My Weekly Special
THE SPIRIT OF CHRISTMAS
It’s the time to enjoy mulled wine at a carol concer t or Buck’s Fizz on Christmas morning, but could that bottle make money for you?
Did you see the headlines of a cask of rare whisky selling for £1m at auction after lying forgotten for 30 years? Before you think investing in whisky and wine is the fast track to a for tune – do tread carefully…
Most of us have probably bought a bottle of champagne or wine and kept it for a special occasion but unless you go down the investment route you’re unlikely to make money.
Unless you’ve got serious cash to splash – which is highly unlikely for many of us in the current cost of living crisis – it’s best to steer clear of wine or whisky investment schemes.
This isn’t usually about forking out on one bottle – and it cer tainly won’t be a £5 or £10 bottle of supermarket plonk – but crates and casks of the stuf f.
This means you may have to fork out substantial sums, along with potential storage costs, and be prepared to sit tight for the long haul – and we’re talking many years. These kinds of investments are considered ver y risky and are often ripe for scams which means your money could end up down the drain.
Far better to buy what you enjoy, and there’s plenty of supermarkets now offering great deals on wines and fizz.
Most of us typically spend £5 to £7 at a time on a bottle of wine, and up to £10 at special occasions like Christmas. I scour the supermarket shelves for deals and special of fers, and it’s relative easy to snap up an £8 bottle for under £5.
When it comes to fizz, Champagne is much pricier than a bottle of bubbles in Prosecco form. Big names like Moet,
Veuve Clicquot and Bollinger especialy will set you back around £40 a bottle! However, you can save money if you’re happy to give the supermarkets’ own versions a go.
Aldi regularly tops taste tests with its range, with prices from under £15. My best buy and the one I always buy for our Christmas morning Bucks Fizz is Waitrose’s San Leo Prosecco, usually £9.99 a bottle (75cl), but you can often spot deals around £7.99 – and they do a great sparkling rose version too!