The best investment for the decade was fine wine. A wine investment in the top French vintages has returned far more than property and even gold. The most popular labels like the Laffite Rothschild went up approximately 10-fold, while on average the fine Bordeaux Red Wine has gone up 138%, averaging about 11% each year! Think what this could have done for you!
There was nearly 138% return for anyone that has invested in fine Bordeaux red wine says the Liv-ex Fine Wine Invest able Index; responsible for tracking the prices of the fine Bordeaux wines from the top 24 châteaux’s. The Laffite Rothschild from 1982 did best this decade. They sold at £25,500 for a 12 bottle case in the last month of 2009 offering a return of 876% since they were initially purchased at £2,613 per case in 2000. Imagine the kind of return you are getting for only 10 years! The reason that there is such a price surge is a high demand and low supply. There is new money coming from China and the rest of the Far East, as they industrialize. As long as they continue going in this rhythm and continue to industrialize the prices will continue to go up. There is still time to invest.
Though investment in wine is going well these days, it does not mean that if you are interested in investing in wine you should buy the first high classed wine you spot. You have to understand that investing in wine does not only mean purchasing a case of wine and waiting, first you have to find the suitable wine to invest in.
In order for a wine to be a good investment, it needs to have potential to mature and improve. It’s value needs to have a potential to appreciate in value and merchants must have an interest in it. Search for a wine that has a strong and long record history, you are looking for something that’s history goes back not only decades but centuries. Also, you want a wine that is supported by the critics.
Make sure that you find the appropriate seller to purchase your wine investment. Speak to them about what is best and do the research in order to avoid getting scammed. Beginners in this field may find themselves scammed and at a loss of money if they did not educate themselves properly prior to making the purchase. Research the wine that you are offered, read forums, and especially critiques. Critics have the most informative results as everyone turns to them to find out what wines they want to purchase, invest in, or drink. It is essential to get the proper information and seek a trusted seller that is not only ready to sell you whatever wine they have, but be available for consultation and offer regular information about the wines and the way the market is going. wine tours from portland oregon