Vinovest

9900 Culver Blvd, 90232, Culver City, United States
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2.85
Based on 20 Reviews

5

30.00%

4

10.00%

3

15.00%

2

5.00%

1

40.00%
About Vinovest

With 13.6% annualized returns over the past 15 years, the fine wine market has outperformed most global equities and is less volatile than real estate or gold.

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Garth Woods
GB

Love the concept, but.... Love the concept, became an investor in June of 2021 and my $12k portfolio declined in value immediately. Between fees and lack of appreciation, I am not still under water on my investment, almost a year and a half later. Just be aware that gains are not guaranteed, and you may lose money.

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Olivier
NL

Great Concept, needs further refinements. I enjoy the concept, and very much like it. I would like to see some more features on the platform, perhaps something interactive. Also, your process to deposit funds is very poor, either need to automate, streamline or produce proper SOP's on how to deposit. Limiting your bank details to a single country limits your reach and willingness of people to invest. especially considering that, in my case, the wines are stored in Europe, yet need to invest in USD from Singapore....

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Jack
GB

Do not invest with this company Do not invest with this company! I have been contacting support weekly to try to liquidate my "managed portfolio", and have not gotten a single response. What good is an investment if you can't liquidate it, or even contact the people who hold your investment. I 100% regret investing with Vinovest.

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D MC
GB

Great experience all around! I received an email with an offer to get started on investing in whiskey barrels. I made some deposits to start and wasn't sure what happens after that. Hunter responded to an email I sent and helped ensure everything went through and took time to respond to additional questions as well. He was clear and made sure I understood the process fully and helped my transactions go through. I look forward to seeing how these invenstments pay off.

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Dave
GB

Get Out While You Can I first opened my Vinovest account in August of 2020 with ~$5,000 in deposits. About a month ago, I decided to add another $5,000 to my existing Vinovest account in order to expand my wine portfolio. Three weeks later, Vinovest moved the money out of my wine account and used it to buy Whiskey investments without my knowledge or consent. I had not made any investments in Whiskey prior to this and had no intention of doing so. I sent three messages to Vinovest customer support asking that this transaction be reversed but have not heard anything from the company in weeks. I am now trying to liquidate all assets I have with Vinovest and have discovered that there is no option on their site to sell the whiskey they purchased with my money. My wine portfolio has now been listed for sale but the estimated value of the wines (in my portfolio for the past 3.5 years) somehow mysteriously dropped within an hour of listing them for sale. It remains to be seen if I will ever get any money back from this company...And wouldn't you know it, Vinovest has no posted phone number to reach out to when multiple messages are ignored. If you haven't given your money to this predatory company yet, don't.

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