Alternative investments

Have just started an experiment with alternative investments. In this case, of the liquid variety. Or more specifically, two cases of French wine.

First case: Chateau Lynch-Bages.

Second case: Chateau Pontet-Canet.

If everything goes according to plan, these two cases of wine will sit safely in the warehouse in the UK for a minimum of 5 years, at which point they can be sold for "ginormous" profits. Both cases of wine are 2006, which has just been released ("en primeur"). They are cheap because no-one is really sure how well they will age. Except of course if you speak to the brokers who are selling the wine, in which case they will all be excellent value. Funny that.

One of the two cases did rise relatively quickly over the past week as the release sold out. We bought our case for GBP 399. The current price is GBP 420, so I guess that means we could claim a profit of 5% in a week? At this rate we'll be able to retire shortly!

We will see what happens.