At Profiter's International, you will be assigned a dedicated personal Wine Advisor who closely monitors your wine investment portfolio, provides professional wine investment and consumption recommendations.
Since less than 1% of all the wines produced worldwide are of investment quality with Bordeaux making up 80% of these wines, novice wine investors will need to be in the know. This is where engaging the services of Profiter's International can benefit you.
Here are some basic guidelines when starting a fine wine investment:
Wine Reputation
The reputation of the winery plays an imperative part. In France, look not only into the First Growths but also at the 'Super Seconds'. In some years, even the 'Fifth Growths' have proven to be profitable. Emerging and Cult wines also should not be ignored. Wines from North America are so scarce that waiting lists can stretch as long as two years. However, you will never go wrong with Bordeaux as it enjoys the highest resale value.
Wine Storage
To ensure proper maturation, your wine should be stored in a temperature and humidity controlled bonded warehouse. Fine wines must be stored at temperatures between of 13 degree to 15 degree celsius with a humidity of 70%. Only under these conditions will your investment reach its full potential when matured.
Wine Insurance
Like all other assets, you should insure your wines with full replacement value proven with a valid insurance certificate. If you have a large collection, you should invest in a stand-alone, 'valuable articles' policy, which provides for a broader coverage. Discuss with your storage warehouse personnel on the various policies available.
Wine Vintage
A top rated wine can only be produced in ideal weather conditions, with the right amount of rain, sunshine and temperature. This is the reason why only 2 or 3 vintages in a decade are high enough quality to be considered as an investment wine. With the world's current erratic weather, top quality grapes are even more scarce than before, thereby pushing its prices up to record highs.
Wine Futures
Buying wine "En Primeur" or wine futures usually offers the investor the greatest returns as initial opening prices are lower. Buying "En Primeur" refers to the buying of wine after it has been matured for only a short time and before it is bottled. After purchase, the wines will continue to ferment and mature for up to two years.
Wine Critics
Familiarize yourself with critics like Robert Parker, Stephen Tanzer and Wine Spectator as their ratings usually dictate the price of each wine. When you are able to identify and purchase a highly-rated wine, you can rest be assured that the returns on your investment will be positive without necessarily knowing much about wine. A sure bet is to invest in wines that have received 90 points on the Robert Parker chart. Other wine critics to note are James Halliday and Jeremy Oliver.
Smart wine investment advice is only possible when you are armed with the right information at the right time. For full detailed reports and performances on what wines to look out for, contact a wine advisor from Profiter's International today.