Another dubious claim: invest in 2009 petit châteaux Bordeaux!
The Telegraph ran a piece on wine investment yesterday, which concluded thus:
During the financial crisis, investor interest continued to rise because wine, like gold, is a tangible asset. Prices dipped after Lehman Brothers collapsed in September 2008 but picked up again from the middle of last year as confidence returned to the City. Prices of top Bordeaux at Berry Bros are also being driven by huge Chinese demand.
"China has a new thirst for the top 20 brands from Bordeaux," Mr Staples said. "Lafite is going up 15pc or 20pc a month in just about every vintage."
Start your investment with a 2009 Bordeaux from Telegraph Wines'
If you click on Telegraph Wines you go to an offer of 2009 petit châteaux from Averys of Bristol (owned by the UK's largest wine mail order company. These wines may prove to be an investment in pleasure but they will certainly not be a financial investment. Misleading and irresponsible both by the Telegraph and Avery's of Bristol particularly given that the ad came immediately after an article trumpeting the financial returns possible from top Bordeaux.