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salsabil5
24 Nov 09 13:02
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Date Joined: 20 Oct 00
| Topic/replies: 1,451 | Blogger: salsabil5's blog
Heard on the radio this morning wine is a good investment at present ( bit like gold)...anyone have knowledge on this and any pitfalls?

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Replies: 14
By:
private piles
When: 24 Nov 09 13:06
i work for a wine company would be willing to giveu a free consultation.
u can purchase straight from me at bargain prices.
they are the finest wines possible.
By:
everythings gone green
When: 24 Nov 09 13:09
I want the finest wines available to humanity.

I want them here and I want them now.
By:
salsabil5
When: 24 Nov 09 13:09
How does it work though....do you actually keep the wine indoors or is it some kind of bonding scheme
By:
private piles
When: 24 Nov 09 13:09
with regards intestment opportunity wine has always been seen as a good investment.
only come to fruition because of the upturn in gold ect.
deffo a long term investment though.
By:
private piles
When: 24 Nov 09 13:11
depends on the wine itself,
for instance the wine i deal in can range from a £6 bottle right upto £1000-£1500
the higher one is mainly kept indoors for obvious reasons at the right temp
By:
salsabil5
When: 24 Nov 09 13:13
mmm...think i might be tempted to drink my investment :)..hic
By:
private piles
When: 24 Nov 09 13:13
u purchase the wine for say a said amount.
with details of various establishments ie company's if u decide to sell on in the future for a tidy sum.
the value of your wine is provided in certificate form upon purchase.
By:
salsabil5
When: 24 Nov 09 13:15
Private...if i give you 25k how much will you give me back..say in 5 years...worse ways
By:
private piles
When: 24 Nov 09 13:18
5 years is not really a sufficiant ammount of time to make a hefty profit.
at worst its likely you would still have your £25k investment.
but obviously with any investment there is risk..small loss of say 5%at worse.
depending on purchase sales at the time.
By:
salsabil5
When: 24 Nov 09 13:22
thanks for the info p/p..off to work now..will give it some thought
By:
dk1986
When: 24 Nov 09 13:27
Does anyone remember the ephemeral TV programme whereon members of the public had to put their money into the hands of only one of three different people, in different fields, to see who could turn their investment into the highest amount? It was presented by Duncan Bannatyne.

I'm sure one couple put their money into wine, and it proved to be the best option of the three. :)
By:
redrich
When: 24 Nov 09 13:32
Surely the most simple way is to buy all those wines on offer, say the half price Tesco ones.

When the promotion ends the value of the wine you have bought will double.
By:
Coachbuster
When: 24 Nov 09 13:35
i've invested a fair bit in wine over the years .

worse things to spend your money on imo
By:
pixie
When: 24 Nov 09 13:39
Bonding schemes can often be scams, operating in the same way as Maydorf, ie there may be just one case of valuable wine that gets booted from person to person when they want to see their 'investment'.
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