If you have some extra cash, then you may want to start shopping for investment-grade wines and browsing your favorites from the top-of-line producers. In other words, it’s a very good time to buy wine.

The wine market is going the way of the Dow Jones Industrial Average right now. Things are tough in the world of wine, and the more expensive the wine, the tougher it is. Champagne sales have already dropped by 25% in September, and according to some retailers, holiday sales are expected to be half of last year.

In short, it’s a buyer’s market in real estate and in wine. With heavy discounting going on across the board, it’s a very good time to buy wine. Apart from the sales, the cost of most imports has fallen considerably from the average highs of just 6 months ago. Direct imports are discounted in some areas as much as 30%.

So if you are a wine lover, now is the time to scoop up the top Burgundies, Bordeaux, Barolos, and Cabernets. If you had your eye on a bottle of your favorite wine that was once out of your reach, it’s time to go for it. You may not get this kind of opportunity again anytime soon.

Cheers!