Thursday, 17 May 2012

Investing

Using the services of an experienced wine trader such as Crimson Fine Wines will enable investors to build a high yielding portfolio in the medium to long term. We select stock using relative pricing, industry supplied information and release strategies along with our in-house expertise and knowledge. We handle sourcing, delivery and all paperwork, ensuring provenance, certification of ownership and bonded warehouse storage to protect your investment.
What to Invest?
Bordeaux remains the most celebrated wine region of the world, capable of producing exquisite wines year after year. Strict regulations introduced since 1855 have ensured quality and the preservation of distinguishable characteristics through generations. The limitation on production of each vintage to 177 cases per acre maintains the diminishing supply/ increasing demand dynamic for investors.
WHEN
en Primeur or “wine futures” allow speculative investors to buy when a wine is young and still in the barrel, before full bottled grading. A possible advantage of buying wines En Primeur is that it enables investors to typically buy at substantially lower prices than they will be once bottled and released on the market. En Primeur tastings happen at the end of March / beginning of April each year. Contact Crimson Fine Wines today to find out more

Trusting wine Brokes

Too much trust is put into the advise of fine wine brokers, as if they themselves are expert analyst of the market.
This is not the case.
How they come to sound so knowledgeable is courtesy of using far too much wine jargon.
They need to sound knowledgeable due to having daily, weekly and monthly wine sales targets to hit so as to secure their job for another couple of months.
However, this means that the blind faith many investors have put into these brokers’ “expert” opinions, if continued, will lead them down the road of loss, not profit.
Fine wine jargon busting time
Whilst being trained-up as a fine wine broker, I was constantly being told, “Clients do not buy the wine. They buy your enthusiasm and conviction in the wine and the story (the story consisted of a broker predicting the future profits their client could make if they were to purchase the recommended wine).”
This may sound ridiculous, but I was forever seeing this work.
The way in which this happened was purely due to quality hard sales skills.
We were constantly being encouraged to listen to music that would get the juices going or read literature on hard sales, as well as being recommended to get inspiration from films such as Boiler Room on how to be good at our job.
It was after I had watched the above recommended movie that I began to detect that the delightful world of fine wine investment was not so.
I presumed I had simply received poor advice and so I taught myself the ins and outs of the market.
Instead of spending my time watching such nonsense, I spent my time delving into page upon page of prestigious fine wine publications such as erobertparker.com , Decanter and Wine Spectator among others. I would often spend many a lunch break investigating price movements that were actually achieved by particular wines and the reasons why they moved.
I wanted to be at the point where no matter what, I could provide my well protected and slowly growing client base with accurate and actionable advice that would greatly heighten their chance of achieving a profit.
More often than not, this would mean that the best thing for them to do was not to buy the recommendations or grade of wine being offered by the company.
Basically, what I am getting at is the fact that fine wine brokers, when getting past the often pompous exterior portrayed for clients (which too is a sales technique) are basically salesmen who do not care which vintages you put your hard earned funds into, so long as some of it makes its way to their pockets via commission.
Why these particular fine wines?
The presumption could be that a broker cannot be expected to know all the ins and outs of the particular wines that they are selling as there is just too much.
Sure. That is what analysts and sommelier’s are for I suppose.
However, when you think about this, they are simply being told to sell, whether it be for your genuine benefit or not. But, many fine wine brokers tend not to care whether or not you are paying for top, investment grade wines. Reason being, the turn around of brokers in this market is within a 1-4 year period.
I take it you have noticed a new voice coming down your phone every couple of years? These brokers know they will not be serving you in that role forever. I was told that I would be unlikely to have a lengthy career at that firm on my first day of training!
Therefore, the less ethical of the bunch are willing to pitch you anything at any cost – to your pocket – as they know they will not need to face the music when your are annoyed that your wines have not even made enough profit yet to make-up for the brokerage and storage fees when it comes time to sell.
For example, if a broker knows that you only want to deal with wines that will show you a 20% profit per annum over a five year hold (100% over 5 years), they may well pitch to you that “This wines I am bringing to you will show you such returns sooner rather than later.”
Now, this wine may well require 10 – 15+ years to achieve such returns, due to high production levels, the current status of the winery not being internationally known or respected in the fine wine connoisseur’s world, etc. Yet unless you do your own due diligence, you will be clueless.
So, if you are relying exclusively on the recommendations and expertise of your fine wine broker, you are asking for trouble.
It’s a sales job at the end of the day…
My experiences of the fine wine broking environment were sometimes a carbon copy of scenes from the movie Boiler Room. Sell. Sell. Sell was the order of every single day.
There were targets that needed to be met. These targets can range from 20k – 200k per month per individual depending on the wines being sold (a case of French Bordeaux sells at a much higher price than a case of most New World wines).
Failure to meet target on too regular an occasion resulted in the broker being called into the MDs office for a “brief chat”, followed by them receiving their marching orders.
I witnessed this often.
This was an obvious incentive. It worked for me.
For my first few months in the market I, like you, too presumed that every single wine I was recommending to my clients was going to show them massive rates of return within the first 5 years. Why else would a company sell them to their customers?
However, once I discovered the unethical practices of this particular fine wine brokerage, and that many others behaved in a similar way, my job became substantially harder to keep.
From that point on, I was only ever willing to sell my clients wines that would actually make them money, which infuriated my bosses.
Once a wine had received my seal of approval, I was all for recommending my client’s to purchase it.
So now what?
I recommend Crimson fine Wines they are a top Service for wine investment and are always there to help

