Perhaps needless to say, buying casks is very impractical unless you are a big dealer. How are you going to sell it? If you want to drink it yourself, that is, of course, a different matter. You just don’t go to a distiller, buy one or more casks, put casks in your car, and drive home. Up until a few years back, the opportunity to invest in whisky was solely to buy casks or simply buy tapped bottles.
GOOD WHISKEY HOW TO
How to invest in whisky: bottles or casks? It’s easy to get sidetracked and lose the big picture. Because of this, it’s hard to know the price and performance of whiskey as an asset class.įurthermore, there are different types of whisky (Scotch, for example) and different maturities. You’ll not find a single benchmark for the wholesale price of whisky. Unfortunately, the whisky market is much more fragmented than other regulated markets like stocks, derivatives, options, etc. Please correct us if we’re wrong.) How do you find the price of whisky? We’re not native English speakers, but our understanding is that whiskey is the Irish and US spelling, while whisky is the Scottish and UK spelling. (We write whisky in this article, not whiskey.
At the same time, no income is received while waiting. Why can you make money investing in whisky casks?īy looking at the process of making whisky, which takes years, it makes sense why you can get a decent return by investing in maturing casks of whisky: it requires a lot of working capital for the distillers, and it takes about ten years to reap the rewards. This is of course completely different than bottled whisky which is already matured, taxed, and ready for drinking. Media reports on record sales for bottled whisky, but there is another way you can invest in it: by crowdsourcing casks of whisky as it matures. Whisky as an investment has attracted interest over the last decade, presumably because it has proven to be a good investment since the GFC in 2008/09.
How to invest in whisky: bottles or casks?.Crowdsourcing casks of whisky works like this:.Why can you make money investing in whisky casks?.We have no affiliation with them whatsoever). (Throughout the article, we refer to WhiskyInvestDirect, a service offered by the owners of Bullionvault. We currently have no investment in whisky, except being shareholders in Diageo (ticker code: DGE.L or DEO). The article is mainly written to get a better understanding of whisky as an investment.
Our conclusion: We prefer to invest in whisky via Diageo – the UK premium whisky distiller.
In this article, we look at whisky as an investment: Is whisky a good investment? Is it worth buying a cask or bottle of whisky? Could the formulation cash is king be formulated to cask is king? We look at whisky as an investment – how smaller investors like ourselves can invest in the maturing process via whisky in casks, not already tapped bottles, and what to expect in the form of returns and potential risks. Whisky though, a result of distillation, was discovered by monks as late as 1100-1300. Are whisky bottles and casks a good investment? Is it worth buying a cask of whisky? Is it worth buying bottles of whisky? Alcohol has for thousands of years been a vital part of human culture (whether you like it or not).
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