The Latest Prices for August 2019 are updated!
Last month I talked about stock markets peaking and the potential of the wine market turning very bullish. The Major stock market indices lost around 3% or more 2 days ago and suffered their worst losses of the year on Monday.
Last month the wine market was sluggish for sellers, buyers are keen to buy but only entering if prices are lowered substantially. This is usually a sign of the calm before the storm. It looks like we could be on the cusp of some serious growth in the fine wine investment market. So get ready for the ride, and don’t forget to arm yourself with the ammunition and make sure you are in the wine market BEFORE prices escalate.
I see it so many times, investors buying when prices are up and trying to sell when prices are down. The way to go is the complete opposite. Maybe our personal circumstances hold us back in this strategy at times.
If you are a seller, try to wait for better times, hold off selling for now if you can. When you see a 2-month rally, then put your wine for sale.
If you are a buyer, Now is the time you should be at your most aggressive, buy what you can now, remain diverse with what you add to your portfolio. In June we saw the wine market drop, last month activity was slow, however, we have seen a rise in the market in July, similarly, the London Vintners exchange saw a rise of 0.5% for the Index 1000.
If you have friends who made a lot of money in the stock market in the last 2 years, please send them this update and ask them to start investing in wine. It would be a wise move to protect the gains they made in the stock market. Giving friends wise advice is what good friends do. There are some great wine investment opportunities out there and I’m here to help you to be on the right side of the market.
The Figures for August
This month’s valuations showed the Bordeaux market has increased by 0.24% for the month. Champagne and Rhone Valley wines showed an increase of 1.14%.
–38% of the wines valued showed a positive return, while 21% showed a negative return and 41% remained the same.
83% of our portfolio is Bordeaux while 17% is Champagne and Rhone Valley.
–The overall gain for ALL the wines valued this month was 0.278%
See below the winners and losers for August versus July.
Dom Perignon Brut 2004
Château Margaux 2013
Below are the five, top and bottom movers compared to the previous month. Over 100 wines are valued each month. The wines valued are ALL OUR recommendations from the last fifteen years.
The new prices, are reflected in your online portfolio every month.
Please log on to our website investintowine.com to view your wine portfolio and email us back at email@example.com if you wish to ask anything about which wines that can help build your wine portfolio.