Collecting wine can be a fun hobby as well as a highly lucrative investment. A single bottle of fine wine can eventually earn you large amounts of money. Before investing in a wine collection, you should learn about winemaking, which will give you a better idea about determine which wines will age best and make you the most money.
Instructions
1. Speak to a sommelier, a person who maintains and orders fine wines that are served in restaurants. A sommelier is not only a great resource for information about wine values, but will also offer their expertise on how a wine is made and how it is priced. The International Sommelier Guild website offers free registration and provides discussion boards about the wine industry, new wines and recommendations for investors.
2. Investigate which winemakers and vineyards have the best reputations around the world. Once you know that a particular wine producer or vineyard has good standing, you will know that it is worth investing in their product.
3. Consider the longevity of the wine you would like to buy. There are many wines made today that are not meant to be consumed after a few years. Wines with a short lifespan will not be a good investment choice, as their value will not increase with time.
4. Buy wine that will prove to be a good investment, not just wine that is expensive. Many bottles of wine are priced extremely high simply because they are "in vogue" or happen to be in demand at the moment, not necessarily because they are quality wine or a good investment choice. On the other hand, many rare wines do not taste good at all, however make great investments because they are difficult to find.
5. Choose extravagant labels. A bottle of wine sporting a gold embossed label can greatly increase the investment value of the bottle, regardless of its quality.
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