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About Joseph de Beauchamp
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You are here:  Experts > Money > Investing: Canada > International Stocks > wine investments

International Stocks - wine investments


Expert: Joseph de Beauchamp - 2/6/2007

Question
WOW it must be a big coincidence that I came here to ask exactly the same as the one before me. I was also invited to invest in cases of wine with the Bordeaux Advisory! I also have my doubts about the returns they mentioned to me a case of wine costing over $2,000 could bring in 26% within 8-12 months and a case of another wine could bring in 36% after a 12 month period .
Have you heard anything else about this company? Is there alot of scams in this market? Should I forget them and put my money in mutual funds instead? Thankyou in advance

Answer
I did not like this the last time I got this question. I do not believe this. I would put the money into a good mutual fund, where all is verified, and checked. You could go to the public library and read the Morningstar book. Better do this in person, since this is several thousand pages. I think this is much better choice. There are mutual funds that have averaged close to this return for longer period of times, and these are liquid funds.

Dr. Joseph deBeauchamp

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