If your investing appetite includes an appreciation for fine wine, beware: don’t let your palate control your wallet. Individual taste should be balanced by a variety of factors, including vintage, supply, and storage capability. Our story, videos, and slideshow explain the keys to collecting and profiting from these liquid assets.
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If your traditional portfolio has left a bad taste in your mouth, you may want to consider a more flavorful investment. Now that wine prices are down from their peak last year, experts say now is the time for new and seasoned wine investors alike to hit the bottle.
Investors looking for variation from stocks, bonds and currencies could try investing in good wine, which has provided good returns over long periods of time, but should beware of unprofessional advice in the area.
Some investors have a taste for alternatives, such as collectible wine. Depending on the vintage, prices can range from affordable to extremely expensive.
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Investing in wine goes way beyond taste buds. From Chardonnay to Bordeaux, French to Italian, bottles to cases, collectible wine varies by vintage, rarity, and price. CNBC’s Courtney Reagan explains the risks and rewards.
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