Wine Investment is on the up
From it’s nadir in 2012, wine investments have steadily increased in value. It’s not been even all round – traditional Bordeaux wines have been patchy but the increases from the rest of the world – particularly Burgundy. led by the Domaine de la Romanée Conti – have been very encouraging.
Here is the latest report from Liv-Ex. http://www.insights.liv-ex.com/2017/07/liv-ex-1000-gains-1-1-june-led-rest-world-50.html?mc_cid=08d8f03123&mc_eid=292cc64c44
As usual – a note of caution – if you want to invest in wine (a) don’t put more than 5% of your wealth into it. Prices can go down as well as up and if you are dealing with some of the more unscrupulous dealers, do remember that there are some hefty upfront charges. And (b) always deal with people you know or have been recommended to you by people you can trust.
For a list of bad boys, (and there are plenty of them) our Jim Budd keeps a tag on those at http://investdrinks-blog.blogspot.co.uk/p/i-wouldnt-buy-wine-from-these-companies.html. He also recommends a short list of good ones too on the Home page of http://investdrinks-blog.blogspot.co.uk/