Just Data Offers Service for Updating the Value of an Investment Wine Portfolio
Just Data, a leading supplier of end-of-day international financial data for technical analysis and portfolio management, recently released an investment wine data service. For the first time futures, stocks, wines and funds can be updated from one software platform.
Brisbane, Australia (PRWEB via PR Web
Direct) March 24, 2005 -- The problem with investing in wines (other than
the temptation of drinking them) has been the lack of a reliable source of price
information for valuation and evaluation purposes.
Now, however, wine
investors have access to a reliable source of investment wine data, similar to
the data stock traders have long been able to use in evaluating public
companies. Using Just Data's flagship software, BodhiGold, wine investors can
now load investment wine data into popular technical analysis and portfolio
management software and track their investments much like stock investors
do.
Enhancements to the BodhiGold software now provide users with
investment wine prices in addition to the traditional end-of-day international
stock prices. Wine investors can now update their portfolio of wines with the
simple click of a button.
In addition, they can use popular technical
analysis techniques to help decide what investment wines to buy and sell.
"This opens up new opportunities for traditional investors to diversify
a small part of their overall investment portfolio into an asset class that they
might not have considered in the past due to lack of reliable, up-to-date data,"
said Just Data director Chris Charles. "It also adds a bit of fun to
investing."
Investment wines are generally sold on the secondary retail
market at prices in excess of their original purchase price. These retail prices
are collected and processed by Just Data, ensuring that the prices reflect
actual market prices rather than 'shelf' prices.
Gavin Trott, proprietor
of the Australian Wine Center, said he found the new software “an excellent
opportunity for our wine investors to get regular, true valuation of their
cellar based on actual market prices."
BodhiGold has been specifically
developed to provide end-of-day data for popular technical analysis and
portfolio management programs over multiple asset classes and international
securities. BodhiGold is fully configurable, so users can tailor their databases
and data to suit individual needs and requirements.
With the addition of
wine data, sourced from MW Wines Pty. Ltd., clients can now track investment
wines like Penfold's "Grange" and Wild Duck Creek Estate's "Duck Muck" using the
same software tools as they would for securities traded on the New York Stock
Exchange.
Just Data is offering a free trial version of the software by
contacting e-mail protected from spam bots or calling 61-7-3821
5177.
Bodhi is the registered trademark of Electronic Information
Solutions Pty. Ltd., trading as Just Data.
About: Just Data:
For
nearly 15 years, Just Data has been delivering end-of-day financial data to
traders and investors. Just Data originated in Australia but its customer base
has rapidly expanded worldwide in recent years because of the Internet. Just
Data has an ongoing commitment to quality and to expanding coverage of
investable asset classes and international securities.
About: Australian
Wine Centre:
The Australian Wine Centre arranges for the buying, selling,
storage and transportation of fine and rare wines.
About: MW Wines Pty.
Ltd.
MW Wines is a leading wine merchant providing wine connoisseurs and the
wine trade with the world’s fine and rare wines, specialty wine auction services
and wine storage.
Contact:
Jenny Beardmore
Electronic Information
Solutions Pty. Ltd.
T/A Just Data
Tel: 61-7-3821 5177
Fax: 61-7-3821
1287
http://www.justdata.com.au
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Source : http://www.prweb.com/releases/2005/3/prweb221559.htm