NEW YORK (FOX 5 NY) - If the stock markets' wild ride this January is starting to make you sick, maybe it's time to consider a little "winevesting," i.e. investing in wines. At Sherry-Lehmann on Park Avenue in Manhattan, you can put your money in Bordeaux wine futures, buying the 2015 vintage straight out of the barrel before it's bottled and shipped.
In April of every year, Chris Adams, the CEO of Sherry-Lehmann, travels to Bordeaux with other wine merchants and the press to taste barrels of the previous vintage. This April they'll try the 2015 vintage, harvested last fall. They'll share their opinions on the wines and prices will be set. Those 2015 wines will be available for investment this summer, then will be bottled in 2017, and shipped in 2018.