Should I invest in wine?

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jamoor

Original Poster:

14,506 posts

216 months

Sunday 15th February 2009
quotequote all
I don't drink, so that's a start, is it worth me buying a few cases of wine and leaving them in my garage to fester for as long as I can?

Is there any conditions that need to be applied? Which wines should I buy and hopefully make a big profit on a couple of decades later?


jamoor

Original Poster:

14,506 posts

216 months

Sunday 15th February 2009
quotequote all
Bing o said:
jamoor said:
I don't drink, so that's a start, is it worth me buying a few cases of wine and leaving them in my garage to fester for as long as I can?

Is there any conditions that need to be applied? Which wines should I buy and hopefully make a big profit on a couple of decades later?
Far better people than me will tell you what you need to do.

If it's an investment, you need to make sure that it's stored properly.

My mate uses a company in Hampshire that has it's own cellar.
Using a company means it costs money.

How do you sell wine, it's not as though you can just put it on ebay ?

jamoor

Original Poster:

14,506 posts

216 months

Sunday 15th February 2009
quotequote all
Bing o said:
jamoor said:
Bing o said:
jamoor said:
I don't drink, so that's a start, is it worth me buying a few cases of wine and leaving them in my garage to fester for as long as I can?

Is there any conditions that need to be applied? Which wines should I buy and hopefully make a big profit on a couple of decades later?
Far better people than me will tell you what you need to do.

If it's an investment, you need to make sure that it's stored properly.

My mate uses a company in Hampshire that has it's own cellar.
Using a company means it costs money.

How do you sell wine, it's not as though you can just put it on ebay ?
The company my mate uses can organise this, or you build up a relationship with local restaurants.

Yes it costs, but not as much as fking up some good quality wine in your garage.
Maybe, but if you sell it sold as seen, then there's a chance of getting away with it tongue out

jamoor

Original Poster:

14,506 posts

216 months

Sunday 15th February 2009
quotequote all
sidicks said:
I would recommened using a specialist firm to help advise on which wines to buy - simply buying any wines and sticking them in the garage for 20 years is unlikely to turn a profit.
Exactly what I want to do, but clearly it won't work.

I don't want to spend any money on it bar the cost of the wine.

jamoor

Original Poster:

14,506 posts

216 months

Tuesday 17th February 2009
quotequote all
To be honest I was just hoping to pop down to sainsburys, buy a few cases for <£100 and shove them in a garage, clearly I have been mistake hehe