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Do you store drinks and alcohols for years so as to sell afterwards. email this discussion to a friend?

myLot reputation of 84/100. alpha7 (817)5 months ago

We all know that the prices of old drinks and alcohols go up after many years,do you think investing in this type of a thing is a good venture?

 
 
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tags:  investing
 
1. myLot reputation of 67/100. spalladino (3995)   5 months ago

I think it's only a good venture if you're going to store very expensive wines or L1quor for you to enjoy at a later date. I'm no expert on this subject but it seems to me that there are probably better investments to spend your money one...gold is always a good one...or stocks, bonds and CDs...if you're brave in this economy. happy


myLot reputation of 84/100. alpha7 (817)  5 months ago

happy Thank you,people who do this think not only of person consumption but investment as well.Others options you stated are good ifonly there is no problem and good for a short term investment. Like put in your money today and pull it out tomorror and keep somewhere,repeatedly,it's like you playing on luck... But keeping your drinks for many years to come is sure and can never fall in value,though,your money is tied for years,but,it's worth doing.

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