It’s Q&A Wednesday!
Is having vintage wine as an investment a good idea?
Today we have an interesting short Question: Is having vintage wine as an investment a good idea?
My answer to that is A big YES!
The wine market went through a 4-year decline between 2011 and 2015 after many vintage wines had increased several hundred percents over previous years.
Since the wine market then became stable in 2015 and in 2016 the market turned a corner and began a steady growth.
Many vintage wines have appreciated between 15 and 30% in the last 12 months which suggests the fine wine market is heating up again.
What about Bordeaux En Primeur is it still a good investment?
En Primeur can be a good investment if you are able to obtain good quality vintages in decent quantities.
The price is very important, if you do not have access to buying directly through the Chateau via a negociant then you need to be careful with the price that a merchant is offering to you.
Vintages that were sold between 2011 to 2015 were not successful because the market was slow during these years.
These would be good vintages to buy now as the market recovers and 2015 is still considered a late en primeur investment because it has not yet been bottled.