Tuesday, 8 May 2012

Concerned about your wine investment?

Following the BBC’s Money Box item on wine investment last Saturday, plus Paul Lewis’s appearance that day on BBC Breakfast, the spotlight is firmly on wine investment scams.
 Crimson Fine Wines are highly recommended by myself and many other people i know. they taught me everything I know in wine investment and have helped me secure some of the finest deals. They are a London based company, recently they have received a bad reputation online for “Cold Calling”. However as they have recently started up in the UK and U.S.A they have been using this method to get the word out. I was contacted this way and I placed my trust into them this, I am so glad I done so and I will never regret that.

Friday, 20 April 2012

Usefull Wine Websites

Crimson Fine Wines
Crimson Fine Wines boasts a massive selection of wine and all the staff help give you expert advice on wines.

Wine Investor
Wine Investor helps new comers to wine learn the basics.

Money In Wine
Money In Wine helps give advice on the new market of wines.

Wine Investment London
Wine Investment London shows the top notch wine investors in London.

Crimson Fine Wine
Crimson Fine Wines Sister Website.

London Wine Investment
London Wine Investment gives expert advice on investing in wine in London.

Invest In Fine Wines
Expertise advise on world wide wine investment.

Fine Wines London
More advice on London Wine Investment.

Crimson Fine Wines Investment
Crimsons Expertise advice.

Ultimate Wine Investment
Ultimate Wine Investment advice.

Monday, 26 March 2012

Dubourdieu takes us through the 2011 vintage

For several years Professor Denis Dubourdieu (French wine critic, Professor at Bordeaux University and owner of Clos Floridene) has published a report on the coming en primeur vintage few weeks before the en primeur tasting week.
In his new report published this month [March 2012], Dubourdieu describes the potential of the 2011 vintage. Although the new vintage will not meet the quality level of the 2009 and 2010 vintages, most of the industry expects a relatively good vintage.
According to Dubourdieu, Bordeaux will produce a numerous magnificent red wines on both banks “despite unquestionable unevenness”.
He added the Right bank will enjoy some “magnificent Cabernet Francs” and the Left Bank will produce wines, which have “good structure thanks to remarkable Cabernet Sauvignon but volumes [during harvest] were unfortunately low”.
To conclude Dubourdieu was quite elogious on the 2011 Sauternes (e.g. Chateau d’ Yquem) describing the 2011 vintage produce under the prestigious appelation as simply “great”.

Crimson Fine Wines are one of the top leading companies for wine investment. Investing now would be the best thing you could ever do.
www.crimsonfinewines.com

Wednesday, 21 March 2012

35 year old American wine collector and millionaire Rudy Kurniawan has been arrested in Los Angeles accused of trying to sell US$1.3m worth of fake wine. He is also charged with fraudulantly obtaining millions of dollars worth of loans. His clientèle included the billionaire businessman and collector William I Koch, who is now suing the dealer for allegedly selling him counterfeit wine.

In 2008 Kurniawan tried to sell 84 bottles of Domaine Ponsot Burgundy. One bottle was labelled as a 1929 vintage but the estate didn't actually begin bottling until 1934. Prosecutors said a search of Mr Kurniawan's home had turned up materials which they claim were used in the counterfeiting of wine bottles.

Earlier this year when it was alleged that dozens of lots of suspect Burgundy from Domaine de la Romanee-Conti, withdrawn from a London auction run by California auction house Spectrum and London merchant Vanquish, had been consigned by Kurniawan. The auction house categorically denied the bottles were from Kurniawan.

This week Mr Kurniawan was refused bail after prosecutors were concerned he might attempt to flee to his home country of Indonesia.

Remember Crimson Fine Wines LTD is a secure company that won't rip your off! Visit our website here