The world of wine is about much more than merely enjoying the great taste and aroma of fine wines. The world famous brands that carry ultimate value are also seen by many as an investment vehicle that can be incorporated into the owner’s investment portfolio. This is a large part of why UKV PLC serves as both a wine distributor and a consummate broker offering descriptions and valuations of all vintage brands. Connoisseurs of fine wines evaluate all wine purchases based on both factors and rely on accurate information from clearing houses like UKV PLC.
Why Buy Wine?
Wine is a product that has specific applications in economy. In one aspect, it is very similar to gold. The value of a case of wine rarely takes a nose dive with time because wine becomes better and more valuable with age. As long as the owner can keep the bottles corked and stored safely in a wine cellar, the investment stays safe. However, it is important to remember that this can be a challenge for some connoisseurs, and having a storage plan in tact at the time of the purchase recommended to protect the investment.
Tangible vs Intangible Investments
In times of uncertain economics, a tangible product like wine that experiences a steady increase in value with age can be a good insurance policy of sorts. That is certainly condition in Europe today for those looking for a dependable place to put their money that may be insulated from the problems of intangible paper investments. The trend is even becoming very popular in Asia as well where many individuals who have profited handsomely from Chinese growth are now investing in wine.
Why You Need a Pro
The novice wine investor often is not educated in the world of fine wines. This is especially true for those just entering this investment area. Having a wine broker who understands the valuation process of tangible products is still a must for even the most fervent wine connoisseur investors who rely on solid global information from brokers like UKV PLC regarding production and valuation of older vintage wines. And, the real beauty of investing in wine is the fact that it avoids capital gains taxation that is assigned with paper transactions and holdings.
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