4 Wine Investing Tips | investing

Simple in theory – purchase sought wine and resell it later at a profit – yet a bit more complicated in practice, wine investing is not for everyone. Investments in wine can be highly profitable, return investments having increased by 269% from 2005 to 2010, yet only if done right. And do to things right you need to be a lover of wines yourself, to know the market, to have connections, in short, to know what you are doing. Here are some tips for starters.Invest the Right Amount and Be PatientTo earn significantly from your investments in wine you’ll have to invest thousands of pounds. Yet you can get nice returns on your investments even when you put in less money. You have to be realistic though. A thousand-pound investment, well placed in demanded bottles, may bring you twice or thrice as much, but only in a few years. The returns on wine investments are significant, but they usually come slower than with other types of investments.Don’t Bother If You Don’t Like WineA good wine investor is savvy about wines, necessarily a connoisseur. Not being passionate about the drink yourself means that you won’t probably take the trouble to keep up with the latest developments in the industry, the harvest predictions, the most sought bottles and so on. What’s more, if you love wines you always have something to fall back on if the investment doesn’t work: drink the wine yourself.Investing On Your Own Is HardStarting a new investment is always difficult, and especially when it comes to wine. As already said, knowing about fine wines is imperative to making money out of wine investments, and being all by yourself in the beginning, when it’s the hardest, is challenging. Your partner or partners don’t have to be necessarily wine experts – they just need to have the pocket and willingness to invest. Remember though that there is always an alternative when you’re on your own: wine investment funds.Be Ready to Pay For More Than BottlesOne of the most costly things about wine investing is storage. Fine wine must be kept in ideal storing conditions if it is to mature, realizing its full potential. What’s more, there are transport costs to consider, especially if you don’t live in mainland Europe. The best wines for investments are usually produced in France, and if you want to sell them elsewhere, which is likely, you’ll need to support additional transport costs.Finally, when first starting your wine investing, consider well your investment options, and whether investment funds or trusts are not safer until you become familiar with the market and its players.

Translation Services Expand Your Business Potential

So far, your business has shown steady growth and you are ready to grab your piece of the global market. However, once you begin your campaign to other countries you should realize that the potential clients may have difficulties in understanding what your product or service is and what it does. The reason this is true, is that even if English is the major language throughout the business world, only around 25 percent of the world speaks English. This means your information will be mumbo jumbo to 75 percent of the world. The only way to reach the vast population of individuals that do not speak English is with the aid of a translation service. Of course, this goes the other way as well, if you wish to reach the English speaking countries you may need your information translated into English. Either way, a professional translation service will be able to provide you with high quality translations that will ensure that all individuals will be able to receive your material in their native tongue.In the United States, a recent report stated that many US companies are losing billions of dollars per year due to incorrect or inept language translations. These documents are a reflection of the company, thus if the material is not proper, individuals will not be able to trust the company. If they cannot ensure their own documents are readable in the foreign language, how will they ever be able to meet the needs of customers that speak that language?If you have a particular country or countries you wish to market your product or service, then you need to find a translation service that speaks and writes both languages fluently. Just because a person can speak, the language fluently does not ensure they can write the language correctly. Always ask for a sample by providing one of your documents. Remember, languages often change whereas a word can have new meanings or may not be used in the same way it was years before.In order to translate the material properly you will need both a translation service that has been in business for a while with references. You should be able to communicate in your own language to explain the document you wish translated so you can convey the message you wish others to read and understand. The true answer is to use a reputable and reliable translation service that understands the importance of your material.You should be able to work with the team of translators to ensure that your document is understandable and correctly worded for those that will be reading your material. Remember, you can always ask questions during the translation process if in doubt. Lastly, if you really need a rush job then that is one thing, but if you can wait, please give the translators the time they need to ensure your material will be perfect.


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