Vinovest: Fine Wine Investing
| Category | Price | Seller | Device |
|---|---|---|---|
| Finance | Free | Vinovest, Inc | iPhone, iPad, iPod |
Why invest in wine?
- 10.6% annualized returns over the last 15 years
- Portfolio diversification
- Low correlation with traditional investments, making it a perfect hedge against inflation and recessions
- Low volatility compared to stocks, gold, and crypto
- Direct ownership of the wine
Vinovest is an online platform that allows investors to buy, sell, and store blue-chip wines. We source high appreciating bottles directly from wineries, wine exchanges, and merchants, often below retail price.
With Vinovest, you can manage your portfolio of world-class wines from your phone. Stay connected to the international wine market and the latest developments in the industry. Vinovest's extensive global network will give you access to private winery sales and limited releases.
How It Works:
· Step 1: Our portfolio advisors and state-of-the-art AI algorithm combine to select the top-performing wines that match your investment criteria.
· Step 2: We source, authenticate, ship, insure, and store the wines for you.
· Step 3: Watch your portfolio grow. Reach out to your portfolio advisor if you have any questions.
· Step 4: We notify you when it's the best time to sell (or even drink) your wine.
FAQ:
Can I invest in Vinovest if I don't live in the US?
Yes, Vinovest is available to anyone who can legally purchase alcohol.
What is the minimum amount I need to invest?
The minimum to start a Vinovest account is $1,000
What methods of payment does Vinovest accept?
Vinovest accepts bank transfers, credit cards, wire transfers, paper checks, and cryptocurrencies.
What are the management fees associated with my Vinovest account?
The management fee depends on your investment tier. The current fee structure is as follows:
· Standard Tier - 2.85%
· Plus Tier - 2.75%
· Premier Tier - 2.5%
· Grand Cru Tier - 2.25%
The fee covers insurance, storage, authentication, and active management of your portfolio. Fees are prorated across the year and only charged on the invested capital in your account.
How liquid is my portfolio?
100%, of course. (Sorry, we had to get that out of our systems.)
You can sell your wine at any time. Vinovest has an extensive network of wine traders and merchants worldwide. Using this network, we can sell your wine in 2-3 weeks.
Can Vinovest ship wines in my portfolio to my home address?
Yes, we can ship bottles from your portfolio directly to your home (or any other address that wine can legally be shipped to).
