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04-28-2018, 09:51 AM | #1 |
Member since 1999
Industry Role:
Join Date: Dec 2007
Location: Off the Amalfi coast
Posts: 7,202
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Wine is making me more ££££££££ than any other single investment
When i left the UK more than 20 years ago i left in storage 200+ cases of wine. Some Italian but mostly French. Over the years the storage company has sold and re stocked cases as they mature and brought in a return of about 20% after storage and cellar fees. But last year my holdings value increased by an average of more than 42%. Time to invest in more wine !
The price of wine is going up. Global wine production slumped to its lowest level in 60 years in 2017, according to data from the International Organisation of Vine and Wine. The most recent harvest produced 25 billion liters of wine, a decrease from 26.7 billion in 2016 and 27.6 billion in 2015. The decline was driven by weak harvests in key markets including Europe and South Africa. The shortage has caused the wholesale price of basic wine in Italy to skyrocket 74% over the previous year, according to the European Commission. Prices are up 45% in Spain and over 10% in France. |
04-28-2018, 12:56 PM | #3 |
Member since 1999
Industry Role:
Join Date: Dec 2007
Location: Off the Amalfi coast
Posts: 7,202
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I don't count the four or five models i shoot each month an investment as the images are sold with © to my clients. My Industrial design work is an investment as i get royalties on every sale but nothing like 42% Wine is winning hands down and it tastes good !
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04-28-2018, 03:47 PM | #4 |
Living The Dream
Industry Role:
Join Date: Jun 2009
Location: Inside a Monitor
Posts: 19,325
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That is awesome! I love companies that do investments like that, whether it be wine or classic cars etc. Nice job man!
Let's toast your success over a nice Chardonnay:
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04-28-2018, 05:59 PM | #5 |
Too lazy to set a custom title
Industry Role:
Join Date: Dec 2004
Location: Happy in the dark.
Posts: 92,219
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My wine investments doesn't last that long ...
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04-28-2018, 08:00 PM | #6 |
Sexpat
Industry Role:
Join Date: Sep 2010
Posts: 14,872
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Same here ...
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04-28-2018, 08:17 PM | #7 |
Living The Dream
Industry Role:
Join Date: Jun 2009
Location: Inside a Monitor
Posts: 19,325
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That's because you're not supposed to drink the expensive stuff. :D
Down a bottle of Two Buck Chuck or Hungarian Bull's Blood for $3, same affect.
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04-28-2018, 08:43 PM | #8 |
Industry Role:
Join Date: Mar 2003
Location: San Diego
Posts: 32,116
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Boobsssssssss!
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04-28-2018, 09:28 PM | #9 |
So Fucking Fabulous
Industry Role:
Join Date: Apr 2003
Location: Indiana
Posts: 11,369
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I invest in Vodka weekly but feel like I'm just pissing my money away.
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04-28-2018, 09:33 PM | #10 |
Living The Dream
Industry Role:
Join Date: Jun 2009
Location: Inside a Monitor
Posts: 19,325
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04-29-2018, 01:05 AM | #11 |
Just Doing My Own Thing
Industry Role:
Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 24,822
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I invested in 2 bottles last night and all I got was a fucking headache...
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04-29-2018, 02:00 AM | #12 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2005
Location: Springfield
Posts: 13,826
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VineCoin - I belive already exists...
VodkaCoin - not sure but could be created easily...
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04-29-2018, 08:34 AM | #13 |
Confirmed User
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Join Date: Aug 2005
Location: YUROP
Posts: 8,544
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