Italian Wine producers in Piedmont and Tuscany can breathe a sigh of relief, as one door is left ajar on premium & Vintage French wines, another door opens wide, making investing in the fine wines of Italy an opportunity you just can't ignore.
You can thank Donald Trump and his ongoing crusade to level the playing field with trade tariffs with other countries around the world. The US has now imposed a 25% tax on bottled wines from France, Spain, Germany and Britain, under 14% abv. This will forge a broadening of the wine market in 2020 with some new winners on the horizon.
Ian Mill QC has sold off majority of his 10,000 bottle fine wine collection at Zachys, New York The QC says that he has no idea how much profit he's made since becoming a wine collector.
There are many, often confusing ways to invest in complex financial assets in today’s markets, but there are only four fundamental ways to invest successfully in wine.
Towards the end of a stock market cycle interest switches from ‘growth stocks’ to ‘value stocks’, as profitability diminishes with the onset of economic slowdown.
In simple terms, when profitability is abundant investors chase the price of profitable (growth) companies higher and higher, on the basis that profits will continue rising forever. Then when profits become harder to come by they sell them and buy companies where (usually lower but more stable) profits exist. Utilities and so on.
So, What Will The Wine Market Look Like in 2020?
According to the history books, fine wine is one of the most best performing assets of the last decade. However that doesn’t mean that the market never changes. Consumption and demand varies from country to country and emerging trends can often drive up the price of certain wines.
When a private Asian collector bid an eye-popping $558,000 for a single bottle of 1945 Romanée-Conti at Sotheby’s sale this past Saturday in New York, a world record was smashed.
Blind Wine Tasting is Fun! But you wouldn't go blind into Wine Investing without consulting Wine Experts...would you?
From time to time we get irate investors ranting on about some of their wines. What happens in the world of private investment is that people buy certain wines either because it seemed like a good idea at the time or because they were the victim of a potent sales pitch. When these punts, for that is essentially what they are, go wrong it is usually the fault of the market.
Here’s one for you. If Fine Wine is the investment opportunity it is touted to be, with the mass of graphs and charts that support its record of strong returns over a long enough time period to demonstrate consistency...
How come it is not a default asset choice for just about every investor maintaining a portfolio with an eye on growth?
