Wine is for drinking, not for raking in a profit
Wine is for drinking, not for raking in a profit
Aug 20, 2011 6
Investing in wine for profit is a chancy business. I have said it here in this space a number of times, and intend to stick to my guns, even as the stock market continues in turmoil, property prices stagnate and interest rates on savings remain at an historic low.
There is, I concede, the odd exception to my rule. Wine investment can be profitable for those who have (a) money to lose and (b) a thoroughly profound knowledge not just of wine itself but of the labyrinthine business of wine trading.
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