So what have you bought lately?
- Chateau Vin
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Re: So what have you bought lately?
It's almost 100000% return in 10 years. It seems unrealistic...
- Chateau Vin
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Re: So what have you bought lately?
Ignoring probability, I would say Power Ball...
- JimHow
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Re: So what have you bought lately?
Ok I will give you a clue as the BWE puzzle master...
If you take the first letter of the first word, and you take the first letter of the second word, you will have the first two letters of a wine-related French noun whose English translation is the adjective first word of a two-word Neil Young song.
If you take the first letter of the first word, and you take the first letter of the second word, you will have the first two letters of a wine-related French noun whose English translation is the adjective first word of a two-word Neil Young song.
Re: So what have you bought lately?
You're killing me, Jim...
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Re: So what have you bought lately?
LOL...
And I take back my assessment that Jacques may have answered it with California Winery, certainly the spirit of his answer does not answer it.
Extra credit if you guys can get the French-Noun/Neil-Young-Adjective....
And I take back my assessment that Jacques may have answered it with California Winery, certainly the spirit of his answer does not answer it.
Extra credit if you guys can get the French-Noun/Neil-Young-Adjective....
- Chateau Vin
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Re: So what have you bought lately?
Vieux/Old
Re: So what have you bought lately?
Vineyard Investment?
- JimHow
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Re: So what have you bought lately?
LOL...
Indeed, CV, such a high return in 10 years "seems unrealistic."
But remember, the question is:
What TWO WORDS offer up the MOST LIKELY way to turn $1 million at age 60 into $1 billion at age 70.
My buddy Ray and I were asking that question.
Obviously words like "stock market," "mutual funds," "stock options," etc., "soybean futures," etc., don't apply, especially when you factor in the 60-year-old participant.
"Most likely" could still mean "minuscule likelihood." Obviously, if it were easy to do it, everyone would.
And, again, I'm not talking about creating Facebook, or personal computers, or SpaceX, etc.
What is the "most likely" way to turn $1 million into $1 BILLION in TEN years. And throw in the age factor to see if it affects your answer in any way.
And remember:
If you take the first letter of the first word, and you take the first letter of the second word, you will have the first two letters of a wine-related French noun whose English translation is the adjective first word of a two-word Neil Young song.
Indeed, CV, such a high return in 10 years "seems unrealistic."
But remember, the question is:
What TWO WORDS offer up the MOST LIKELY way to turn $1 million at age 60 into $1 billion at age 70.
My buddy Ray and I were asking that question.
Obviously words like "stock market," "mutual funds," "stock options," etc., "soybean futures," etc., don't apply, especially when you factor in the 60-year-old participant.
"Most likely" could still mean "minuscule likelihood." Obviously, if it were easy to do it, everyone would.
And, again, I'm not talking about creating Facebook, or personal computers, or SpaceX, etc.
What is the "most likely" way to turn $1 million into $1 BILLION in TEN years. And throw in the age factor to see if it affects your answer in any way.
And remember:
If you take the first letter of the first word, and you take the first letter of the second word, you will have the first two letters of a wine-related French noun whose English translation is the adjective first word of a two-word Neil Young song.
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Re: So what have you bought lately?
1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
I guess for the same reason as with Jacque's answer, Stefan, I can't give it to you for "vineyard investment."
Also, your answer does not comply with the French-Noun/Neil-Young-Adjective requirement....
Edit: Actually, I should probably clarify that a little, the English word used as an adjective in the Neil Young song can also be used as a noun in English, the noun that I was thinking of, and that I think everyone would think of, as a noun in the French translation. Not up to speed on my French idioms I'm assuming but not sure whether the reverse is true, that is, that the French noun can likewise be used as a French adjective.
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
I guess for the same reason as with Jacque's answer, Stefan, I can't give it to you for "vineyard investment."
Also, your answer does not comply with the French-Noun/Neil-Young-Adjective requirement....
Edit: Actually, I should probably clarify that a little, the English word used as an adjective in the Neil Young song can also be used as a noun in English, the noun that I was thinking of, and that I think everyone would think of, as a noun in the French translation. Not up to speed on my French idioms I'm assuming but not sure whether the reverse is true, that is, that the French noun can likewise be used as a French adjective.
Re: So what have you bought lately?
Real Estate?
- JimHow
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Re: So what have you bought lately?
Jesus, thank the lord, somebody finally came up with the most simple of answers.
Yes.
REAL ESTATE.
Like, um, Donald Trumpster.
Neil Young's "Harvest Moon".
First Word: "Harvest," used as an adjective.
