Investing in 2005 Bordeaux - For MultiMillionaires Only
My advice is simple. Only invest in First Growth Futures. In 2000, First Growths sold for a mere $350 a bottle and up. Now, the 2005s are being offered for more than twice as much. Best bets in 2005 are Petrus, Ausone, Haut Brion, Latour, Margaux, and Lafite. If I had to pick only two of these, it would probably be Latour and Margaux. Whatever you do, don't just invest in one wine. Diversification is a must. Outrageous as these prices might seem they are opening prices and will only go up after the first tranche is sold. By the time the wine is delivered the price will probably be much higher. In terms of return on the dollar, ten years might be a reasonable holding period. Of course, if for some reason, 2005 defies history and the prices don't increase, you can always invite your friends over to help you drink up your liquid assets
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