
As Wall Street continues to disappoint you may find yourself seeking alternative money-making strategies as opposed to stocks and bonds. While wine is obviously fine for enjoyment it can also act as a unique investment option. It's important to note that putting your money on fine wine does not incur a capital gains tax since it is considered a 'wasting asset' only expected to last fifty years.
Your best bet is a first growth from the Bordeaux region and Vanquish Wine, a bespoke wine service for private clients, suggests these top five:
- Chateau Petrus
- Chateau Margaux
- Chateau Latour
- Chateau Mouton Rothschild
- Chateau Lafite
Sounds like a bottle in the hand is better than a buck in the market.
Reader Comments (Page 1 of 1)
just me Nov 10th 2008 5:34PM
This is not a very provocative or original list of labels to buy for investment purposes.
drinkable Ed Nov 10th 2008 9:16PM
Geez.....I have a 1952 Chateau Margaux and also a 1961 Chateau Lafite Rothschild ..any interest out there?
mwlong Nov 11th 2008 10:23AM
if your best bet is a first growth bordeaux wouldnt you think the number one wine listed would indeed be a first growth bordeaux...
Imperial Hotel Management College Dec 9th 2008 9:52AM
Yet the bottle shown above, a Cheval Blanc, is not a first growth. Neither was Petrus classified in 1855.