For The Love Of Port

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

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

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.

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.