For less than $100, US-based investors can buy a piece of hand-picked collections of fine wine through Vint (vint.co).
This Vint review will tell you more about Vint as an investment option, such as how things are set up and what your possible returns might be.
Vint Overview
Invest in Fine Wine and Rare Spirits.
- No Management Fees or Access Tiers
- Collections Curated By Experts
- Exposure To Diversified Assets
- Buy Shares, Receive Proceeds Upon Sale
The new investment platform Vint gives wineries hope that they will be able to make more money. Vint has a unique idea: the company puts together a collection of wines, and people can buy shares in it for as little as $10 each. The company stores the wines for a few years, then sells them and gives the money back to the investors.
Vint picks investment-grade collections of wine with the help of a board of wine experts and stores them in bonded and insured facilities on behalf of investors.
Why Invest In Wine?
When most people think about investing, they think about stocks, bonds, and real estate. But there are a lot more asset classes to explore, and many of them may surprise you.
Fine wine is a type of collectible that can be a good alternative investment. It can give you good returns and help you diversify your portfolio.
The phrase “gets better with age” comes from the fact that some wines get better as they age. By buying and storing expensive bottles of this liquid gold in the right way, investors can take advantage of the fact that the quality of wine is getting better and that it might be profitable. But the price is usually a barrier to entry, since collections that can be invested in can cost tens or even hundreds of thousands of dollars.
Vint Gives You An Investment Alternative
When you invest on Vint, you buy a small share of a certain collection of fine wines. About every two weeks, Vint puts out new collections for investment. An advisory board made up of fine wine experts and experienced wine investors picks and reviews the collections. Most collections are worth between $30,000 and $200,000 all together.
Nick King, co-founder and CEO of Vint, advises that wine is a good investment because it has done very differently than other investments in the past. Wine can do better or worse than stocks and bonds in different years, but it doesn’t seem to follow the same macroeconomic signals. He wants to make wine investing as easy as Coinbase so that anyone can buy shares on their phone.
Is Vint Legit?
Yes, Vint is “legit” in the sense that it is a real US business that gives US investors over the age of 18 a real alternative way to invest their money. Fine wine is a real alternative asset class that can be invested in, and there is a lot of historical data on prices and returns.
Each offer to investors is backed by a circular that has been approved by the Securities and Exchange Commission (SEC). The investors don’t get the wine themselves; instead, they get shares that Vint hopes will go up in value as the wines become more valuable.
Investing on Vint is done through “Tier 2” of SEC Regulation A+. Reg A+ offerings must be registered with the SEC, which requires firms to send out detailed offering circulars and follow a number of financial disclosure rules.
Vint Breaks Down Barriers
In the past, only wealthy people who had the time and money to travel to Napa Valley, Tuscany, or Bordeaux in search of deals on high-quality wine collections could invest in wine. When the Internet came along, it took away the need to travel, but there were still two major barriers to entry:
- Cost. You could spend thousands of dollars on a single bottle of high-end wine. Some of the best collections to buy as an investment cost between tens of thousands and hundreds of thousands of dollars. The average investor doesn’t have access to that kind of cash.
- Storage. High-end wines are only worth their price if they stay good. Wine needs to be kept in a certain way, but most people don’t have the right kind of wine cellar in their homes. That’s another big investment that needs to be taken care of over time.
Both of these problems can be solved by Vint:
- You can buy a single share of a quality wine collection through Vint for as little as $10. The money you spend on wine here won’t break the bank.
- Every bottle of wine that you buy from Vint is kept in a climate-controlled cellar. This protects your investment for the long term.
Vint’s Experts
Investment-grade wine isn’t just a drink to enjoy with coworkers, friends, and family. It can also be used to make money. Fine wines are like works of art. Even the smallest differences in taste can make the difference between a high-quality, $10,000 wine bottle and a $7.99 boxed wine special.
Even if you are a sommelier or just like fine wine, it will be hard to find the best investments in the space without a lot of research.
Vint takes care of that for you. A group of experts in the wine business are hired by the company to put together collections of high value. When you buy shares of one of the company’s collections, you can be sure that it is of the highest quality.
For its curation services, Vint does charge a sourcing fee that ranges from 6% to 8%. But it’s also so sure of its investment choices that it buys up to 10 percent of the value of each collection’s worth in shares for its own holdings.
When Does The Investment Pay Off?
Vint plans to keep each of its collections for 3 to 7 years and then sell them to the best buyer. This is how it plans to make money. Vint doesn’t have to sell all of its wines at the same time.
Shares in a Vint wine investment collection can’t be sold on a secondary market right now, but the company says they plan to do so in the future.
Vint Keeps It Simple
The Vint platform looks pretty simple at first glance. Once you start using it, you’ll probably come to appreciate how simple it is. Vint doesn’t have any extra features that take up space that you don’t need. It only has what you need, strategically placed where you need it.
This simple approach makes the experience easy to use and makes the platform easy to learn.
Bottom Line
Vint is a good choice for investors who want to add different kinds of investments to their portfolios. Wine has a good track record of making solid gains over time, and prices on the market tend to be more stable than stock prices.
Wine investment returns may sometimes be higher than market returns, but liquidity problems will make it hard for you to get your money whenever you want. In the end, wine is a great way to spread out your investments, but it can’t replace a well-balanced investment portfolio with stocks, bonds, and investment-grade funds.
Compare Vint with one of its main competitors, Vinovest. See more investment options and offers here.
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