Translated in French, = "Recolte."
First two letters of "Recolte": R.E.
Real Estate.
Indeed, Stefan, the answer is: REAL ESTATE.
Like Donald Trump and numerous other billionaires have discovered, if you want to grow exponentially beyond the stock market, investing in REAL ESTATE is the way to go, MORE LIKELY than any other investment....
That's just MY opinion.
Maybe I need to create a late-night infomercial.
But yes, Stefan, congratulations:
The answer is indeed:
REAL ESTATE.
Well done!
(And I'm willing to give Jacques a percentage of the credit for coming up with "California Vineyard," which of course would be real estate, followed up by you, of course, with "Vineyard investment", but I think the best answer is:
REAL ESTATE.....
If you are 60 years old... and you don't want to get risky in the equities market... REAL ESTATE is the "most likely" or "best answer" to the question: If you want to turn $1 million at age 60 into $1 billion at age 70...." Hey, ask Donald Trump.
Now, hey, maybe you don't need to become a billionaire, maybe you're just comfortable being a "millionaire" in your 60s. but if you want to become a "billionaire" by age 70, then you need to develop a different non-stock-market related strategy....
And I'm not talking about "flipping" real estate, although I do know some people in Manhattan who have realized incredible gains by, say, buying a three unit building in Brooklyn for $700k, doing some renovations, and then selling for $2 million 14 months later. But even THEN you're not going to get to a BILLION in ten years. It has to be more than mere "flipping" of real estate.
sadly, the best answer is probably the Donald Trumpster model:
Take your $1 million and invest in REAL ESTATE, build up equity in as many properties as possible, and turn that $1 million into $1 billion of equity.
There are OTHER ways to become a billionaire.
But the "most likely"?
REAL ESTATE investment.
Yes.
REAL ESTATE.
Like, um, Donald Trumpster.
Neil Young's "Harvest Moon".
First Word: "Harvest," used as an adjective.
Translated in French, = "Recolte."
First two letters of "Recolte": R.E.
Real Estate.
Indeed, Stefan, the answer is: REAL ESTATE.
Like Donald Trump and numerous other billionaires have discovered, if you want to grow exponentially beyond the stock market, investing in REAL ESTATE is the way to go, MORE LIKELY than any other investment....
That's just MY opinion.
Maybe I need to create a late-night infomercial.
But yes, Stefan, congratulations:
The answer is indeed:
REAL ESTATE.
Well done!
(And I'm willing to give Jacques a percentage of the credit for coming up with "California Vineyard," which of course would be real estate, followed up by you, of course, with "Vineyard investment", but I think the best answer is:
REAL ESTATE.....
If you are 60 years old... and you don't want to get risky in the equities market... REAL ESTATE is the "most likely" or "best answer" to the question: If you want to turn $1 million at age 60 into $1 billion at age 70...." Hey, ask Donald Trump.
Now, hey, maybe you don't need to become a billionaire, maybe you're just comfortable being a "millionaire" in your 60s. but if you want to become a "billionaire" by age 70, then you need to develop a different non-stock-market related strategy....
And I'm not talking about "flipping" real estate, although I do know some people in Manhattan who have realized incredible gains by, say, buying a three unit building in Brooklyn for $700k, doing some renovations, and then selling for $2 million 14 months later. But even THEN you're not going to get to a BILLION in ten years. It has to be more than mere "flipping" of real estate.
sadly, the best answer is probably the Donald Trumpster model:
Take your $1 million and invest in REAL ESTATE, build up equity in as many properties as possible, and turn that $1 million into $1 billion of equity.
There are OTHER ways to become a billionaire.
But the "most likely"?
REAL ESTATE investment.
- Racer Chris
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Re: So what have you bought lately?
At Total Wine tonight:
1x 2014 Ch Talbot - $45
2x 2014 Ch Malescot St Exupery - $45
1x 2014 Ch Branaire Ducru - $45
2x 2014 Ch Grand Puy Lacoste - $54
1x 2014 Ch Calon Segur - $63
1x 2015 Ch de Chantegrive Graves - $18
1x 2014 Ch Talbot - $45
2x 2014 Ch Malescot St Exupery - $45
1x 2014 Ch Branaire Ducru - $45
2x 2014 Ch Grand Puy Lacoste - $54
1x 2014 Ch Calon Segur - $63
1x 2015 Ch de Chantegrive Graves - $18
- Chateau Vin
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Re: So what have you bought lately?
I am not sure I agree with your model, Jim. Historically, there is not much difference in overall returns between stock market and real estate. In fact, real estate underperforms...
