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Investment Wine
Investment wine, like gold bullion, rare coins, fine art, and tulip bulbs, is seen by some as an alternative investment other than the more traditional investment holdings of stocks, bonds, cash, or real estate. While most wine is purchased with the intent of consuming it, some wines are purchased with the intention to resell them at a higher price in the future. A wine's value often goes up as time passes and consumption increases as the market becomes tighter and access to ''good wine'' is more elusive. Background Wine investment is usually conducted through one of two main methods. The first involves purchasing and reselling individual bottles or cases of particular wines (wine for investment tends to be sold in sets of 3, 6, 9, 12, or 13). The other option is purchasing shares in an investment wine fund that pools the investors' capital. In the former instance (directly buying specific cases of wine), it is recommended that inexperienced investors work with a broke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Bullion
A gold bar, also known as gold bullion or a gold ingot, is a quantity of refining, refined metallic gold that can be shaped in various forms, produced under standardized conditions of manufacture, labeling, and record-keeping. Larger varieties of gold bars, produced by casting molten metal into molds, are called Ingot, ingots. Smaller bars are often created through minting or stamping from rolled gold sheets. Central banks typically hold the standard Good Delivery gold bar in their Gold reserve, gold reserves and it is widely traded among bullion dealers. Additionally, the kilobar, weighing , and the gold bar are popular for trading and investment due to their more manageable size and weight. These bars carry a minimal premium over the spot price of gold, facilitating small transfers between banks and traders. While most kilobars have a flat appearance, a preference for brick-shaped bars exists among some investors, particularly in Europe. Types Gold bars are classified ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veblen Good
A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own. Background Veblen goods are named after American economist Thorstein Veblen, who first identified conspicuous consumption as a mode of status-seeking (i.e., keeping up with the Joneses) in ''The Theory of the Leisure Class'' (1899). The testability of this theory was questioned by Colin Campbell due to the lack of complete honesty from research participants. However, research in 2007 studying the effect of social comparison on human brains can be used as an evidence supporting Veblen. The idea that seeking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Cycle
Business cycles are intervals of general Economic expansion, expansion followed by recession in economic performance. The changes in economic activity that characterize business cycles have important implications for the welfare of the general population, government institutions, and private sector firms. There are many definitions of a business cycle. The simplest defines recessions as two consecutive quarters of negative GDP growth. More satisfactory classifications are provided by, first including more economic indicators and second by looking for more data patterns than the two quarter definition. In the United States, the National Bureau of Economic Research oversees a Business Cycle Dating Committee that defines a recession as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." Business cycles are usually thought of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wine Fraud
Wine fraud relates to the commercial aspects of wine. The most prevalent type of fraud is one where wines are adulterated, usually with the addition of cheaper products (e.g. juices) and sometimes with harmful chemicals and sweeteners (compensating for color or flavor). Another common type of wine fraud is the counterfeiting and relabelling of inferior and cheaper wines to more expensive brands. A third category of wine fraud relates to the investment wine industry. An example of this is when wines are offered to investors at excessively high prices by a company, who then go into planned liquidation. In some cases the wine is never bought for the investor. Losses in the UK have been high, prompting the Department of Trade and Industry and Police to act. In the US, investors have been duped by fraudulent investment wine firms. Independent guidelines to potential wine investors are now available. In wine production, as wine is technically defined as fermented grape juice, the term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kiplinger's Personal Finance
''Kiplinger Personal Finance'' ( ) is an American personal finance magazine published by Kiplinger since 1947. It claims to be the first American personal finance magazine and to deliver "sound, unbiased advice in clear, concise language". It offers advice on managing money and achieving financial security, saving, investing, planning for retirement, paying for college, and major purchases like automobiles and homes. History W.M. Kiplinger, founder of the Kiplinger family of publications, said he founded the magazine because "The times will always be changing. Much of life and work consists of looking for the changes in advance and figuring out what to do about them." Upon initial production, the magazine was known simply as ''Kiplinger Magazine'', changing its name to ''Changing Times: The Kiplinger Magazine'' in 1949 and acquiring its present name in 1991. Much like ''Forbes'' magazine, ownership of the Kiplinger's franchise was kept