Avoid France: A Spend Management Tip for U.S. Wine Collectors This Holiday Season

I don't know about you, but I've been shocked at the booming prices for French wine of late. Let's face it, for the purist collector, there is nothing better (and I say that as someone who loves California wines as well). But I simply can't justify spending the type of money that a top end Bordeaux or Burgundy commands anymore -- even to put down in the cellar as an investment. Thanks to the feeble and faltering dollar and rising global demand, the cost of many first growths now reaches to $1,000 a bottle and beyond. And that's the future's price! Check out this listing of 2006 futures pricing to see what I mean. With the 2006 futures for my absolute favorite Bordeaux, Chateau Ausone, going for $32,928.00 for a case of twelve bottles -- yes, you read that correctly -- methinks I should start to better appreciate the Target Wine Cube this holiday season. 'Tis the season to be frugal (and not to have your wife divorce you over wine spending habits) ...

Jason Busch

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