Thursday 9 May 2013

Fine Wine Investment - Why Investing in Wine Makes Sense

This isn't to say that everyone should rush out and stock pile wine but for those who are willing to dedicate time and effort into choosing careful investments, the returns can be substantial.
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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