Unraveling the Mystery: A Comparative Study on Wine Investments via Vint and Vinovest
Looking to add some exclusivity to your investment portfolio? Ever considered wine? Wine can be a great long-term investment, and there are platforms out there that make it easy to get started. Let’s dive into two popular ones: Vint and Vinovest.
Vint is a platform where you can start investing in wine collections from all over the world, even without being a certified investor. By purchasing shares for as little as $25, you get easy access to the world of wine investments. With Vint, you don’t have to worry about the hassles of sourcing or storing the wine – they take care of it all.
It also comes with some cool features. For example, there aren’t any annual fees – Vint earns by charging a small commission after each funding round. It regularly unveils new collections from various world regions and is a SEC-regulated company. Plus, they ensure your wine is stored safely and permit investment via self-directed IRAs.
Now Vinovest, situated in LA, takes on a different approach. They build custom portfolios for investors with ticket sizes starting at $1,000. They have a team of experts who analyze thousands of data points to get your portfolio right. Vinovest doesn’t just help you invest, they ensure your wines are authentic, insured, and well-stored.
Some of Vinovest’s features include a choice of portfolios based on risk tolerance, ability to trade wine, and availability of investments from $80. They’ve got a team of advisors ready to help you out with any queries, a referral program, and even offer trading in wine futures for top-tier clients.
Keep in mind, though, their fees can be quite a handful. For starters, they charge an annual management fee that varies across different plans. Buying and selling wine on the marketplace also incurs certain transaction charges. Additionally, if you decide to liquidate your investment within three years of the original purchase, there’s a significant early sale penalty.
In terms of customer service, Vint uses a website live chat widget that operates during the week, and Vinovest offers support via email or phone, with the ability to schedule a call with an advisor.
On the whole, both Vint and Vinovest are excellent platforms for broadening your investing horizons. Who’s the right one, you ask? If you’re just starting out and are a little risk-averse, Vint might be for you. Vinovest, with its wide array of features and options, could attract more experienced and serious investors.
