Wine and spirits auction sales exceeded $118 million at Sotheby’s Wines, up 20 percent over the last year and a record high, revealing a healthy appetite among investors.
In times of uncertainty and distressed markets, diversifying your investment portfolio reduces your risk - allocating investments among various financial instruments, industries, and other categories means you're not over exposed to any one asset.
To understand which wines have historically produced consistent and competitive growth you need look no further than the Bordeaux Big 8.
These eight finest Chateaux in Bordeaux are emblems of exceptional quality wine making and their wines tend to command the highest prices on the global wine market. They 'slow release' their vintages to manipulate supply and then drive demand. The Plateau of maturity is usually 8-30 years however spectacular vintages can be drunk 60/70 years old.
One of the best pieces of advice you can stick to as a wine investor is to buy the best that you can afford and they don't come any better than the Bordeaux Big 8. So let's take a look at them!
When you've invested thousands of pounds in a case of wine that you're hoping will appreciate in value, it's of paramount importance that your wine is kept in optimum storage conditions. We choose to store all of our wine at EHD London No.1 Bond.
Some of the most lucrative investments increase their value with age, and vintage fine wine is no exception to the rule.
A survey by Barclays Wealth and Investment Management as detailed in the Telegraph article 5 Fine Wines that beat the FTSE'
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.