Investing in Scotch whisky, do you know how? It is a very interesting alternative investment both for its high profitability and for its originality and its lack of correlation with the financial markets. And believe me, you don’t have to be a whiskey connoisseur to get an attractive return. I’ll tell you the basics!
Whiskey is a drink that has been around for over 600 years. The story began in monasteries in Scotland and Ireland. Over time, the drink spread to a large number of countries, among which today we find Japan and France. In fact, not only does whiskey have a long history, but its consumption is also increasing.
This is the best known method. You invest in a fund and let the fund manage everything. An example is the Platinum Whiskey Investment Fund operating out of Hong Kong. This fund has offered a return of 15% to 17% to its investors since its launch.
However, I don’t like this method for this type of investment. First, because it works like a Hedge Fund. The management fees are very high and the minimum entry is 0,000. You don’t know the exact prices. Additionally, you enter a listed asset and stop diversifying your investments.
Thanks to new technologies, you can invest directly in liters of cask whiskey. This is a methodology similar to direct investment in gold. You invest in a liter of pure whiskey that is physically somewhere. It’s about participating individually in online auctions to obtain a certain number of bottles that you will keep for a certain time, before reselling them.
But unless you’re a real whiskey expert and have a suitable storage place, I wouldn’t recommend going this route. There are too many factors that you don’t control, and as a result, you can go wrong.
This is a very new concept. It’s about buying liters of whiskey through an online platform that allows small investors to participate in the auctions of some of the best distilleries in the world. As advantages: