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WheresNWS
RealPoor Master of Posts
Joined: 19 Nov 2002
Posts: 6448
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 Posted: 08/24/03 - 16:05 Post subject: Breaking the ban
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I'm considering temporarily breaking my personal ban on all things french. Thanks to heat that killed 13,000 frenchmen, this year's wine harvest is expected to be the best in decades. I'm thinking of buying a bunch of french wine as a 4 year investment. All I need to do is figure out a way to simultaneously s***w france in the process.
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Clevinger
RealPoor Guru
Joined: 11 Oct 2002
Posts: 3765
Location: Austin
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Posted: 08/24/03 - 16:07 Post subject: Re: Breaking the ban
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| WheresNWS wrote: | | I'm considering temporarily breaking my personal ban on all things french. Thanks to heat that killed 13,000 frenchmen, this year's wine harvest is expected to be the best in decades. I'm thinking of buying a bunch of french wine as a 4 year investment. |
Not worth casting aside your values for some good tasting wine.
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WheresNWS
RealPoor Master of Posts
Joined: 19 Nov 2002
Posts: 6448
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Posted: 08/24/03 - 16:08 Post subject: Re: Breaking the ban
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| Clevinger wrote: | | WheresNWS wrote: | | I'm considering temporarily breaking my personal ban on all things french. Thanks to heat that killed 13,000 frenchmen, this year's wine harvest is expected to be the best in decades. I'm thinking of buying a bunch of french wine as a 4 year investment. |
Not worth casting aside your values for some good tasting wine. |
I'm thinking perhaps I can sell it back to french people in 4 years for 3 times the price...thereby draining their economy and enriching myself. The wine isn't for me to drink.
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Clevinger
RealPoor Guru
Joined: 11 Oct 2002
Posts: 3765
Location: Austin
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Posted: 08/24/03 - 16:13 Post subject: Re: Breaking the ban
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| WheresNWS wrote: | | Clevinger wrote: | | WheresNWS wrote: | | I'm considering temporarily breaking my personal ban on all things french. Thanks to heat that killed 13,000 frenchmen, this year's wine harvest is expected to be the best in decades. I'm thinking of buying a bunch of french wine as a 4 year investment. |
Not worth casting aside your values for some good tasting wine. |
I'm thinking perhaps I can sell it back to french people in 4 years for 3 times the price...thereby draining their economy and enriching myself. The wine isn't for me to drink. |
Nice plan ~
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lumber
Luke Warm
Joined: 08 May 2003
Posts: 331
Location: Central Florida
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Posted: 08/24/03 - 16:43 Post subject:
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so you think it could be a legitimate investment?
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Jinu
RealPoor Guru
Joined: 11 Oct 2002
Posts: 2396
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Posted: 08/24/03 - 16:49 Post subject:
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wine doesn't work that way
storing it in the bottle in your ghetto wine cellar won't do much. its when its aged in the oak barrels for a number of years that the value goes up significantly.
and i can't believe 13,000 french people died because of heat.
maybe back in 1802, but wtf
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WheresNWS
RealPoor Master of Posts
Joined: 19 Nov 2002
Posts: 6448
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Posted: 08/24/03 - 17:08 Post subject:
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| Jinu wrote: | wine doesn't work that way
storing it in the bottle in your ghetto wine cellar won't do much. its when its aged in the oak barrels for a number of years that the value goes up significantly.
and i can't believe 13,000 french people died because of heat.
maybe back in 1802, but wtf |
People invest in bottled wine all the time, buying up lots from good years and selling the cases years when supply has dwindled. I had a bottle of cab that a customer gave me that was given the wine of the year award. I looked up what it was selling for and it was something like $60/bottle retail, compared to the $20-$30 2 years prior. I drank it and it was yummy!
