My favorite low-priced wine from Trader Joes is a soft bubbly slightly sweet red wine called Reggiano Lambrusco. Since it is slightly sweet it doesn't go well with beef and heavier foods like other reds. It goes more with foods you'd have white wine with like chicken , turkey or lighter pasta dishes such as with a maranara sauce or is even good with appetizers or sandwiches. My wife especially likes this wine because she does not like the dry wines. It goes for about $5 if I remember right, and some TJs put it with their Italian red wines while others put it with their champagne/bubbly section. If you like a slightly bubbly white wine, then also try the Prosecco's in the same bubbly section. I haven't had them in awhile but they are around $6-15. Both the Lambrusco and the Prosecco are best chilled. If your preference is for dryer wines you won't like these. But if you are having holiday company of people who are not usual wine drinkers, then they will love it because non-wine drinkers usually like a slightly sweet wine over a really dry cab or chard.