Investing in Fine Wines

Wine industry experts believe that the best investors can expect returns of up to 30 percent a year from some fine bottles. Data between 2000 and 2010 actually shows that some of the famous vintages quadrupled in value during this period, giving their collectors a high return on investment. But of course, likes shares of stocks, wines can fall in value too. This particularly happens when demand declines, and when wine scam is uncontrolled. Given this, if you are looking to invest in this beverage, you have to be careful.

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It is important that you get a hold of the best wines from the top vintages. Just as your first stock market investments are likely to be the FTSE 100 companies, your first wine investments should also be the finest bottles. This is mainly because the best vinos have been proven to offer the highest return on investment historically. And as a matter of fact, they are considered as tangible assets. They are often thought of as more useful than gold and easy to enjoy than art that many people would aspire to own and consume them. So, when investing in wine, choose those brands that have a track record for bottling the most outstanding produce.

In addition, if you are really serious about making money from this drink, you have to rent a storage space to keep your collections "in bond." This will require you to pay an annual storage fee of about 7 pound to 15 pound per case. However, doing so will also save you about 13 pounds on import fee, as well as spare you from paying a 17.5 percent VAT on the purchase price. Hence, unless you want to stroke your wines every night, store them in bond.