Passively investing in wine interests… Passively investing in wine interests me greatly. I am not very knowledgeable about wine and which wines to buy. Vinovest has allowed me to build a small portfolio of wines. I will say that the fees do add up, especially if your portfolio is below a certain amount. For someone with a longer investing horizon having and buying wines into a portfolio is a good way to protect capital and grow it.

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.

Vinovest is scam Vinovest is scam. When you ask to close your account, you have to liquidate your assets but after 2 months of my wine not selling, will I ever see my money? I put in enough to buy a case with some leftover and without consultation or auto invest set up they bought another case of wine with my money. Also, I haven’t made any money but lost money so I would like to get out before I lose more money but you can’t get your money back.

Do not invest with Vinovest EDIT: Swift onboarding, bad experience afterwards. Pulled my money away three weeks after my investment due to lack of transparency and bad customer support. Have not received my money refund yet, so we will se how that process goes. My advice: don't invest with Vinovest if you don't personally know someone who has invested and exited happily, and who can vouch for this company.

investor review I’ve been investing with this company for the last couple of years and have been very happy with it. I’m up reasonably well, well diversified, and it’s an asset class I normally wouldn’t have access to.