Comments on: How to be Smart with your Money and Invest $100,000 Wisely http://www.dailyreckoning.com.au/smart-money-invest-100000-wisely/2008/03/11/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Coffee Addict http://www.dailyreckoning.com.au/smart-money-invest-100000-wisely/2008/03/11/comment-page-1/#comment-11511 Coffee Addict Tue, 11 Mar 2008 00:10:33 +0000 http://www.dailyreckoning.com.au/smart-money-invest-100000-wisely/2008/03/11/#comment-11511 Small boutique wineries tend to do well if they are linked to a quality restaurant and a well laid out cellar door that can accommodated tourist coaches. The winery also has to be located in a spot which is popular with tourists. Doing a university based course in winemaking and viticulture would also be wise. Viticulture and wine making is both a long term business and a lifestyle choice. There isn't a future in just growing grapes as the big guys have it all stitched up. My advice would be to work in any industry for at a year or so before diving in. Back to the basics: - further education and active management of a business niche (one that is not overly sensitive to business cycles ) will generally beat any "hands off" investment strategy during a recession. Small boutique wineries tend to do well if they are linked to a quality restaurant and a well laid out cellar door that can accommodated tourist coaches. The winery also has to be located in a spot which is popular with tourists. Doing a university based course in winemaking and viticulture would also be wise. Viticulture and wine making is both a long term business and a lifestyle choice. There isn't a future in just growing grapes as the big guys have it all stitched up.

My advice would be to work in any industry for at a year or so before diving in.

Back to the basics: - further education and active management of a business niche (one that is not overly sensitive to business cycles ) will generally beat any "hands off" investment strategy during a recession.

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