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Wine great for drinking, not investing - critic

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London - Splashing out on pricey wine is great if you plan to drink it down the road, says Robert Parker, the world's most famous wine critic, but not as a financial investment.

Parker, credited with popularising the 100-point system widely used to rate wine, says wine can be lucrative, but only if investors are willing to sit on inventory for as long as a decade, which can be tough.

READ: How to spend R1m on wine

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