Financial Services > Investments > Wine > How to Buy Wine For Investment
Firstly you will need to approach a reputable wine merchant or broker.
They will be able to advise you on what is a good investment and tell you which wines are readily available. Generally speaking, a minimum investment of £5,000 will allow you to achieve a balanced portfolio. Wine investment is not a short-term venture, you will need to retain your purchase for at least five years.
By purchasing wines from a cross section of wine regions and vintages, you will spread the potential risk and gain. Once you have made your choice the merchant will provide you with a quotation and on acceptance of this, they will issue an invoice. The wines are generally sold as "lying in bond UK", even if they have to be shipped in from stocks held abroad.
Demand for wine is high and exceeds supply and is therefore strictly controlled. No wine house will sell direct to the general public so you will have to go through a merchant or broker. Whether you want to spend an age discussing vintages or just want to hand over a cheque for investment, your broker should not charge a consultation or buying fee. They make their money by taking 10% commission when you come to sell your wine.
When you are buying to invest, less is more, so look out for top wines from top vintages. If you have got £1,000 to invest buy two cases at £500 each rather than five at £200.
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