DT is a different case. He claims he started with $1 mil (but who knows) and for him to be a billionaire now, there is a timeline of 40+ plus, not 10 years. On top of it, he took advantage of tax loophole (since closed) where individual can take personal tax deduction and carry it over even though the company might have taken the loan and went bankrupt. He might not have paid any taxes amounting to hundreds millions of dollars over a period of decades. His company is not run by business acumen, it is run by lawyers and tax accountants.
So, I would rather use that 1mil and come up with some Tulip mania to get to $1bil mark...
DT is a different case. He claims he started with $1 mil (but who knows) and for him to be a billionaire now, there is a timeline of 40+ plus, not 10 years. On top of it, he took advantage of tax loophole (since closed) where individual can take personal tax deduction and carry it over even though the company might have taken the loan and went bankrupt. He might not have paid any taxes amounting to hundreds millions of dollars over a period of decades. His company is not run by business acumen, it is run by lawyers and tax accountants.
So, I would rather use that 1mil and come up with some Tulip mania to get to $1bil mark...
Re: So what have you bought lately?
I thought this was the wine you've bought thread...it sounds like Jim is instead using it to soften us up for some kind of real estate affinity marketing scam
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Re: So what have you bought lately?
Yes, I'll be preparing a series of videos, just give me your credit card number and we will bill you $19.99 per month, you can cancel at any time.
Re: So what have you bought lately?
Well if Trump is your model, the answer should really be:
Lie. Alot.
Lie. Alot.
Re: So what have you bought lately?
So yes, it's do-able but there are a lot of assumptions, and everything has to go right.
I created a simple google sheet model if you want to view.
If you want to change the variables, then copy the sheet to Excel or a different google sheet and go wild.
https://docs.google.com/spreadsheets/d/ ... sp=sharing
I used:
StartUp Cost $50,000 Basically, legal and admin fees to create the structure
Down payment 10.00%
Monthly Rent $2,100 per unit
Interest rate 4.50% To keep it simple, I just made it a loan and used today's prime rate
Monthly expense per Unit $500 Call it management fee.
Appreciation 5.00% Assuming a constant appreciation of any real estate is risky, this is just a number I plugged out of thin air
Do not come back and sue me, I take no responsibilities for anything, I will even deny I or this spreadsheet exist.
I created a simple google sheet model if you want to view.
If you want to change the variables, then copy the sheet to Excel or a different google sheet and go wild.
https://docs.google.com/spreadsheets/d/ ... sp=sharing
I used:
StartUp Cost $50,000 Basically, legal and admin fees to create the structure
Down payment 10.00%
Monthly Rent $2,100 per unit
Interest rate 4.50% To keep it simple, I just made it a loan and used today's prime rate
Monthly expense per Unit $500 Call it management fee.
Appreciation 5.00% Assuming a constant appreciation of any real estate is risky, this is just a number I plugged out of thin air
Do not come back and sue me, I take no responsibilities for anything, I will even deny I or this spreadsheet exist.
Best
Jacques
Jacques
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Re: So what have you bought lately?
Wow!
OK! Now we are cooking!
OK! Now we are cooking!
- JimHow
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Re: So what have you bought lately?
Ok I just read it during lunch.
Now that’s what I’m talking about!
The “most likely” route from $1 million to $1 billion in 10 years... other than tulips, of course.
Thanks Jacques, very interesting analysis indeed!
Now that’s what I’m talking about!
The “most likely” route from $1 million to $1 billion in 10 years... other than tulips, of course.
Thanks Jacques, very interesting analysis indeed!
- JimHow
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Re: So what have you bought lately?
1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
15. Tulip mania
16. Lie lots
17. Real estate
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
15. Tulip mania
16. Lie lots
17. Real estate
Re: So what have you bought lately?
Jim,
My biggest mistake was before legalization of marijuana took off in Canada my buddy said pssst I've got a tip....!! This group of former high tech guys are starting up a medical marijauna business and they've been sooo succesful with every venture they've gone for this is a sure thing. Now I've heard this line with the junior gold stocks...aka Breex and others years ago and lost lots of $$$$ then it was the high tech boom and made some money then lost more as greed set in. This medical marijauna has taken off like wildfire up here with companies starting and being bought out just like a gold rush. When I had this opportunity about five years back I spoke with the CFO who was raising funds and I was going to throw 50K at it as a flyer then my with questioned the risk and the money we've lost on other flyers then my broker said he asked people in the know and the company hadn't paid their taxes or rent for six months and we backed out. The stock conversion if I had invested would have equated to 15 cents a share and the stock was up to $44. That would have been a cool 3000% rise or about 15 million$$$ Not a billion Jim but it still hurts to have let that one get away. My buddy put 250K into it from the outset and he and his family will not have any financial worries if they are smart. I kick myself for not taking the offer but I must say that I sleep pretty well at night with a more conservative approach going forward. Problem is I think this is a house of cards like the goldrush or the high tech boom and there will be a lot of blood in the streets before this run is over. Not sure what's happening in Colorado or California but I'm sure there are many multimillionaires that have capitilized on government greed to capture the illicit drug trades revenue stream through legalizing recreational marijuana.
