What are your opinions on wine as an investment. Such as buying older bottles and keeping them for ten years?

would you agree within ten years these should double in value?

If u want to make money double in value WITHIN TEN YEARS, there are more business r there.

Buy some good shares. and forget. sure, your shares value willbe double or triple within TEN years.

Investing on WINE is not a Good Idea.

Not good, as it takes much more than ten years in most cases for wines to go up and in some cases they go down.

An old wine has already aged, so it will be expensive.

You need to buy new wines that are bad now but will taste good when mature in a few years. To predict this, you need a trained sense of taste or a good adviser.

Exception: buy a case of port and wait 21 years. This is pretty predictable.

1. You've got to know what you are doing
2. You would have to invest a lot of time keeping up with the fairly ill defined market for fine wines to assess the best time to sell.
3. Overheads to store in optimal conditions. Your garage doesn't count.
4. As part of a huge, well diversified protfolio it probably has a place under the "hobby" money category - as a way to make money that you need to live off in retirement it's down there with roulette and craps.

No I don't agree that an older bottle will double in 10 years. Some will some won't. Some will become almost worthless.

Inflation alone would account for about 30-50% of any price rise and therefore erode any absolute gains. It would be taxable for CGT thereby eroding it further. There are easier ways to make money than wine unless it's a passion and the deal falls into your lap.

I like wine, but I think a better place for your money is the stock market: Here is a link to see what the best investors are buying:

http://www.top10traders.com