/biz/ - Business & Finance

>>55712197
wine investing is not worth it for resale unless you have a cellar and plan to open a store.

if you age wine for personal enjoyment, and have a storage vessel that can maintain 55deg F, etc, then yes you can save your future self some money by self-aging.

it's quite easy to spoil wine while aging for more than 10 years, especially if you don't use a highly regulated environment, so I would have to suggest not trying this - period (at least not without expert advice).
Also, if you still plan to age wine, typically you shouldn't try to age domestics. I know napa valley is known for super ripe fruit, especially Cabernet, but you should seriously consider educating yourself on old world wine sources and understanding microclimates for specific vineyards. It may sound silly to a novice, but the weather patterns for a given year in a given microclimate are the reason that aged wines can get very expensive, so you'll be taking on a lot of research.

>>55712197
You can console yourself with the certainty that even if you could have gotten a better price, the person who has the bottles now is a bigger fool than you.

>>55712355
I honestly was going to pop them open for christmas and just share with friends, but when he offered me the cash It was enough that I didn’t care, I just have heard since then that I could have gotten more for it. And fool or not, he can light a stack of hundreds on fire just to piss the flame out. Hard to not feel foolish knowing I could have gotten more if I had been more into it.

>>55712284
I don’t really age too much for personal enjoyment, a year or two maybe if a bordeaux is a bit too young with a good price, but 5-10 years is too much, especially since i’m in my mid twenties.
I pretty much only drink old world, but I am definitely the exception in the states, people here jerk off to the very existence of Napa, and it’s why I already have some pinots from Willamette because now it’s the rising name.

My interest is more in the names that people want around here, like Far Niente, Silver Oak, Stag’s leap, Prisoner/8 years, and caymus. Personally I don’t like them, but people in my area exclusively drink it. And if something happens to Napa, i’m more interested in the nostalgia factor.

Even now I get a lot of mid 2010’s cabs from napa that i’m not opening for this hope.

>>55712197
>Is wine investing worth it?
Usually no. And definitely no if you can't track the provenance of your wine through a series of climate-controlled bonded warehouses and storage facilities. Sometimes it *is* worth it though, and 2023 is one of those times. The 2022 vintage from Bordeaux is looking like it will be one of the *great* vintages. The En Primeur offering from my supplier has just closed and I'm waiting to hear about my allocation. En Primeur may still be available elsewhere though if you're quick. Basically, if it looks like a whole vintage is going to be awesome then buy the shit out of it and you'll do well. Just don't get suckered into buying every year.

>>55712197
>Good tasting bottles of red wine can be found for as low as $3-$5 if you look hard enough. $10 bottles increases your chances.
>Good quality cheese, sausage and crackers go for about $15 total.
Paired together in a comfy room with your favorite movies/youtube videos is 1-2 nights of pure bliss for $20-$30, compared to eating out and a night on the town which can easily ring up to $50-$100.
Enjoying a comfy Friday night instead of 52 days of partying can save you up between $1500-$3500 based off the numbers above.
So yes, an excellent investment if used correctly.
Don't be a fucking retard and try to age wine yourself though - the feedback time to judge your mistakes is 10-20 years so you'll just be buying a bunch of expensive vinegar.

If you are into ageing Reds Just go for bourgougne pinot noirs and Langhe nebbioli, rest Is trash.

I was making spaghetti bolognese last night and needed some wine in it so i opened a $10 bottle of red from costco. I had a glass while cooking and to be honest wine is just not good. I don't understand how people enjoy it so much. It also made my teeth hurt for the rest of the night, I think because it's acidic.

>>55712775
I’m in Florida so unfortunately almost no one even touches the old world, and if they do it’s Pinot Grigio or some dogshit chianti. I have considered buying some in hopes that people here grow a taste, but Americans are way too focused on staying on big name cabs than potentially wasting money on something unknown.

I’ll start hunting down some ‘22’s for personal drinking, glad to know that. And my “cellar” is just a expensive wine fridge that can hold a few hundred bottles, so I can’t really use that as a strong reference point, especially in a place that is known for hurricanes and power outages from said hurricanes and super hot summers.

I was more looking into catching the right end of panic buying if for some reason the newer napa vintages turn to shit. And getting early on some heavy hitting PNW pinots.

>>55712896
I almost never drink wine in a restaurant that I don’t bring myself. Maybe a glass if they have something really special.
But I do agree, wine is meant for home consumption with friends.

>>55713607
I don’t really age my wines anyways, not on purpose, this is more to justify buying better wine to maybe sell it. Like a rolex that you can’t wear.

Who knows. Just was interested to see what people think and /ck/ is far too autistic to get even semi serious answers

>>55712896
Those cheap bottles u talking about are dogshit. U drinking selected yeasts into selected malobact into human made acids into wood. Everyone now makes wine everywhere, take the old books (i mean old as if Christ were alive) and only few are the good regions where real wine Is made.

>>55714077
> every sentence starts with "I"
shove the bottles up your ass, you selfish prick
also checked

>>55712197
For bottles from magnum year you get 10% increase a year + inflation. You really got to know what you are doing though.

>>55712197
I dunno, might want to ask GIGA-faggot Craig Wright

>>55713901
>drinks shitty wine
>thinks all wine must be shitty since the wine they drank once was shitty
clinically retarded
also poor

>>55713901
people drink wine for the health benefits, you develop a taste for it, some turbo autismos actually enjoy the flavor

no. hasnt been since 2017

>>55714718
>he thinks that expensive wine tastes drastically different than cheap wine
I won't bother posting links to that story about the time someone gave white wine to somms, who described its flavour as "floral," "honey," "peach," and "lemon,", then were given the same wine but with red food colouring and they described its flavours as "raspberry," "cherry," "cedar," and "chicory".

Or the time someone bought a $3 wine from the grocer, wrote a fake review and gave it 98 points, and entered it in a tasting where it was awarded first place.

>>55712197
Not as good as a watch investment. Why have a cellar full of bottles when you can just sport a watch like this to let everybody immediately know you have made it?