in the family until the sale of Kiplinger to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an international border with the Mexico, Mexican state of Baja California to the south. With almost 40million residents across an area of , it is the List of states and territories of the United States by population, largest state by population and List of U.S. states and territories by area, third-largest by area. Prior to European colonization of the Americas, European colonization, California was one of the most culturally and linguistically diverse areas in pre-Columbian North America. European exploration in the 16th and 17th centuries led to the colonization by the Spanish Empire. The area became a part of Mexico in 1821, following Mexican War of Independence, its successful war for independence, but Mexican Cession, was ceded to the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its south. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-most land area. Its capital city is Springfield, Illinois, Springfield in the center of the state, and the state's largest city is Chicago in the northeast. Present-day Illinois was inhabited by Indigenous peoples of the Americas#History, Indigenous cultures for thousands of years. The French were the first Europeans to arrive, settling near the Mississippi and Illinois River, Illinois rivers in the 17th century Illinois Country, as part of their sprawling colony of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburgh Post-Gazette
The ''Pittsburgh Post-Gazette'', also known simply as the PG, is the largest newspaper serving Greater Pittsburgh, metropolitan Pittsburgh in the U.S. state of Pennsylvania. Descended from the ''Pittsburgh Gazette'', established in 1786 as the first newspaper published west of the Allegheny Mountains, the paper formed under its present title in 1927 from the consolidation of the ''Pittsburgh Gazette Times'' and ''The Pittsburgh Post''. The ''Post-Gazette'' ended daily print publication in 2018 and has cut down to two print editions per week (Sunday and Thursday), going Online newspaper, online-only the rest of the week. In the 2010s, the editorial tone of the paper shifted from Liberalism in the United States, liberal to Conservatism in the United States, conservative, particularly after the editorial pages of the paper were consolidated in 2018 with ''The Blade (Toledo, Ohio), The Blade'' of Toledo, Ohio. After the consolidation, Keith Burris, the pro-Donald Trump, Trump editori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eugene Register-Guard
''The Register-Guard'' is a daily newspaper in the northwestern United States, published in Eugene, Oregon. It was formed in a 1930 merger of two Eugene papers, the ''Eugene Daily Guard'' and the ''Morning Register''. The paper serves the Eugene-Springfield, Oregon, Springfield area, as well as the Oregon Coast, Umpqua River valley, and surrounding areas. As of 2019, it had a supposed circulation of 18,886 daily. The newspaper has been owned by Gannett, The Gannett Company since Gannett's 2019 merger with GateHouse Media. It had been sold to GateHouse in 2018. From 1927 to 2018, it was owned by the Baker family of Eugene, and members of the family served as both editor and publisher for nearly all of that time period. It is Oregon's second-largest daily newspaper and, until the 2018 sale to GateHouse, was one of the few medium-sized family newspapers left in the United States. History Establishment ''The Guard'' was launched in Eugene, Oregon, Eugene City on Saturday, June 1, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Wine
Port wine (, ; ), or simply port, is a Portuguese wine, Portuguese fortified wine produced in the Douro, Douro Valley of Norte, Portugal, northern Portugal. It is typically a sweetness of wine, sweet red wine, often served with dessert wine, dessert, although it also comes in dry, semi-dry, and white varieties. Other port-style fortified wines are produced outside Portugalin Argentina, Australia, Canada, France, India, Italy, South Africa, Spain, and the United Statesbut under the European Union Protected Designation of Origin guidelines, only wines from Portugal are allowed to be labelled "port". Region and production Port is produced from grapes grown and processed in the demarcated Douro region. The wine produced is then fortified by the Mutage, addition of a neutral grape spirit known as aguardente#Portugal, aguardente to stop the Fermentation (wine), fermentation, leaving residual sugar in the wine, and to boost the Alcohol (drug), alcohol content. The fortification sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cult Wine
Cult wines are wines for which dedicated groups of committed enthusiasts will pay large sums of money. Cult wines are often seen as trophy wines to be collected or as investment wine to be held rather than consumed. Because price is often seen as an indicator of quality, sellers may adopt a premium pricing strategy where high prices are used to increase the desirability of such wines. This is true even for less expensive wines. For example, one vintner explained that "on several occasions we have had difficulty selling wines at US$75, but as soon as we raise the price to US$125 they sell out and get put on allocation".''Decanter'' (June, 2006). "Cape crusaders". pp. 90 & 92 California cult wines California cult wines refers to any of the California wines "typically but not exclusively Napa Valley Cabernets" for which collectors, investors and enthusiastic consumers will pay high prices. The emergence of the cult movement coincided with trends in the 1990s towards riper fruit and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
