VinovestReviews of vinovest.co

I have been an investor for one year. So far my investment has been a consistent loser. The wine experts buy wines through auctions and it appears they over-bid. Almost immediately after the wines are added to my portfolio, the wines lose value and remain losers. Negative returns from expert wine pickers has been my experience so far.

I just cashed out and lost approx. 5% in six months. You do need to play it longer for wine to work as an investment, but I don't see Vinovest working in the long run. It looks too good to be true and unfortunately is. They selected a bunch of meh wines for me, apparently by algorithm. I would never invest in these wines and not sure that they can actually be considered investable. Lower to mid range Burgundy, Bordeaux, Champange and Super Tuscans aren't exactly lighting the wine market on fire. Also, there are errors in the platform that were never fixed. Seriously, why can't it just provide an accurate valuation of your portfolio? The 5 star reviews all seem to be newcomers to the platform with the hope that I had. On the upside, I got most of my money out to put back into my own wine portfolio.