A reason not to invest in wine in the United States

[Eric Menchen]

I've never really bought wine with the intention of selling it. I'm buying to drink it someday. But today I was looking at a different investment and discovered it was considered a "collectible," as is fine wine. The net result for me is that if I were to sell wine at a profit, the tax rate will be 28%, vs. 15% for things like stocks (both assuming long term gains).
http://www.investopedia.com/articles/pe ... -taxed.asp

[Lindsay E.]

Thanks for posting this, Eric. I found this info very useful.

[Eric Ifune]

In Europe, and especially in the UK, wine investment funds have been going for some time now. They followed the boom and bust swings as did other collectables.

[Thomas V]

I am glad this isn't the case in Denmark. While I purchase mostly for my own consumption I do occasionally add or buy a few bottles when I see a good margin to be made and I can use the positive margin to pay for my own drinking and cellar.