Wine investors must bear in mind a number of factors when putting their wine away safely to grow in value. These include temperature, humidity, bottle position and light.
Temperature is the most important variable, with fine wines best kept at around 55 degrees Fahrenheit. However, the stability of the temperature is also key.
Cellars are typically the best home for wine because of their cool, damp conditions. It is this humidity that keeps the cork moist, stopping it from drying out, and allowing air in to the bottle. If a cellar isn’t possible, then keep the bottles in a position where the wine is in contact with the cork, preventing it from becoming dehydrated.
Be careful with humidity though as, anything above 80 per cent can begin to cause damage to the labels, which may become mouldy and start to fall off.
Cellars are also great because they have low light levels. Wine bottles are a dark brown or green color most of the time because they do not react well with brightly lit environments.
If you don’t have a cellar, then a relatively humid, cool cupboard could also work.
Once you have invested in the bottles of your choice, loans against fine wine are another option for releasing the equity against your ‘liquid assets’, whilst storing them safely and securely with specialists.
Use your personal assets to secure a loan from $1000 to $1,000,000.
This article was submitted by Paul Aitken, he is the founder of borro, the leading personal asset lending platform in the UK and the US. The company has created a new lending category and in 2011 and 2012 won Alternative Lender of the Year and International Business Awards.Paul also holds an MBA from IMD, Lausanne,Switzerland.