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Forums > 100% Wine Related Discussions - No Exceptions > Everything About Wine

Need Some Help Please!

Last Post 02-19-2008 08:29 PM bykpak. 8 Replies.

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montreal_kid

Grape Picker

Posts: 3

02-08-2008 01:23 AM
before i ask my question ill first let you know that i am 18 and recently started working in a 1st class restaurant which has a huge selection of wine from 20$ up past 2000$....i was talking with the owner about wines etc so i asked him what was his most expensive wine he says well i bought a case of wine almost 20 years ago for almost nothing and is worth 2000$'s a bottle now. which leads me to the question to you wine experts on the forum ...What would you succgest i buy right now that would be a good investment 20 or so years from now. could be a wine a porto etc. since im not a wine drinker i figured it wouldnt hurt to keep a case of wine on the side for a long period of time! PS. it doesnt have to be something cheap but something that i know will gain in value over the years. thanks in advance Richy

dinwiddie

Barrel Sampler

Posts: 2192

02-08-2008 08:01 AM
Wine can be a very tricky investment. It is not likely that any wine that you can buy now for under $50 is going to be worth $2000 in 20 years. The wines that will appreciate the most are wines that are already expensive and hard to purchase unless you can invest a lot up front or are on some closed wine allocation lists. You would be better off investing in mutual funds for the most part. That said, the wines that will appreciate the most are probably the 1st growth Bordeauxs or some of the top Burgandies. There are some others, but again, it is a crap shoot as to which will increase in value that much.

tanglenet

Oakland, California

Wine Bottler

Posts: 3264

02-08-2008 10:42 AM
1. Wine is a lousy investment. 2. In gvfbbbbbbbbbbbtr45f It appears my cat typed the above.

TN posted on Cellartracker" I drink no more than a sponge." François Rabelais

Daniel Bailey

Barrel Filler

Posts: 1476

02-08-2008 01:05 PM
Investing in wine is rewarding from both a monetary and hedonistic standpoint. However if you don't have proper storage there's no point in buying wine destined for long term cellaring. If you don't have that then invest in something else ("wine (for current drinking), women, and song" would be my suggestion since you are 18).

montreal_kid

Grape Picker

Posts: 3

02-08-2008 01:13 PM
hehe i was just checking it out and of course i wouldnt leave it in a closet for 20 years ahah i know how to store wine long term. it would be for fun im not scared to lose money i already have a lot of money invested in a wide variety of places!

David Niederauer

Los Gatos, CA
Master Sommelier

Posts: 15756

02-15-2008 09:58 PM
2005 Chateau d'Yquem It takes money to make money!

kpak

Alaska

Wine Bottler

Posts: 3021

02-16-2008 02:23 PM
I have trouble thinking of wine as anything other than an investment in my future enjoyment. If my heirs can sell and make $$ from what's left, that would be nice. (Though, I might feel differently were it easier to ship wine to potential buyers.)

In theory, there is no difference between theory and practice. In practice, there is .ps - friends don't let friends eat farmed salmon.

MTPockets

Barrel Racker

Posts: 1834

02-19-2008 06:45 PM
Any 2005 from Domaine de la Romanee Conti.

kpak

Alaska

Wine Bottler

Posts: 3021

02-19-2008 08:29 PM
Posted By MTPockets on 02/19/2008 6:45 PM Any 2005 from Domaine de la Romanee Conti if you can find it (and afford it after buying that d'Yquem) When I was eighteen I was paying for college....what did I know?

In theory, there is no difference between theory and practice. In practice, there is .ps - friends don't let friends eat farmed salmon.

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