Hello! :) Introduce yourself

[Leah]

@JordanV

@Brocklehurstj

On this question I think you will need to start with an awful lot of money. Investment grade wines that can reasonably be expected to increase in value start in the thousands (per case) and increase from there.

This is what I feared. I’m happy to spend money on having great wine to drink, I had just hoped there were some guiding principles around subsidizing with wine investments. But I think the tack I’ll take is to invest in wine I would want to drink, and then if my tastes change, I can always sell or trade in the future.

I think there tends to be a general misconception that wine in general is a good investment . As @Brocklehurstj says it simply isn’t true unless you’re dealing with very high end, limited production and sought after bottlings.
If you intend then to invest in your drinking future and then decide to sell on at a later point of the wines you own then ensure you either keep them in bond and/or stored offsite with a reputable merchant. It’s difficult to resell wine without proving it has been stored properly .

[AnaGramWords]

@JordanV

What’s the smartest way to invest in wine so the hobby can pay for itself one day, or is that an unrealistic expectation? Am I being reckless in my spending?

There is a long-standing piece of advice about investing in wine. it goes like this…

'if you want to make a small fortune in wine investment, start with a larger one! (freely given)

[JordanV]

@Leah

it simply isn’t true unless you’re dealing with very high end, limited production and sought after bottlings.

This is actually a relief. I don’t need to factor this in and can just buy wine I know I’ll enjoy drinking. Thank you.

[JordanV]

@AnaGramWords

if you want to make a small fortune in wine investment, start with a larger one!

Someone gave my this same advice about opening a restaurant!

[AnaGramWords]

Yup! it’s pretty universal for many dodgy schemes. Caveat Emptor!

[NW3Andre]

@Leah

it simply isn’t true unless you’re dealing with very high end, limited production and sought after bottlings.

I will add to that impeccable and traceable provenance.

[JayKay]

I love Au Bon Climat Pinot Noir. Also enjoyed the PNs from Oregon - what do you think of them?