That's my answer for you to make a $billion....throw $1 mill into marijuana stocks!!! The train may have pulled out but can you imagine if 50 other states jumped on board to legalize the stuff and have this trend spread from Amsterdam through the rest of Europe. The suppliers would make a screaming fortune!!
My biggest mistake was before legalization of marijuana took off in Canada my buddy said pssst I've got a tip....!! This group of former high tech guys are starting up a medical marijauna business and they've been sooo succesful with every venture they've gone for this is a sure thing. Now I've heard this line with the junior gold stocks...aka Breex and others years ago and lost lots of $$$$ then it was the high tech boom and made some money then lost more as greed set in. This medical marijauna has taken off like wildfire up here with companies starting and being bought out just like a gold rush. When I had this opportunity about five years back I spoke with the CFO who was raising funds and I was going to throw 50K at it as a flyer then my with questioned the risk and the money we've lost on other flyers then my broker said he asked people in the know and the company hadn't paid their taxes or rent for six months and we backed out. The stock conversion if I had invested would have equated to 15 cents a share and the stock was up to $44. That would have been a cool 3000% rise or about 15 million$$$ Not a billion Jim but it still hurts to have let that one get away. My buddy put 250K into it from the outset and he and his family will not have any financial worries if they are smart. I kick myself for not taking the offer but I must say that I sleep pretty well at night with a more conservative approach going forward. Problem is I think this is a house of cards like the goldrush or the high tech boom and there will be a lot of blood in the streets before this run is over. Not sure what's happening in Colorado or California but I'm sure there are many multimillionaires that have capitilized on government greed to capture the illicit drug trades revenue stream through legalizing recreational marijuana.
That's my answer for you to make a $billion....throw $1 mill into marijuana stocks!!! The train may have pulled out but can you imagine if 50 other states jumped on board to legalize the stuff and have this trend spread from Amsterdam through the rest of Europe. The suppliers would make a screaming fortune!!
Danny
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Re: So what have you bought lately?
I think you've offered up TWO to the list Danny:
1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
15. Tulip mania
16. Lie lots
17. Real estate
18. Marijuana stocks
19. Government greed
I just think of these assholes like Harry Reid's buddy who made like $25 million doing nothing as some sort of "space aliens" consultant and the trump consultant who made $25 million doing some half assed consulting for the inauguration.
1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard
13. Power Ball
14. Vineyard Investment
15. Tulip mania
16. Lie lots
17. Real estate
18. Marijuana stocks
19. Government greed
I just think of these assholes like Harry Reid's buddy who made like $25 million doing nothing as some sort of "space aliens" consultant and the trump consultant who made $25 million doing some half assed consulting for the inauguration.
Re: So what have you bought lately?
Now for something completely different. Well... yes and no.
3x Krug Grand Cuvee Brut 164th edition.
I know it's been out for awhile but I saw it for the first time in NH during a 15% Champagne sale for a net of $121 a bottle. I don't drink a ton of Champagne but the reviews have been solid and the price was good.
3x Krug Grand Cuvee Brut 164th edition.
I know it's been out for awhile but I saw it for the first time in NH during a 15% Champagne sale for a net of $121 a bottle. I don't drink a ton of Champagne but the reviews have been solid and the price was good.
Re: So what have you bought lately?
That's a great price! Well doneGerry M. wrote:Now for something completely different. Well... yes and no.
3x Krug Grand Cuvee Brut 164th edition.
I know it's been out for awhile but I saw it for the first time in NH during a 15% Champagne sale for a net of $121 a bottle. I don't drink a ton of Champagne but the reviews have been solid and the price was good.
Best
Jacques
Jacques
Re: So what have you bought lately?
stefanJr & Irena drank the 163rd edition a few days ago. He said is was up there with the best Winston Churchills he had drunk.
Re: So what have you bought lately?
2. Ch. Pape Clement 2014
2. Dm. Chevalier (rouge) 2014
1. Ch. Branaire 2014
2. Dm. Chevalier (rouge) 2014
1. Ch. Branaire 2014
- Racer Chris
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Re: So what have you bought lately?
