Futures?

Ok gang, I read my FeedBurner stats so I know there’s a few of you who actually subscribe to this blog. Who knew? So now I have questions for you.
Kevin & I are very intrigued by the idea of investing in Bordeaux futures. Here’s how we understand it all to work. For example’s sake, let’s say we invest in two cases. We keep one, because I hate to part with any wine, and we sell one. We take the money we make from selling and buy some incredible wine, like a Chateau d’Yquem or something that would normally be out of our price range. (Then we take that bottle and stare at it in awe for a while.) So far so good?
The thing is, we don’t really know that much about Bordeaux. I tend to love it when I have it. There’s always a wonderful earthy taste that I really enjoy. But as far as which Chateau to buy? Which region? We haven’t the foggiest. How on earth do you choose when a wine hasn’t even been released yet? All I know is that a case of Mouton-Rothschild is out of the price range. Advice and suggestions warmly welcomed in the comments and via email.

Technorati Tags: Bordeaux, Bordeaux 2005, Bordeaux Futures, Wine

3 Responses to “Futures?”

1. Jeff Cleveland says:

   June 8, 2006 at 11:12 pm

   I have no experience purchasing futures of any kind but I’m excited to hear what others have to say. Maybe I’ll end up buying some futures of my own.
2. MalB says:

   June 8, 2006 at 11:17 pm

   I am not sure about the Bordeaux futures but I too have fallen in love with the more rustic and earthy wines(particularly the reds) of the Bordeaux.
   As a novice at wine, especially Bordeaux’s, I have found Robert Parker’s book “Bordeaux: The comprehensive guide” to be a fantastic source of information about the various communes and Chateau and winemaking styles in Bordeaux. It is not cheap – it cost me around AUD$135 but it was worth it for me as I really wanted to buy quite a few different ones. I also did a short Bordeaux Wine Course, which helped a lot.
   I think it is important to try and understand the Bordeaux and Medoc classification system/s. I am trying and feel I am part of the way there through the 1st to 5th growths of the 1855 classication etc.
   In relation to the futures, I didn’t follow the link but the thought came to me as I was writing that they may be simply offering a place in the en-primeur offerings. I have placed a number of orders for the 2003 and 2004 Bordeauxs en-primeur. The price is quite a bit less than what they will actually retail for when released, however I do not think that this will be the case with the 2005 as everyone has been raving about the vintage.
   One good thing with the 2005 looking like it will be a hot item, it may make some of the back vintages a little cheaper as merchants and agents clear their stock to get the cash to buy the 2005s. There may be some bargains to be had??
3. The Corkdork says:

   June 11, 2006 at 8:29 pm

   You should know about the Wine House in San Francisco. They are available for mail order, and do lots of futures. http://www.wineaccess.com/store/winesf/welcome.html
   If you sign up for the newsletter, it has very good recommendations. I bought 2001 Sauternes futures (not Yquem, but lots of others) and the prices were excellent. You just need the patience of a saint! – CD

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