Anyone selling part or their entire portfolio becomes a trader in back vintages. The timing of this sale in relation to the wines maturity or readiness to drink has an overriding effect on the ability to sell for higher prices. The longer the wine has been drinking, the scarcer it becomes and with demand outweighing the inelastic supply, further positive growth can be expected.
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- Verum’s Taylor Says Wine Good Long Term Investment (Audio)
Macauley “Mac” Taylor, principal at Verum Capital Group, says wine is a safe investment and that fine wine prices will continue to outperform other assets. Continue reading