wine from The United States & Australia.
There is a difference in these two styles but both are equally important when it comes to building a diverse wine portfolio.
When
buying wine from a broker or company, do ask about how they plan to
make a return for you from the wine. This could be a holding strategy or
they could also look at almost flipping the wine in quantity, but
either way, it is important to find out how they plan to offer you the
return on your investment.
Good research is the key to a solid
investment; this is more the reason to employ the services of an
investment company, who with their expertise will guide you through the
whole process. Wine Investment companies are continually researching the
market rigorously; this knowledge helps them to completely understand
where the best investments are.
Enzo Giannotta runs Premier Red (PR) Fine Wines who have a simple
ethos, to ensure that they use all the tools at their disposal to the
very best of their ability. The market for Fine Wines has been around
for centuries. The turn of this century however has seen it grow into
something that many, both within the industry, and spectators alike felt
might not be achievable. http://ezinearticles.com/?Fine-Wine-Investment---Why-Investing-in-Wine-Makes-Sense&id=3748237
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