In the year 1855, the popular classification of Bordeaux wine was introduced. This classification was dependent on the product’s quality, reputation and trading price. This classification of premium wine still exists today and wine from the Bordeaux region is the most craved for in the world. So, beyond doubt a Bordeaux wine investment would be a wise decision from any investor.
The Bordeaux wine classification system is strictly adhered to making it the first point of call for any serious wine investor. This put together with the limited supplies in the market around the globe makes it an ideal investment opportunity. The limitation is also affected with the raw products and crops that are used to create premium wines. Naturally, these crops are dependent on the weather conditions during their growth which also adds to the rarity of a good year. 2005 for instance experienced great weather conditions contributing to an outstanding vintage. So, Bordeaux wine investment is undeniably a flourishing option to be added in an investor’s portfolio.
For those who think that that Bordeaux wine investment is risky can not be further from the truth. Actually the wine investment market is made up of 90% Bordeaux wines. Generally wine does not attract capital gains tax as it is considered a wasting asset by the revenue. It is better to invest in a few bottles of more expensive wine of an older vintage than a lot of the newer wines due to the storage costs involved which will cut out of the profits of the wine.
Get to know your wines, the region, which year had the best weather conditions for producing an excellent vintage. There are many companies that can help in advice and the sourcing of the best wines to choose and also in the eventual sale. Done right, wine investment can be a very profitable hobby or a lucrative part of an overall portfolio.
Bordeaux wine investment has exceeded with triumphant results compared to other kinds of investments based on the records that were gathered from decades ago. Investment in higher class graded clarets, just like Bordeaux wine, is proven to have been providing higher profits for investors and less buoyancy compared to other alternative or traditional investments.
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