Wine Racks/Wine Investing

[mcwildcats04]

I saw an ad for a company called Vigilant Inc. (vigilantinc.com) that does some nice custom wine racks. I was thinking about doing one of these next to the home theater I'm re-doing in my basement. It looks like you can design space even in a small area that is climate controlled so you don't really need a cellar per se.

Anyone have any experience and thoughts on wine racks? And does anyone have any suggestions on investing in wine and reliable places to buy? Just with a few quick searches online, I found vinfolio.com. Since I love cabernets, I'd probably collect Bordeaux cabernets and just store them. I'd really be doing this more for the visual and how nice I think it would look in my basement more so than for any investment (rely on the stock market for my investing).

 

[BlueVelvetFog]

Not sure if reading one, long humblebrag , or not

 

[mcwildcats04]

Not sure if reading one, long humblebrag , or not

Not at all meant as a humblebrag. To be fair, my yacht is currently out of commission as I can't afford the repairs. LOL JK

Seriously though, I can see how you got that from the post. Not rich or anything. I've had a pretty minimal home theater layout since we moved into our house 7 years ago (the TV was one of the first HDTVs to come out and one of those big, bulky rear-projection TVs.) I only finally decided recently to upgrade and get a nice set-up with a surround sound system that actually works. Just looking to get some small wine rack to go next to that. Nothing too crazy or anything as it's not a big space where all of this can go (maybe 15 feet wide or so).

 

[BBdK]

Investing.

 

[mcwildcats04]

Investing.

Yeah probably should have left "investing" out of the thread title. Would be doing this really just for the visual appeal. Think it would look cool in my basement.

 

[buckethead1978]

Neon beer sign>>>wine rack

 

[arasco]

Let’s get it straight man. You aren’t investing in booze. No one invests in booze. A few people ‘flip’ booze when they stand in line and get a hard to get bottle, but no one really invest in booze.

 

[AlbanyWildCat]

If you aren't buying your bottles from Sotheby's at one of their auctions, then you are wasting your time.

 

[funKYcat75]

Drinking or buying The Devil’s Juice is a sin.

 

[mcwildcats04]

If you aren't buying your bottles from Sotheby's at one of their auctions, then you are wasting your time.

Are you saying this because of the need to focus on much rarer and more expensive bottles (if thinking about from investment perspective)? Or presumably to avoid buying a fake bottle (have heard the scam stories)? Or both?

 

[Ineverplayedthegame]

Call me crazy, but I would much rather just drink the wine vs. the whole collecting/investing thing.

 

[HymanKaplan_rivals48997]

Most wine that is produced now is not really meant for 'cellaring'.

Tannin levels when bottled are lower (among other variables)

That's if you're looking at buying wine and storing for years. If you just want a climate controlled storage area, and drink a lot of wine, then it might be a good idea. It allows you to buy bulk if you find a good deal. But the days of big vintage years, and sitting on them for a decade or more are gone.

 

[HymanKaplan_rivals48997]

IOW, they're ready to drink when you buy them and aren't going to improve by cellaring. They'll actually get worse

 

[HymanKaplan_rivals48997]

Maybe I should have READ the thread before I posted, because you've already been advised.

 

[BBdK]

How many bottles did you have last night?

 

[HymanKaplan_rivals48997]

1 but it was filled with Scotch

 

[entropy13]

Seriously though, I can see how you got that from the post. Not rich or anything. I've had a pretty minimal home theater layout since we moved into our house 7 years ago (the TV was one of the first HDTVs to come out and one of those big, bulky rear-projection TVs.) I only finally decided recently to upgrade and get a nice set-up with a surround sound system that actually works. Just looking to get some small wine rack to go next to that. Nothing too crazy or anything as it's not a big space where all of this can go (maybe 15 feet wide or so).

I take it this for a small vacation cottage, then?

 

[Pickle_Rick]

I advise a nice Chianti, with fava beans. Fffffffffffth.....

 

[lz]

If you like reds, we’ve really been enjoying Carnivor zinfandel or cabernet lately!

 

[PFJ_Reg]

Wait, you're talking about buying Bordeaux wines for the aesthetics? Just find some reds with cute labels and you're set. Start with Michael David. Or if you do go the Bordeaux route, pick a more affordable one, like a Bordeaux Superieur or a Pessac-Leognan.

Not sure where HK is getting his wine-cellaring info, but he's wrong. The days of big vintages and sitting on them for years are still going strong. There are plenty of big, tannic wines that would be overwhelming if too young, such as Nebbiolo, Bordeaux, Tempranillo, Sangiovese. Vintages matter more in old world wines, where the climate is more variable. Bordeaux's seasons can vary wildly, whereas some place like Napa Valley is pretty predictable year-over-year. Anyhow, if you're not planning on aging, get some new world Cabs and be done with it. And "wine-investing" is stupid. There are just so many great affordable wines out there that buyers for a first growth Pauillac, for example, are few and far between.