Manchester Total wine had none so I had to travel across the river for these:
2x 2010 La Dame de Montrose
1x 2014 Ch. Pichon Baron
2x 2014 Leoville Poyferre
2x 2014 Ch. Cantenac Brown
1x 2014 Ch. Giscours
2x 2010 La Dame de Montrose
1x 2014 Ch. Pichon Baron
2x 2014 Leoville Poyferre
2x 2014 Ch. Cantenac Brown
1x 2014 Ch. Giscours
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Re: So what have you bought lately?
Gerry, were those Krugs purchased at a NH champagne sale?
Re: So what have you bought lately?
My first purchase this year of wines to drink at home:
2 Beaucastel 2014 @ 60.15
1 Fongaban 2015 @ 14.24
4 Fonroque 2012 @ 26.24
5 Larose Trintaudon 2010 @ 16
6 Constanti Brunello 2010 @ 52.49
1 each Ken Wright Canary, Carter, McCrone, Savoya 2014 @ 41.24 (Savoya is 2015)
6 Ridge Geyserville 2015 @30
6 Ridge Lytton Springs 2015 30.40
1 Vazart-Coquart BldBl Grand Cru Brut NV @ 29.99
2 Beaucastel 2014 @ 60.15
1 Fongaban 2015 @ 14.24
4 Fonroque 2012 @ 26.24
5 Larose Trintaudon 2010 @ 16
6 Constanti Brunello 2010 @ 52.49
1 each Ken Wright Canary, Carter, McCrone, Savoya 2014 @ 41.24 (Savoya is 2015)
6 Ridge Geyserville 2015 @30
6 Ridge Lytton Springs 2015 30.40
1 Vazart-Coquart BldBl Grand Cru Brut NV @ 29.99
Last edited by stefan on Fri Mar 02, 2018 3:29 am, edited 1 time in total.
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Re: So what have you bought lately?
6 x 2015 Siran en futuro, $29.99.
Re: So what have you bought lately?
Sorry for the late response, yes they were. I've been keeping my eye out for the 164th edition and It finally showed up. I have no idea how much or where they have it since it's NV and they don't break it down.JimHow wrote:Gerry, were those Krugs purchased at a NH champagne sale?
Still on the lookout for 2006 Pol Roger in NH with no sign of it yet,
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Re: So what have you bought lately?
Is that their usual 3 bottle Champagne sale? I don't see it advertised on their site.
- Racer Chris
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Re: So what have you bought lately?
1x 2014 Pichon Comtesse @ 104
2x 2014 Grand Puy Lacoste @ 54
2x 2014 Malescot St Exupery @ 45
2x 2014 Capbern @ 22.50
2x 2015 Chantegrive @ 18
I plan on opening one of the Malescot bottles soon. The Capbern and Chantegrive are for short term consumption.
The rest go in the cellar.
2x 2014 Grand Puy Lacoste @ 54
2x 2014 Malescot St Exupery @ 45
2x 2014 Capbern @ 22.50
2x 2015 Chantegrive @ 18
I plan on opening one of the Malescot bottles soon. The Capbern and Chantegrive are for short term consumption.
The rest go in the cellar.
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Re: So what have you bought lately?
Congratulations on your Malescot purchase Chris.
- Racer Chris
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Re: So what have you bought lately?
I hope to add 2 or 3 more in the near future.
Re: So what have you bought lately?
It ended about a week ago. It was a valentines day theme Including Champagne for a min of 3 bottles. Next up is the $25 gift card for every $150 spent.JimHow wrote:Is that their usual 3 bottle Champagne sale? I don't see it advertised on their site.
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Re: So what have you bought lately?
Gerry, so basically you are saying that the Krug NVs they have listed in their inventory are not all the 164th edition?I've been keeping my eye out for the 164th edition and It finally showed up. I have no idea how much or where they have it since it's NV and they don't break it down.
Re: So what have you bought lately?
I would call the store first. When I bought the 3 in Nashua I left one behind because it was a 163.
My gut tells me that any stores with at least 6 or more bottles probably has at least some 164.
My gut tells me that any stores with at least 6 or more bottles probably has at least some 164.
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Re: So what have you bought lately?
Ok looks like supply is thinning out, I was thinking about picking some up on my way to DC in 2 weeks but there's only 3 in Portsmouth and 3 in Hampton South, the two stores directly en route. I always hate to drive to Nashua, where they have 10.
Re: So what have you bought lately?
I'll try to get there and see what they have and let you know. It may be Monday before I can get there.
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