LDP- Wine of the Week: The Neethlingshof Malbec 2010

October 5, 2011

Malbec is a Bordeaux grape varietal but is one of Argentina most planted/famous wine styles.  South Africa produces a few great Malbec wines and the Neethlingshof Malbec is no exception

This wine has floral and violet fragrances interwoven with oak, spice and dark chocolate on the nose. Rich and full taste with plum and berry flavours, supported by soft tannins.

For tasting notes click here

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LDP Wine of the Week

September 29, 2011

 

Our Wine of the week is the award winning Kumkani – Cradle Hill Cabernet Sauvignon 2007

This wine has a dense dark red colour. Fresh blackcurrant and ripe berry fruit on the nose. The palate is layered with ripe fruit and beautiful integrated oak flavours and a soft tannin structure.

 

Click here  for the full tasting notes

 


LDP- Wine of the Week: Oldenburg Chardonnay 2010

September 21, 2011

LDP has its roots in the beautiful Cape Winelands, and here is our wine of the week.

Wine of the Week: Oldenburg Chardonnay 2010

The Chardonnay has a brilliant golden straw colour. Upfront notes of ripe tropical fruits such as melon, pineapple and orange citrus fruit are evident on the nose with hints of fresh baked bread and lightly toasted almonds.

The wine enters the mouth with full rich flavours of ripe fruit mirrored from the nose with a creamy mid palate and fresh citrus flavours giving a lingering finish. The acidity is perfectly balanced by sweet fruit and a touch of toasty oak

Source: oldenburgvineyards.com


LDP- Wine of the Week: Alto Cabernet Sauvignon 2007

September 13, 2011

LDP has its roots in Stellenbosch, the heart of the Cape Winelands, and here is our wine of the week.

Wine of the Week: Alto Cabernet Sauvignon 2007

Plum red colour with cherries, violets, black olives, some dark chocolate and a hint of tobacco on the nose

This full-bodied, mouth-filling wine boasts flavours of cherries, tobacco and dark chocolate which are underpinned by a good tannic structure.

Source: alto.co.za


About the blog- Welcome

August 2, 2011

LDP is a well-known and established practice of public accountants, business advisers and auditors in South Africa.

This blog has been initiated by LDP and aims to facilitate discussions about finance, business, leisure and corporate lifestyles. Join us for interesting deliberations about a wide array of business and leisure topics.

For more info about LDP, visit our webpage at www.ldp.co.za


How do I invest in gold ?

July 20, 2011

Here are key facts about the market and different ways to invest in the precious metal.

  • Spot markets

Large buyers and institutional investors generally buy the metal from big banks. London is the hub of the global spot gold market, with more than $33bn in trades passing through the city’s clearing system each day. To avoid cost and security risks, bullion is not usually physically moved and deals are cleared through paper transfers.

Other significant markets for physical gold are India, China, the Middle East, Singapore, Turkey, Italy and the United States.

  • Futures markets

Investors can also enter the market via futures exchanges, where people trade in contracts to buy or sell a particular commodity at a fixed price on a certain future date.

The COMEX division of the New York Mercantile Exchange is the world’s largest gold futures market in terms of trading volume. The Tokyo Commodity exchange, popularly known as TOCOM, is the most important futures market in Asia.

China launched its first gold futures contract on January 9 2008. Several other countries, including India, Dubai and Turkey, have also launched futures exchanges.

  • Exchange-traded funds

Media coverage of high gold prices has also attracted investments into exchange-traded funds (ETFs), which issue securities backed by physical metal and allow people to gain exposure to the underlying gold prices without taking delivery of the metal itself.

Gold held in New York’s SPDR Gold Trust, the world’s largest gold-backed ETF, rose to a record high of 1 320.436 tonnes in June 2010. The ETF’s holdings are equivalent to nearly half of global annual mine supply and are worth about $62bn at today’s prices.

Other gold ETFs include iShares COMEX Gold Trust , ETF Securities’ Gold Bullion Securities and ETFS Physical Gold, and Zurich Cantonal Bank’s Physical Gold.

  • Bars and coins

Retail investors can buy gold from metals traders selling bars and coins in specialist shops or on the internet. They pay a premium for investment products of 5% to 20% above spot prices, depending on the size of the product and the weight of demand.

Read more on news24.com