Vinovest: Invest in Wine

Vinovest, Inc.

About this app

Don’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 $5,000

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).

Ratings and reviews

Investing in Vinovest securities (wine or whiskey) locks you into monthly storage fees that can often outpace the value of the security. Then, your options are all bad. Keep paying monthly storage, try and sell the securities on a very stagnant market platform, or have them ship your securities to you for an insane amount of money. I do not recommend this app. Additionally, they've been promising "tastings" from your whiskey securities for 5+ years and still haven't delivered on that.

Overall, the app looks good. However, there is a huge hidden fee for payments processing, which is not mentioned on the web site. When you top up the account you pay 4.92% fee. I assume that the withdrawal fee is similar. So, 9.84% fee altogether. Take it into account when you calculate the expected return on investment.

Totally stay away from this app. It is easy to put in money, but the returns are far from what they promised. Regardless positive or not, their fees will continue to dwindle your funds. The most damning thing of all in the difficulty in getting your money back. They will put you through hoops and all, frustrating you on the withdrawal process.