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lumber
Luke Warm
Joined: 08 May 2003
Posts: 331
Location: Central Florida
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Posted: 08/24/03 - 17:36 Post subject:
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| Jinu wrote: |
and i can't believe 13,000 french people died because of heat.
maybe back in 1802, but wtf |
I know, all I can ever think is, "what a bunch of p*****s"
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ATM Banana
RealPoor Master of Posts
Joined: 02 Jan 2003
Posts: 8575
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Posted: 08/24/03 - 17:50 Post subject:
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nice signature lumber
i'm suprised that many french people died from heat, but... i generally believe everything i hear.
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Faerdal
Toomuchtimeonhands
Joined: 11 Oct 2002
Posts: 954
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Posted: 08/24/03 - 17:55 Post subject:
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the number isnt that high. there was an "estimate" a while ago of 3-4000 deaths during this heat wave, and it keeps getting inflated and inflated. those deaths aren't all BECAUSE of the heat either, they're just people who died during the heat wave of non-violent crimes.
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Krumble
Toomuchtimeonhands
Joined: 11 Oct 2002
Posts: 771
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Posted: 08/24/03 - 18:05 Post subject:
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| Faerdal wrote: | | the number isnt that high. there was an "estimate" a while ago of 3-4000 deaths during this heat wave, and it keeps getting inflated and inflated. those deaths aren't all BECAUSE of the heat either, they're just people who died during the heat wave of non-violent crimes. |
Even the French would be hard pressed to die of non-violent crimes. Barring drunk driving, is that even possible?
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Krumble
Toomuchtimeonhands
Joined: 11 Oct 2002
Posts: 771
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Posted: 08/24/03 - 18:10 Post subject:
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As was said the last time this topic came up, the reason so many are dying because of the heat is that Paris is one massive, crowded, touristy shit hole that usually does not get warm enough for Parisians to bother with airconditioning. Maybe after this heat wave, they'll consider installing some AC in hotels and restaurants and you'll be able to visit without taking 3 showers a day.
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WheresNWS
RealPoor Master of Posts
Joined: 19 Nov 2002
Posts: 6448
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Posted: 08/24/03 - 18:18 Post subject:
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| Krumble wrote: | | As was said the last time this topic came up, the reason so many are dying because of the heat is that Paris is one massive, crowded, touristy shit hole that usually does not get warm enough for Parisians to bother with airconditioning. Maybe after this heat wave, they'll consider installing some AC in hotels and restaurants and you'll be able to visit without taking 3 showers a day. |
Ironically the french themselves only average .2 showers/day.
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Krumble
Toomuchtimeonhands
Joined: 11 Oct 2002
Posts: 771
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Posted: 08/24/03 - 18:43 Post subject:
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| WheresNWS wrote: | | Ironically the french themselves only average .2 showers/day. |
No kidding. When I went skiing with a friend from Germany and his family a few years ago for about 9 days, I easily took more showers than the 5 of them combined. They also did not use soap, but something equivalent to Axe body lotion that was neither soap nor shampoo and which only served to cover some foul odors. Several layers of clothes + sweat + restaurants = nasty as hell at the end of the day.
Paris was worse. Just stepping outside you get covered in this filthy claminess that seems to clog every pore - the same type of feeling you get after about a week of backpacking. I love the countryside, but nuking Paris into a giant crater would be doing them a favor.
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Kikk
Can't Stop Posting
Joined: 14 Oct 2002
Posts: 695
Location: Jacksonville, NC
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Posted: 08/24/03 - 20:22 Post subject:
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Unless you have a place to store it that is out of direct sunlight, moderate temperature and humidity throughout the year and free from vibrations I would not recommend it. You can get by with it in a closet for a couple years without any major damage but it is a big risk to take if you put up a large amount of money.
You would be just as well off to take a trip to Cali and buy from many of the smaller vineyards that sell direct because they are too small for most distributors to bother with.
If you want to buy wine as an investment I would recommend reading several books on winekeeping and invest in at minimum a furniture storage cellar with some type of temperature and humidity controls.
If you are really serious about it and want to invest a large amount of cash I would suggest getting professional advice.
www.iwawine.com
Check out this website to get an idea of the cost of furniture type cellars. I have had good performance from Le Cache and the Masterpiece which both use the Breezaire cooling unit.
