Liquid Investments
- by Rahul Rungta
- Published on 11/29/07
- Article views: 579
Nothing is sacred to the boys in the city. Now even the world of wine has become a bun-fight between investors keen to make dramatic returns over very short periods and claret lovers despairing as their favourite wines spiral out of their reach. At the very top end of French wine-making, the enormously collectable Petrus of Pomerol is now around £23,000 a case for the wonderful 2000 vintage. However, I have no doubt it will soon find a buyer as the market for fine wines refuses to slow down. Customers who bought into the celebrated 2000 vintage en primeur (ie buying while the wine is still in France at the Chateaux maturing) are now laughing into their checkbooks. A case of Mouton-Rothschild 2000 that went for around £1000 will now fetch somewhere in the region of £6000. Thats 600% growth in just 7 years, no wonder the city boys are scrambling to get their hands on good wine!
This begs the question: who is actually drinking these wines? Contrary to common opinion the vast majority is still being bought to be drunk, what has changed is the nature of the buyers. Wine Merchants are seeing their customers change from older clients following a wine vintage to vintage to younger, cash rich buyers looking to establish a cellar but comforted by the fact the wine will appreciate. The Asian market has also grown enormously, with wine merchants in China and Japan doing record business.
So what does this mean for those of us who fancy a dabble in the world of fine Claret? Well there are two main points to bear in mind before you take the plunge. Most important is the quality of the vintage: 2000 and 2005 command such high prices because they were both superb vintages, demand for both will always be high. Secondly, the influence of the American wine critic Robert Parker is crucial in the modern market. His 100 point scoring system is massively influential in the value of a wine, many would say too influential! A wine with from a good Parker score from a good vintage is a sound investment, though obviously still at the whim of global markets. If you fancy buying into the top wines but find the prices a little on the heavy side, look to lesser but decent vintages like 2004 or 2006 or buy into the 2nd Wines of these Chateaux: these can represent terrific value.
Simon Fisher is a Wine Advisor at Averys Wine Merchants. Averys Wine Merchants list a wide range of vintages of classed growth Bordeaux including all the first growth Chateaux. More information please visit us - http://www.averys.com
Rahul Rungta is business manager. Email:articles@submit2please.com
More Articles
-
-
-
» Latest articles
-
» Highest rated articles
- Plastic Garment Bags
Plastic garment bags are basically large bags which are used to store different types of garments and clothes. These are more often than not used in places such as laundries and dry cleaning stores for packing suits, gowns, dresses and other clothing.
- Liquid Investments
A case of Mouton-Rothschild 2000 that went for around £1000 will now fetch somewhere in the region of £6000. Thats 600% growth in just 7 years, no wonder the city boys are scrambling to get their hands on good wine! This levels of growth begs the question, who is actually drinking these wines?
- Liquid Investments
A case of Mouton-Rothschild 2000 that went for around £1000 will now fetch somewhere in the region of £6000. Thats 600% growth in just 7 years, no wonder the city boys are scrambling to get their hands on good wine! This levels of growth begs the question, who is actually drinking these wines?
- Plastic Garment Bags
Plastic garment bags are basically large bags which are used to store different types of garments and clothes. These are more often than not used in places such as laundries and dry cleaning stores for packing suits, gowns, dresses and other clothing.
- How to Straighten Out Your Tax Affairs in 2010
Utter the word 'taxes' in front of people and you are sure hear a loud groan. Frankly, there are valid reasons behind this response: First of all, paying your taxes annually can be a financial burden, especially with the economic hard times which we are going through these days.
- Benefits of Yoga - Redefining Life, Meditation and Exercise
Yoga is a complete exercise for the mind, body and soul and it can give a person a change to know himself in a new light. Regular practice of Yoga has been known to reduce stress, increase concentration and also benefit one's overall health.
- The Best Floral Perfumes
Floral perfumes are considered the best perfumes all over the world. In fact the history of perfumes says that floral perfumes are the first perfume category of the world and thus popular also. Floral perfumes represent the essence of love and romance.
- Coffee Gift Baskets
Even a Coffee Bean or San Francisco Coffee outlet frequenter will not be able to master the art of appreciating true gourmet coffee unless they know the history and information about gourmet coffee.
- Rent a car in Israel
If you are already in Israel and wish to rent a car, then you can make a booking and tell the service to pick you up from wherever you are. The best part about car rental in Israel is that they are extremely flexible.
- A History of Vintage Automobiles - From 1916 to 1924
Before cars were around, people usually traveled distances using horse-drawn carriages. But as early as 1335 several bright minds have been trying to come up with a 'horseless carriage'.
- Ecommerce Checkout - Make Them Register
The world of ecommerce is expanding daily as more and more retailers take their business to the web in the hopes of attracting a percentage of those ever finicky web shoppers. As the amount of businesses open up ecommerce shops online, the amount of web development companies is also growing, offering ecommerce solutions for even the smallest of budgets. It is important that web developers understand the dynamics of the checkout process when discussing the options with the client.
- 3 Rules to Follow in Your Logo Design
When designing your own logo or getting it done by logo design professionals, ensure the following three basic rules and you will have a great and memorable corporate identity.
- Common mistakes before starting a website
If you want your website to be a big hit then you need to avoid some common mistakes before starting one. Here you have a list of pitfalls that are designed for beginner and for many established ones too. Check out the common mistakes that have to be avoided for sure!
- Top 10 SEO secrets
Today everyone wants to have better search engine result pages ranks. However only one can have the rank 1. Therefore you need to optimize constantly your websites and to have an edge over others you need to do something different and unique. Following are 10 rare tips/secrets which can help you get high search engine ranks.
