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Post by Fletchsmile on Apr 22, 2016 14:37:10 GMT 7
I've just had one of those moments when you realise you may be going about life the wrong way. I've been drinking my alcohol and investing elsewhere. Seems like I might have it the wrong way round So a question for our resident "heavy drinker" and general alcohol expert, now we've worked out how he really finances his life in Thailand. Can fine wines continue to outperform and WTF should I really be doing with my alcohol? ... ------------------------------------------------------------------------------------------------- Can fine wine returns continue to outpace major indices over the long term?Market volatility surrounding the upcoming EU referendum in June could threaten return prospects from the fine wines sector in 2016, with the fall in sterling already impacting the cost of European imports. According to Peter Shakeshaft, CEO and founder of Vin-X, a fine wine investment specialist, the UK makes up such a significant portion of fine wine purchases that the referendum could easily "impact the market as a whole", which has outperformed all major indices - as well as gold and property - over a 25-year plus period. The Liv-Ex Investables index, made up of some 200 wines from 24 of the top Bordeaux Chateaux over the last 30 years, has returned a staggering 1,474% since 1988, versus 783% for the S&P 500 and 306% for the FTSE 100. Can fine wine returns continue to outpace major indices over the long term?... www.investmentweek.co.uk/investment-week/news/2454462/can-fine-wine-returns-continue-to-outpace-major-indices?utm_medium=email&utm_campaign=IW.Daily_RL.EU.A.U&utm_source=IW.DCM.Editors_Updates |
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AyG
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Post by AyG on Apr 22, 2016 15:07:22 GMT 7
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Post by Deleted on Apr 22, 2016 15:21:08 GMT 7
Wine can be a good investment if you have the will power.
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Post by Fletchsmile on Apr 22, 2016 15:47:09 GMT 7
Wine can be a good investment if you have the will power. Tony told me that about Jamesons as well  |
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Post by Soutpeel on Apr 22, 2016 16:01:30 GMT 7
Wine can be a good investment if you have the will power. For the amount of wine I used to drink at one point, I should have had preferential shares in more than one Vineyard |
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Post by Deleted on Apr 22, 2016 17:00:09 GMT 7
My dad was a vino collector, still have vintage wines in his cellar dating back to before I was born....a long, long time ago so must be worth something.
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AyG
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Post by AyG on Apr 22, 2016 17:18:16 GMT 7
My dad was a vino collector, still have vintage wines in his cellar dating back to before I was born....a long, long time ago so must be worth something. Black Tower and Blue Nun don't actually appreciate in value, no matter how long you keep them. |
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Post by Deleted on Apr 22, 2016 17:42:17 GMT 7
My dad was a vino collector, still have vintage wines in his cellar dating back to before I was born....a long, long time ago so must be worth something. Black Tower and Blue Nun don't actually appreciate in value, no matter how long you keep them. Well what are you doing collecting that cheap vinegar then? Do you collect casks of Coolabah as well?  I have fond memories of wine tastings in the Barossa Valley and Hunter Valley, dad was a dozen to age a dozen to drink type of man. |
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AyG
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Post by AyG on Apr 22, 2016 18:14:55 GMT 7
Black Tower and Blue Nun don't actually appreciate in value, no matter how long you keep them. Well what are you doing collecting that cheap vinegar then? Do you collect casks of Coolabah as well? Oh, thanks for the tip. I hadn't heard of Coolabah wine before. Sounds like a great investment. Their website says "producing an exciting range of fine cask wines for 40 years". Must be good stuff. On a serious note, I find it interesting how some decades old, sweet Australian wines, which when made were just ordinary plonk with generic names such as "port" and "muscat", have matured into very fine specimens and command a high price. |
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Post by rgs2001uk on Apr 22, 2016 21:32:32 GMT 7
Wine can be a good investment if you have the will power. Tony told me that about Jamesons as well Every penny I spent on it was money well spent (at the time). Same can be said for Jack, Captain Morgan and Mount Gay. My mrs cant understand, she tells me I am just p**sing money away. |
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Post by rgs2001uk on Apr 22, 2016 21:34:01 GMT 7
My dad was a vino collector, still have vintage wines in his cellar dating back to before I was born....a long, long time ago so must be worth something. Probably tastes like effin vinegar, get it sold to some pretentious twat. |
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Post by rgs2001uk on Apr 22, 2016 21:37:26 GMT 7
My dad was a vino collector, still have vintage wines in his cellar dating back to before I was born....a long, long time ago so must be worth something. Black Tower and Blue Nun don't actually appreciate in value, no matter how long you keep them. Ah, I can see you are a bon viveur. Surprised you didnt mention Asti Spumante. Years ago some alternative investment type tried to persuade me to invest in single barrel malt whisky, I ignored his advice. Never mind, a sucker born every minute. |
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smokie36
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Post by smokie36 on Apr 23, 2016 2:13:57 GMT 7
Its a great idea Fletch...just be mindful to not get the boxes of wine wet and keep a knife and a pair of scissors handy for getting that last glass out at the end.
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Post by Deleted on Apr 23, 2016 5:33:00 GMT 7
Well what are you doing collecting that cheap vinegar then? Do you collect casks of Coolabah as well? Oh, thanks for the tip. I hadn't heard of Coolabah wine before. Sounds like a great investment. Their website says "producing an exciting range of fine cask wines for 40 years". Must be good stuff. On a serious note, I find it interesting how some decades old, sweet Australian wines, which when made were just ordinary plonk with generic names such as "port" and "muscat", have matured into very fine specimens and command a high price.Ah yes, Australian wimmen, so true.  |
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smokie36
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Post by smokie36 on Apr 23, 2016 12:54:56 GMT 7
You can find some very fine whines over on the other side....check out their pub for details.
I would only recommend staying for the one mind.
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