Whisky Investment
Whisky Investment
Do any of you own any Whisky casks? I’ve just been reading an article suggesting great returns on purchasing shares in barrelled whiskys
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Re: Whisky Investment
A very fashionable investment right now.
Don't follow the crowd - you won't make any money.
To make a return on investments you need to have something rare. Whiskey is now being touted as an investment which means the people who are going to make the money are those who are doing the touting/producing.
Don't follow the crowd - you won't make any money.
To make a return on investments you need to have something rare. Whiskey is now being touted as an investment which means the people who are going to make the money are those who are doing the touting/producing.
These 4 users liked this post: fatboy47 Peter Loo Boss Hogg tim_noone
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Re: Whisky Investment
Buy it if you like the whiskey and/or can afford to make zero return on said investment.
Re: Whisky Investment
Yes an just remember the old adage of "if it sounds to good to be true it probably is".Rowls wrote: ↑Sat Jan 16, 2021 1:26 pmA very fashionable investment right now.
Don't follow the crowd - you won't make any money.
To make a return on investments you need to have something rare. Whiskey is now being touted as an investment which means the people who are going to make the money are those who are doing the touting/producing.
Re: Whisky Investment
Bear in mind that there are lots of additional costs as well as the original purchase. Storage costs, bottling, significant taxes and duty when it's bottled, etc
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Re: Whisky Investment
** I ought to add a qualifier:
I advised a friend against buying lots and lots of bitcoin about a decade ago. They went ahead and bought lots and lots. I bought none.
It's a risk. Nobody can accurately predict the future all of the time.
I advised a friend against buying lots and lots of bitcoin about a decade ago. They went ahead and bought lots and lots. I bought none.
It's a risk. Nobody can accurately predict the future all of the time.
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Re: Whisky Investment
as much as he can as quickly as possibleLowbankclaret wrote: ↑Sat Jan 16, 2021 5:08 pmWhat return are you looking to get and over how long?
Re: Whisky Investment
This is purely curiosity, nothing more
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Re: Whisky Investment
In that case, National Lottery or the bookies.