De gustibus non est disputandum plus covered calls for income this week

Wanting to celebrate a special event, a couple went to their favourite high-end restaurant and ordered dinner and a $1000 bottle of wine. They raved about how exquisite it was! Worth every penny!

It turned out that the waiter had made a mistake and brought them a $30 bottle of wine!

Draw your own conclusions.

A single bottle of each of the 10 most expensive wines today would fund a comfortable retirement.

  1. Screaming Eagle Cabernet 1992 – $500,000
  2. Jeroboam of Chateau Mouton-Rothschild 1945 – $310,000
  3. Cheval Blanc 1947  – $305,000
  4. Shipwrecked 1907 Heidsieck – $275,000
  5. Chateau Lafite 1869 – $230,000
  6. Chateau Margaux 1787 – $225,000
  7. Ampoule from Penfolds – $168,000
  8. Chateau Lafite 1787 – $156,450
  9. Henri Jayer, Vosne-Romanée Cros Parantoux 1999 — $136,955
  10. Cheval Blanc St-Emilion 1947 – $135,125

It might be worth reviewing the greater fool theory.

On another issue, here is what Rosi and I plan to do today when the market opens at 9:30 AM.

Our core portfolios hold nothing but SPDR S&P 500 ETF Trust (SPY). Warren Buffett would approve.

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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me