4 Wine Investing Tips

Simple in theory – purchase sought wine and resell it later at a profit – yet a bit more complicated in practice, wine investing is not for everyone. Investments in wine can be highly profitable, return investments having increased by 269% from 2005 to 2010, yet only if done right. And do to things right you need to be a lover of wines yourself, to know the market, to have connections, in short, to know what you are doing. Here are some tips for starters.

Invest the Right Amount and Be Patient

To earn significantly from your investments in wine you’ll have to invest thousands of pounds. Yet you can get nice returns on your investments even when you put in less money. You have to be realistic though. A thousand-pound investment, well placed in demanded bottles, may bring you twice or thrice as much, but only in a few years. The returns on wine investments are significant, but they usually come slower than with other types of investments.

Don’t Bother If You Don’t Like Wine

A good wine investor is savvy about wines, necessarily a connoisseur. Not being passionate about the drink yourself means that you won’t probably take the trouble to keep up with the latest developments in the industry, the harvest predictions, the most sought bottles and so on. What’s more, if you love wines you always have something to fall back on if the investment doesn’t work: drink the wine yourself.

Investing On Your Own Is Hard

Starting a new investment is always difficult, and especially when it comes to wine. As already said, knowing about fine wines is imperative to making money out of wine investments, and being all by yourself in the beginning, when it’s the hardest, is challenging. Your partner or partners don’t have to be necessarily wine experts – they just need to have the pocket and willingness to invest. Remember though that there is always an alternative when you’re on your own: wine investment funds.

Be Ready to Pay For More Than Bottles

One of the most costly things about wine investing is storage. Fine wine must be kept in ideal storing conditions if it is to mature, realizing its full potential. What’s more, there are transport costs to consider, especially if you don’t live in mainland Europe. The best wines for investments are usually produced in France, and if you want to sell them elsewhere, which is likely, you’ll need to support additional transport costs.

Finally, when first starting your wine investing, consider well your investment options, and whether investment funds or trusts are not safer until you become familiar with the market and its players.

5 Suggestions When Investing In Gold

Investing in gold can be highly lucrative when the sums involved are great and when the goal is financial security in times of economic hardship. Yet gold investments, as an alternative means of investing, are not for everyone. They require greater care than conventional investments as well as a deep knowledge of the market.

1. Invest in Gold When You’re Apprehensive About the Future

Just before an anticipated rising inflation kicks in is one of the best times for investing in gold. Whenever the financial security of your assets in the near future is doubtful, consider making a gold investment. But otherwise, especially when we’re talking about a micro investment, other assets may be the better choice.

2. Trading Strategies Are Risky When Abused

This is not too say that trading strategies in general should be avoided, but rather that they should be used with care. The gold market is not as easy to outdo compared to other investment markets, and those who do much trading in relatively short intervals tend to be most at risk.

3. Gold Mining Company Equities Are Sometimes Safer

They also tend to be a bit more expensive than other types of gold investments. Yet, like usual, they must be chosen with care, and preferably be bought in large quantities. It’s worth remembering that not even such equities are perfectly safe gold investments.

4. Keep Away From Unconventional Investment Opportunities

The plain truth is that most of the companies offering unconventional great-returns-guaranteed opportunities for investing in gold are insecure ventures at best, frauds at worst. Gold investments remain one of the most conventional types of investments, and there’s no new radical strategy that ensures great revenues. There are really few to none new tricks that work.

5. If You Invest in Gold, Invest A Lot

You probably want to invest in gold to protect yourself from future economic uncertainties. If so, don’t be afraid to convert most of your other assets into gold because gold is and will continue to be valuable. What’s more, gold is easier to acquire than many other assets, easier to trade, and easier to store. Perhaps not the best investments for reaping a stupendous profit in the short term, gold investments are ideal for avoiding or at least minimizing losses during economic downturns.

In the end remember that investing in gold is ultimately, just like any other type of investment, only lucrative when carried out properly by experts. If you’re not sure where to start, consider accessible investment opportunities offered by reliable trusts.