"Vincent Vega" > wrote in message
...
>
> >
> > You buy wine at release, then age it. You end up drinking a big-buck
wine
> > that cost a negligible amount, comparatively, and pat yourself on the
back
> > for having the good sense to put it away. What could be better? Great
> > wine, and thrift as well.
> >
> > Craig Winchell
> > GAN EDEN Wines
>
> Thrift? $20.00 wine X 5% interest X 20-30 years?
> Im no accountant, but you do the math.
> Im not sure how much money you have but the average wine drinker can not
> afford that.
Let's see - according to my financial calculator (assuming 30 years), the
future value is $89.35. Looking at it from purely a collector and drinker's
viewpoint - a resonable investment. Looking at from purely a financial
speculator's viewpoint - more risky, but not as risky as many investments.
From a personal standpoint, I'm 62 now, so I'd be more likely to last for
the 20 year period. The future value for a 20 year period is $54.25. Let's
see - the stocks I bought in the past 3 years are currently worth about half
what I paid for them (even at a reduced buying price as an employee),
automobiles - they have depreciated, my home -- I paid $89,000 14 years ago,
current market value about $160,000. Looks like the home is the better
investment (besides, no home - no wine cellar). But - the wine isn't a BAD
investment. I was laid off in November, am building a new business that
hasn't started generating much now; even under those circumstances, my
little cellar has about 40 bottles, mostly for near time consumption, about
10 to be held over a longer time.
So, at this time, I cannot be one of the people who has a large cellar, full
of exquisite wines, I can't even afford to buy the top wines of the day. So
what - I can still enjoy what I can afford, and I still like to read on this
forum of the experiences of some that have been in the game a lot longer
than myself, and have devoted sizable resources to their collection.
Life is to be enjoyed here and now - we are not gauranteed the future. I'm
not about to be upset with what someone else is able to do. I didn't drink
wine at all until my doctor put me on a glass a day of red wine about a year
ago. It took several months, and some good advice, to get to the point where
I was enjoying the glass a day.
In a forum devoted to wine - one would think that there would be more people
who saw a glass half FULL rather than half empty!
Jim