I went with a dedicated cellar a few years ago when my collection grew much larger than what I had room to store them in credenzas. It also wasn't much more expensive going with a dedicated cellar over buying the furniture cellars and I have about twenty times the storage space. I think my cellar holds 13000 bottles to which I have about 5000 in it right now.
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WheresNWS
RealPoor Master of Posts
Joined: 19 Nov 2002
Posts: 6448
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Posted: 08/24/03 - 20:38 Post subject:
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| Kikk wrote: | Unless you have a place to store it that is out of direct sunlight, moderate temperature and humidity throughout the year and free from vibrations I would not recommend it. You can get by with it in a closet for a couple years without any major damage but it is a big risk to take if you put up a large amount of money.
You would be just as well off to take a trip to Cali and buy from many of the smaller vineyards that sell direct because they are too small for most distributors to bother with.
If you want to buy wine as an investment I would recommend reading several books on winekeeping and invest in at minimum a furniture storage cellar with some type of temperature and humidity controls.
If you are really serious about it and want to invest a large amount of cash I would suggest getting professional advice.
www.iwawine.com
Check out this website to get an idea of the cost of furniture type cellars. I have had good performance from Le Cache and the Masterpiece which both use the Breezaire cooling unit.
I went with a dedicated cellar a few years ago when my collection grew much larger than what I had room to store them in credenzas. It also wasn't much more expensive going with a dedicated cellar over buying the furniture cellars and I have about twenty times the storage space. I think my cellar holds 13000 bottles to which I have about 5000 in it right now. |
Party at Kikk's!
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Kikk
Can't Stop Posting
Joined: 14 Oct 2002
Posts: 695
Location: Jacksonville, NC
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Posted: 08/25/03 - 17:41 Post subject:
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Actually I used to try and host a wine tasting at least twice a month but have really gone away with it for the most part over the last couple of years. I realized that most people had little idea about wine and thought because they knew how to pronounce Pouilly Fuisse and Pinot Nor that they were experts.
I drink wine to enjoy it and it makes little difference to me if that bottle cost $3 viz. a $100 French POS wine as long as it tastes good. I met a few people over the years that enjoy wine like I do and we get together every now and then and drink a few bottles and smoke a few cigars but other than that I don't usually have to many people over any more.
My favorites right now mostly come out of Australia and Chile--they are relatively inexpensive because they are not well known and they are pretty damn good especially for the price.
I can't remember the last bottle of French wine that I had and other than a few cases of champagne and a few Alsatian Rieslings I rarely buy their garbage. I have tasted more garbage French wines than from any other country and paid ten times as much just for the privilage. It really bothers me that the average person who knows little about wine (and even those who think they do) thinks that just because it is French wine it must be good. Don't get me wrong, there are many great French wines on the market buy they are hardly ever worth the price.
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Arinwulf
Luke Warm
Joined: 17 Oct 2002
Posts: 186
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Posted: 08/25/03 - 18:26 Post subject:
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Bah, French wine, overrated and not worth the money. Either Aussie wine or some nice california wine from some premium reserves would be a better investment.
French wine is hit or miss, they never figured out (or never used) the science of producing consistently good wine.
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ATM Banana
RealPoor Master of Posts
Joined: 02 Jan 2003
Posts: 8575
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Posted: 08/25/03 - 20:32 Post subject:
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true, but i'd have to say about 30% of california wine is worth looking at, and i'm not sure there's anywhere else it's done at such a great scale.
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Kikk
Can't Stop Posting
Joined: 14 Oct 2002
Posts: 695
Location: Jacksonville, NC
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Posted: 08/25/03 - 21:43 Post subject:
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The US produces more award winning wines than any other country and not just Californian anymore either. You used to be able to find some awesome values from California but most of the great wines are now priced accordingly. You will stiff find a few gems out there though.
Washington/Oregon have been producing some very nice wines in the last few years and there are good ones coming out along the East Coast as well.
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