$10000 ONLY

[Heathgtti]

so sorry ,meant to send it to the throttle guy.....

 

fistly yes, the common term of your portfolio in fine wine is 3 years, but where did you get the penalty figure of 50% to 60% if you dont mind me asking.

 

there however is another way to get involved with fine wine investments where the returns are set at a fixed 10% for a period ranging from 6 months to 12 months for payout....wanna know more?

[Redwood]

Investment in fine wine is very new to me, just happen to know 2 years ago.

Sorry, not sure who told me about the 50% to 60% penalty.

 

But as of now, what i knew was, usually there is a front end charges of about 2% and annual charges of about 3%. The annual charges is for the storage and insurance by AXA and other charges which I'm not very sure. Selling of the wine at any one time, the charges is about 12% or more. Price of wine can be in few hundred to thousands a bottle and usually it's sold in boxes of 12 and in foreign currency, for example Euro. Most wine appreciate in value as it's not subject to the investment market/ stock. It's risk free in the sense because of the insurance. Correct me if I'm wrong.

[Throttle2]

Is the prospectus in OCBC website? You have idea of the front and back end load and annual charges if any?

 

it's just like buying a stock thats all.

[Redwood]

Found the site already but doesn't give lots of info. Think I'll go to a nearby OCBC branch to check it out tomorrow. I think you're referring to "OCBC Class G 4.2% Non-Convertible Non-Cumulative Preference Shares".

[Heathgtti]

okay, firstly, only the top 1% of all the wines made in the world can be considered for investment...what i deal with is the top 5 winery's in the world,it is called 1st Growth wines from France.the next factor we consider is the vintage(which means the year it is harvested and the weather), lastly we depend on the internationally recognised leading wine critic for his opinion, Rober Parker Jr is his name..these 3 factors decide what wines we decide to procure and offer to our clients...for example,2 days ago we released a wine to investors called Chateau Haut Brion 2005 to our clients for $1000 a bottle(case of 12 bottles),today at retail each bottle is $1,700 approx.Can you see the margin you will receive in 3 years...a minimum porfolio is 1 case at 12,000, that includes, shipping, storage for 3 years in a bonded warehouse with climate control, full insurance.lastly, at the point of exit of 3years, we charge 5% of the profit , no other hidden charges other than that.at the point of your payment, the bonded warehouse will issue you the ownership to your stock , giving you the ownership of the assets and giving peace of mind.

[Throttle2]

i have to appreciate your 10 years experience in finance,but quite frankly it surprises me that in that time and especially most of all in the last year leading up, you have not been exposed to Fine Wine Investment market, you should look into it, i would not go telling i have 10 years experience and not be able to quote the result of that sector as a reference to make a healthy comparison.

 

firstly wine investments are pocket oppotunity type investments, one doesnt put everything into it. if you do, it will be wrong risk mgmt however well you hv done.

 

when replying you, i was looking at things wholistically. making above 10% returns in opportunity type / satellite type investments is certainly no big deal.

 

the question is how much of your wealth should you put into each area to balance things up at the end of the day.

 

it's not only about performance, it's about risk mgmt and also liquidity.

 

if i do it your way, i'll be telling people that they can make in excess of 30%pa.

[Redwood]

Just to check, the example given for that $1000/bottle is with all charges included?

So there is no annual charges? And only a 5% charges at the point of exit?

 

You got me interested, perhaps you can PM me your company website to do some research and contact you if i decide to throw the cash.

[Heathgtti]

I fully agree with not putting all your eggs in one basket, i am simply pointing out the use of Fine Wine investment as a viable alternative and savvy inclusion to wards a diversified portfolio.

[Redwood]

According to a friend of mine. He put 20++k in wine investment a year ago. He brought at 300 Euro++, the price now is already about 415 Euro, he calculated about 30++% earning and the wine have not mature yet. Thus closer to maturity year, the price will appreciate further.

Edited January 19, 2008 by Redwood

[Heathgtti]

bear in mind, the example of your friend although true, is not to be taken as an everyday % normality, although it does happen.That is why i can put the figure of 8% onwards as a reasonable expected return, we would rather under project and deliver than over promise and not deliver, but the potential for gains like your friend are not unheard off.

[Throttle2]

Yes, wine is viable alternative diversification

 

i'm personally using cigars instead of wines becos my passion is with cigars.

 

problem is i end up keeping them for self consumption instead, ho.

[Redwood]

Cigars also got investment value, that's very new. Can keep at home?

Very different from wine investment. Normally, you won't get to see your wine, people get to see the contract only.

Edited January 19, 2008 by Redwood

[Throttle2]

Only different in terms of how it is administered. and becos it's tobacco, the market could be smaller. More similarities actually.

 

can keep at home if you have the right storage.

 

similar as there are certain vitolas, brands, "vintages" etc... Like wine.

 

well-aged cigars are quite prized

often commanding 2 or 3 times it's original prize, depending on rarity and condition.

[Julian]

Try to do some research what is the hottest item now then sell in ebay.

[Nkps]

my nick is the same as my old nick just with 2 behind

My avatar also no change. the watch i'm wearing...

 

why you like it now, last time dont like leh?

 

 

no lah, i think u get me wrong... i m trying to ask you are you having multiple nick? which is not allowed in MCF

 

[Throttle2]

Oh..i already explained in another thread that my original nick was bumped out for due to admin problems i dont know.

So i created another one to replace old one.

 

The rule of not having two nicks is to prevent people from covering up.

 

and It's crystal that I am surely not covering up anything.

[Yeobh]

Do know of any fund handling investments in Africa

[Yeobh]

Hotest items just have high volume , keep you very very busy and only razon thin net profit.