228: Investing in Bordeaux "En Primeur" Wine Futures

Sam interviews Cult Wines CEO Tom Gearing for the second time (first appearance ILAB 161), to get a more specialized look at the most important wine region in the world. Bordeaux, France has an annual wine futures purchasing period called "En Primeur" and Tom explains how to get involved in this and find the best values for future wine profits. Then Sam and Derek talk about their thoughts on wine and how we've progressively covered this subject on ILAB. Sam also teases that he will give a first hand telling of his experience at En Primeur in the next episode as Sam actually attended the event and was able to sample over 100 wines from the barrel. Listen to ILAB 228 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Cult Wines Wine Investment Patreon ILAB Cult Wines Promo Link ILAB 161: Cult Wines - Tom Gearing - Invest Like a Boss Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 13:10 – Is this “En Primeur” 2021 or 2022? 14:10 – Is this event unique to bordeaux? 16:17 – What happens at “En Primeur” week? 19:18 – Who can go or would you expect to see at the event? 20:50 – Are all the local growers participating? 25:35 – How much of the chateau’s production is sold at “En Primeur”? 28:33 – How does the tasting and buying work? 34:20 – Does the release price change every year? 39:52 – Can anyone attend the event? 42:25 – Historically, has allocation yielded a positive return? 47:35 – Is there a plan to how much of Cult Wines purchasing is allocated to “En Primeur”? 52:57 – Patreon question: Are you working with Blockchain technology to track wines? 54:11 – Patreon question: Is there a solution to being denied cards even with a high enough credit score? 57:45 – Any wines you are particularly interested in? 60:04 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.

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Interviews with the world's best investors and find out what they are currently investing in whether it be the stocks, retirement accounts, Wealthfront, Betterment, Vanguard, mutual funds, real estate, Forex, REITs, or other types of Investing methods. Millionaire and Entrepreneur Sam Marks, Johnny FD & Derek Spartz invest alongside listeners as they share their personal portfolios as they save their hard earned money for travel, life and retirement. Invest Like a Boss covers all aspects of investing in the modern age in a fun, entertaining way. The show hosts interview the worlds best investors, financial Insiders, entrepreneurs and CEOs to find out what they are investing in and strategies to gain outsized returns. In this modern age of investing, new investment instruments are popping up each day, from P-2-P lending, to robo-advisors, equity crowd-funding to REITS. Investors today need to combine centuries of investment wisdom with an modern outlook and approach. Entrepreneurs Sam Marks, Johnny FD & Derek Spartz each took different paths to success to now focus on learning how to invest alongside the listeners in order to put their hard earned money to work. Copyright Invest Like a Boss Inc.