A question I’m frequently asked and one I’ve covered before (see my post from October 2010 under News and Views titled “Investing in Wine”), Is Wine a Good Investment?
I’m alway tempted to ask in return – how is your stock portfolio doing, or that real estate investment you made back in 2004? And sure, gold may be selling at $1600 an ounce, but know anyone who has sold any lately at anything near that price?
But the short answer to the question is: Yes, if – and this is a big IF – you know what to buy, when to buy it, and what to pay for it!
Following the adage: A picture is worth a thousand words, ponder this…