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SUMMERTIME WINES

Lighter wines to serve with summer meals

BY DANIELLE SMYTH

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Summertime calls to mind al fresco dining, light breezes, and delicious wines to sip for a relaxing treat. The best wines for summer are as varied as the meals you're likely to serve them with. As you're planning your summer party menus or looking for something to enjoy on your own at mealtime, consider this advice from local wine experts.

Pairings for Hamburgers or Halibut

When it comes to summer wine pairings, Colleen and David Rosenberg, co-owners of Brix Wine and Liquor Store in Ballston Spa, recommend the Marques de Tomares Rioja Crianza, paired with a hamburger on a bun with your favorite toppings. This selection has a saddle nose and dark cherry and licorice flavors.

With a family grape growing history since 1886, Don Román Montaña founded the winery Marqués de Tomares in 1910. It is still operated by his grandchildren today, and the fruit is hand-picked in old traditions on nearly 206 hectares of family-owned vineyards.

For a fish meal, such as grilled halibut with a lemon basil vinaigrette, the Rosenbergs also recommend the Daou Chardonnay. This 2020 chardonnay offers delicious “pineapple, pear and Granny Smith apple flavors,” as well as “hints of lemon chiffon, nectarine and honeysuckle.” You might also taste “star jasmine, nutmeg and vanilla bean,” they say.

It is well-complemented by “lemon zest and baking spice,” making the halibut with a lemon basil vinaigrette the perfect choice.

Pairings for Salmon, Chicken or Vegetables

The Thirsty Owl in Saratoga Springs serves wines from its own vineyard in the Finger Lakes. The vineyard is nestled on 150 acres along the western shore of Cayuga Lake, while in Saratoga Springs, visitors can enjoy lunch or dinner as well as wine tastings.

General manager, Josh Cupp, suggests pairing summer wines with a lighter meal. He suggests any seafood, poultry, or vegetables for pairing with several types of wine, including Rose´, dry Riesling, and Chardonnay

Rose´ is a wine that sat in the background for a long time, but its popularity has spiked in recent years and is apparent for the vast majority of Rose´, to choose from in most wine stores, from lighter to fuller bodied depending on the grape blend. Pairing well with chicken, lamb, soft cheeses, salmon, and grilled vegetables.

A dry Riesling is a great summer wine for light dining, says Cupp. Rieslings are an incredibly versatile white wine grape and their characteristic high acidity, as well as a bit of residual sugar, gives them that crisp, refreshing taste that works well delicate ( or raw fish, chicken, salmon, and grilled tuna.

In contrast, Chardonnay continues to be the most compelling and popular white wine in the world, because it is the red wine of whites. It's complex and interesting making it a great choice all year round, but nonetheless a popular summer wine. It pairs beautifully with fish and seafood. It also pairs well with many seasonal salad recipes as well as grilled pork, creamy pasta dishes and meaty fish ( halibut and cod) and some shellfish.

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Understanding Active vs. Passive Investment Styles

When it comes to investing, there are many ways to do it. Understanding the differences between active and passive investment styles can help you to find out which investment strategy suits your goals!

Active investing, as its name suggests, involves a very hands-on approach to buying and selling various financial instruments, often using equities and bonds. This type of investment aims to beat the broader markets, as often measured by an index such as the S & P 500. Active investing is a strategy that can describe how an institutional portfolio manager or individual investor approaches the markets. The pandemic spawned a whole new generation of active investors who wanted to take advantage of the extreme volatility of stock prices particularly early on.

Passive investing is the opposite of active investing. A philosophical pillar for this style of investing is the belief that over longer periods of time, it is very difficult to beat the broader markets. This style of investing often utilizes lower cost exchange traded funds (ETF’s) or low cost mutual funds that seek to mirror the returns of popular indexes such as the S&P 500 or the Nasdaq. This style of investing is very accessible, even to individuals with very little experience or time to focus on their investments.

In my personal experience as a financial advisor over the last few decades, I have not personally experienced an investor beating the markets over a period of more than 5 years. I have certainly seen some significant gains in the short term, but not sustainably over many years. I know that there are these successful active investors. One of the more famous examples of this is Warren Buffet and his company Berkshire Hathaway. Interestingly, though Warren Buffet and Berkshire Hathaway can be described as active investors, in an interview on CNBC's Squawk Box with Becky Quick, the Oracle of Omaha instructed the trustee in charge of his estate to invest 90 percent of his money in the S & P 500 for his wife after his death1 .

This is a pretty strong vote of confidence in passive investing coming from one of the world's most famous active investors.

Nick Murray, a famous author and mentor to many financial advisors, once said during a training session I attended that "the human psyche is doomed to be a failed equity investor." My experience and interpretation of this phenomenon is that the behavioral aspect of investing cannot be ignored.

Whether you believe in active or passive investing, or a mixture of both, developing your overall plan and investment strategy with a financial advisor can add value and help you stay on course, even when circumstances do not allow it.

That’s why at Thoroughbred Advisors, we specialize in helping you make informed decisions about your investments by providing unbiased advice on both active and passive strategies. We’ll work with you to find out what type of investor you are so that we can tailor our services accordingly.

If you want personalized investment advice from advisors who will listen to your goals, risk tolerance, time horizon, etc., then contact us today. Conor Boyd, Thoroughbred Advisors Conor@ThoroughbredAdvisors.com Cell: (518) 312-3432 | Office: (518) 608-4608 www.thoroughbredadvisors.com

1 https://www.cnbc.com/2019/02/26/warren-buffett-wants-90percent-of-his-estate-invested-in-index-funds.html Conor Boyd is a Registered Representative and Investment Adviser Representative of Equity Services, Inc. Securities and Investment Advisory Services are offered solely by Equity Services, Inc., Member FINRA & SIPC, 333 Westchester Ave, South Building Suite 3302, White Plains, NY 10604 914.428.4000. Thoroughbred Advi-sors, LLC is independent of Equity Services, Inc. TC119685(0221)1

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