Myth: Wine investment is safe
Truth: The wine investment industry want you to believe this, after all it’s in their financial interest that you buy into this belief, but try telling this to the clients that lost huge amounts of money in this unregulated market. Try telling the clients of APW Asset Management Ltd that wine investment is safe. The company sold Australian wines to clients for investment and capital growth purposes, and it is the latest company to be wound up by the High Court in March 2015.