TMCnet News
Vincast, the Wine Valuation Platform, Delivers On-Demand Data to Wine InvestorsFor the first time in the wine industry, investment-grade analytics are available to anyone with a passion for wine and a desire to protect their investments. Vincast, founded by physicist Joseph L. Breeden, PhD, is a platform that provides wine investors with data such as history of auction prices, collectability scores, market indices, and return-on-investment forecasts. The developers of Vincast were all wine lovers, but not collectors. For stocks, bonds, and commodities, detailed information is available to the investor enabling solid long-term decision making and planning. Other collectables have price guides and histories. Wine collecting needed to catch up. In order to collect and invest in wines with confidence, the developers of Vincast started gathering historic wine data. But historic data on scattered auctions does not provide an overview of the wine market or expectations of future value. Wine ratings can tel you which are the most delicious, but not which will grow best in value. Therefore, Vincast was created in partnership with the world-leader in vintage analytics, Prescient Models LLC. Leveraging Prescient Models' unique analytical technology. Vincast by Auction Forecast was recently featured on NBC News as wine investment experts weighed in on the state of the wine industry. The Vincast team presents a compelling case as to why investing in wine is a smart move. "Because the Chinese stock market crash has effectively brought down prices in the fine wine market, the near future may be an excellent opportunity for interested investors to get into the fine wine market to reap rich rewards over the long run," writes Sisi Liang, senior analyst for Vincast. Savvy investors looking for creative ways to profit and diversify may find a buying opportunity in fine French wines. With emerging market conditions, a quality bottle from a good vintage can expect higher long-term value appreciation than has been possible for many years. Sign up to try it for free and find more market insights on the Vincast blog.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151006007031/en/ |
