United StatesDon’t let the stock market take you for a ride. Diversify your wealth with wine and whiskey, and watch your money get better with age. Why invest in wine and whiskey? - Instant portfolio diversification - Robust recession resistance - Rare low-risk, low volatility - 100% ownership of assets Vinovest is an online platform that allows you to buy, sell, and store fine wine and whiskey. Manage your portfolio of world-class wine and whiskey from your phone. Stay connected to the international marketplace and the latest industry developments. Vinovest's extensive global network gives you access to private sales and limited releases, often below retail price. How It Works Step 1: Fill out our 1-minute assessment. Then, our team selects top-performing wines and whiskeys that match your unique investing goals. Step 2: We source, authenticate, insure, and store your wine and whiskey for you. Step 3: Watch your portfolio grow. Step 4: We notify you when it's the best time to sell (or even drink) your assets. FAQ Can I invest in Vinovest if I don't live in the US? Yes, Vinovest is available to anyone who can legally purchase alcohol. What is the minimum amount I need to invest? There is no minimum deposit amount to start a trading portfolio. The minimum to open a managed portfolio is $1,000 What methods of payment does Vinovest accept? Vinovest accepts bank transfers, credit cards, wire transfers, paper checks, and cryptocurrencies. What are the management fees associated with my Vinovest account? The management fee depends on your investment tier. The current fee structure is as follows: Standard Tier - 2.50% Plus Tier - 2.35% Premier Tier - 2.15% Grand Cru Tier - 1.90% The fee covers insurance, storage, authentication, and active management of your portfolio. Fees are prorated across the year and only charged on the invested capital in your account. When do I sell my wine and whiskey? We take care of that for you. When your wine and whiskey reach their ideal selling window, we reach out to our global network of buyers to secure the highest price on your behalf. Can Vinovest ship wine and whiskey in my portfolio to my home address? Yes, we can ship bottles from your portfolio directly to your home (or any other address that can legally be shipped to).
BAD EXPERIENCE-SCAM?
Awful experience. From the get go, app does not work well, logs you out every time. Fees are so high that any gains you see are used to cover them. I finally listed my wine for sale. Wine was put in pending sale status in February. Two and a half months later no update, no money. Customer service can’t give any timeline, just a copy and paste response. Customer service has no telephone number. TAKE YOUR INVESTMENTS ELSEWHERE.
United StatesAvoid
I understand wine is long term and values fluctuate. However closing the account seems impossible. They charge fees originally from a cash balance and then charge an overdraft fee without warning that you need to add to the cash before charging it. No way to pause while you sell. Predatory way of charging and do not have customer in mind. Good way to lose a few thousand.
United StatesNot Liquid At All!!!
Despite the branding as an Everyman investing product, your investment is entirely illiquid and they make it difficult to ship or sell. It's unclear even how they mark your wines current value which is also suspect.
United StatesGreat alternative way to invest and diversify
I started investing in high-end wines using VinoVest and so far my return is a lot better than my 401K. I like that I don’t have to store the wine myself and risk bottle shock (or bottle consumption).
United Stateseasy to invest, impossible to divest
i don’t know if it’s literally a scam. but good luck ever selling your wine. meanwhile the monthly charges keep racking up.
United StatesRefund
I ask to close account nothing in they took 160 dollars I’m glad it was just a small amount and you cannot get ahold of anyone
United StatesApp is crashing after “Transactions” is selected
Hello. I just downloaded the Vinovest app (version 1.37.0) on an iPhone running iOS 17.4. The app is crashing 100% of the time after I select the “Transactions” option under wine. I posted this using my @RandomiOSBugs Twitter account. Please investigate if you can, makes it very hard for new users to browse the app.
United States
Bug fixes
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