When wine satisfies the palate AND provides a healthy financial return
Wine lovers come in many shapes and sizes and with a multitude of taste preferences, including those who may not let is pass their lips, but see it as an investment.
Whether you count yourself as a connoisseur or are happy with the a glass of Chateau plonk like the star of a much loved TV series, you will likely be aware that some of the finest product of the grape comes from the Bordeaux region of France.
Perhaps the best known is the famed Chateau Lafite which, according to the Guinnness book of records has produced the most expensive bottle of wine ever auctioned, a 1787 vintage (two year’s before the French Revolution) which went at Christies in London for $160,000.
While auctioneer’s are banging the gavel for the big time purchasers of single bottles there is a growing army of canny investors who keep a steady eye on wine prices and have realized that wine, particularly from Bordeaux can show a handsome, often spectacular return on investment.
Wearied of the repeated instability of the stock market, they have turned to wine as a secure investment, producing returns of over 10 percent a year and sometimes up to about 100 percent in five years.
If that sounds too good to be true, you can check it out on the Fine Wine Exchange. Since the early 1980’s an investment in quality wines has outperformed stocks, bonds and commodities and without some of the hair raising volatility that has plagued the markets. Eighty percent of investors repeat their purchase on maturity.
How does it work?
When a chosen wine is ready for auction to purchasers the world over people like the Wine Investment Fund make their buys from the top percentages by volume of fine Bordeaux wines. Supply is limited because of the fixed borders of each chateaux.
The purchases are then sent to climate controlled bonded warehouses in England where they sit for five years demonstrating the law of supply and demand. The stocks increase in value as the world supply of existing wines decreases, because it graces the tables of restaurants and homes of those with discerning palates. The wines are insured at fair market value, to protect investors against unforeseen disasters.
Investors can see how their purchase is doing by following its progress on the Fine Wine Exchange until it reaches the five year maturity level with a track record of a return of 80-100 percent. The minimum investment is $15,000.
Panama will get its first exposure to the Wine Investment Fund when it’s Founder and Director, Rodney Birrell arrives in town for a series of seminars and private presentations October 3 through 5.
The open seminars will be at:
October 3: Di Vino in Casco Viejo at 12 noon and 6 pm.
October 4: Pangea Restaurant, 6.30 and 8.00 pm.
Oct 5: Di Vino 12 noon. Felippe Motta, Marbella 6.00 pm.
If you want to attend an event you can register at www.thewineinvestmentfund.com
There are also some corporate presentations, but there are still a few opportunites for a private or group presentation