The ever-increasing range in options for Wine Investing
JULY, 2009
In today’s market, despite these times of crisis, there is a lot of money looking for a safe home. Given low global interest rates, depressed stock markets, and collapsing property values, fine wine is undoubtedly an interesting investment, and as the top “New World” (Chile, Argentina, Australia, South Africa, New Zealand) wines continue to improve and compete with the previously dominant Bordeaux and Burgundy wines, there are an ever-increasing range of options. As with any investment, one needs to be aware of the risks and possible traps and take qualified counsel. So here are some basic guidelines to wine investing, some rules that anyone thinking of investing in fine wine should pay close attention to:
Serious investors ....
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