Friday, Oct 09, 2009
Investment opportunity ...
Telegraph: Introducing the £10 bottle of champagne
There is a glut of champagne, which keeps a long time. Almost a liquid gold except cheap. You could do worse if you bought 60 bottles of the stuff while waiting for house prices to come down.
Posted by stillthinking @ 11:04 AM (906 views) Add Comment
11 Comments
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1. cynicalsoothsayer said...
Champagne does not keep well, unlike some red wines. Not really an investment, especially in a falling market.
2. letthemfall said...
A bit off-topic stillthinking. Cheers.
3. drewster said...
Also you'd need a house (with a wine cellar) to store it in!
4. mdmick said...
Do you think there could be a bubble?
5. tyrellcorporation said...
Mmmm, at least Gold can sit in a safe and do bugger-all. If my money was tied up in booze I'd be broke very quickly...
6. need-a-crash said...
stillthinking
Thanks for the light-hearted post :) have been needing some light relief with all the bad news recently. I know champagne doesn't keep very well so I might buy some and drink it! At least I feel slightly happier now than I did in 2007 when everyone else was presumably drinking the stuff.
7. Redbullish said...
Tattinger has been around the £23 to £25 mark for years
8. uncle tom said...
The horrid truth is that the Champagne vineyards no longer produce the best bubbly..
Some vineyards in the south and west of England are now producing sparkling wines that frequently trump the best the French can offer, when tasted blind..
Personally I rarely drink sparkling wines - Port and Claret are more my style..:)
9. contrails are not a conspiracy (formerly npnh) said...
Drunk on cheap champagne or cheap credit .... the hang over will still get you ....
10. stillthinking said...
Maybe both inflation hedges is better.
11. Neil B said...
Marks & Spencer and Tescos have been doing their own champagne at 10 quid for years. Personally I think Cava beats champagne hands down