[Drinking] Long term investment in Malt Whiskey

[Colonel Mustard]

*Whisky*

Irish = whiskey, Scotch = whisky.

I would stay clear of whisky investment. The projected 5 or 10% annual increase sound like figures plucked out of the air. It’s entirely based on guessing what might be trendy in 10 or 20 years' time. Impossible to know. In any case, you’d expect even standard stock market investments to get you 5%+ on average over a period.

I would stay clear. There’s a lot of snake oil sold alongside the good stuff.

 

[heathgate]

Irish = whiskey, Scotch = whisky.

I would stay clear of whisky investment. The projected 5 or 10% annual increase sound like figures plucked out of the air. It’s entirely based on guessing what might be trendy in 10 or 20 years' time. Impossible to know. In any case, you’d expect even standard stock market investments to get you 5%+ on average over a period.

I would stay clear. There’s a lot of snake oil sold alongside the good stuff.

Whisky (no e) refers to Scottish, Canadian, or Japanese grain spirits..... and in fact English or Welsh.......

Whiskey (with an e) refers to grain spirits distilled in Ireland and the United States

 

[nicko31]

Supply is finite and lots of idiots with too much money, the rare stuff can only go up.

In Asia its often all about showing off, just a form of bling

 

[jakarta]

Given family history I won't be here to either benefit or enjoy in 5 or 6 years time...

 

[arewethereyet?]

My dad sold his collection a couple of years ago, some were blended some were malt etc etc, he had a Macallan, no idea which one, as far as we were concerned it was a malt whisky, we were amazed when it sold for £700, five whiskies out of about 25 bottles sold for over £300 and he made £4500, so my advice is yes, invest in whisky.

 

[Colonel Mustard]

My dad sold his collection a couple of years ago, some were blended some were malt etc etc, he had a Macallan, no idea which one, as far as we were concerned it was a malt whisky, we were amazed when it sold for £700, five whiskies out of about 25 bottles sold for over £300 and he made £4500, so my advice is yes, invest in whisky.

That advice is far too simplistic. If you're a knowledgeable enthusiast, sure you can build up a private collection of bottles, and arrange special insurance, or hope you never have a burglary or accident with them! You can also pay to keep them in storage as I do with wine -- but beware the fees stacking up over the years.

Most whisky investment schemes centre round buying a share of a barrel before bottling. Whether bottles or barrels, both schemes require specialist knowledge from someone who really knows what they are talking about. The last person to listen to is a whisky investment salesman because, guess what? According to them, it's a perfect way to make money. The OP needs to get on a whisky forum where, I can guarantee, there are as many threads about investment as there are about possible Albion transfers on this one.

 

[Bry Nylon]

I struggle with whisky.

Last time I speculated, whilst staying at a hotel in Fort William, I experienced a fairly immediate return on my investment, mostly all over the en suite bathroom.

 

[Superphil]

If it's going to be particularly valuable, he can't just keep it on a rack in his kitchen.

Presumably the 'sales executive' has somewhere temperature controlled to store it for a time, and is able to prove it to prospective buyers years down the line when it is to be sold.

Whisky doesn’t improve or change once’s it’s bottled until the bottle is open, so no need for temperature controlled storage, the cupboard under the stairs is perfectly adequate.

 

[arewethereyet?]

That advice is far too simplistic. If you're a knowledgeable enthusiast, sure you can build up a private collection of bottles, and arrange special insurance, or hope you never have a burglary or accident with them! You can also pay to keep them in storage as I do with wine -- but beware the fees stacking up over the years.

Most whisky investment schemes centre round buying a share of a barrel before bottling. Whether bottles or barrels, both schemes require specialist knowledge from someone who really knows what they are talking about. The last person to listen to is a whisky investment salesman because, guess what? According to them, it's a perfect way to make money. The OP needs to get on a whisky forum where, I can guarantee, there are as many threads about investment as there are about possible Albion transfers on this one.

It wasn’t advice, merely a story.

 

[Colonel Mustard]

Whisky doesn’t improve or change once’s it’s bottled until the bottle is open, so no need for temperature controlled storage, the cupboard under the stairs is perfectly adequate.

I’m aware of that. I didn’t mention temperature control. It would be more for security and authenticity. There’s a lot of fake wine and whisky on the market. If you sell it direct from a bonded warehouse or distillery storage, you can guarantee authenticity. But as I said, it may not be cost-effective. Depends how long you aim to keep it, and the quantities involved.

 

[Colonel Mustard]

It wasn’t advice, merely a story.

You said: "…so my advice is yes, invest in whisky."

 

[Herr Tubthumper]

Had it pitched to me this week as a bit of a left field long term investment.

The ’sales executive’ says over 5 years the yield could be between 5 and 10% annually. (On the flip side he’s a good lad who’ve I known for most of his life and he’s trustworthy)

Anyone else on here been pitched similar or has anyone actually done it?

At 59 the cynic and sceptic in me has a nagging doubt that’s if it’s too good to be true it normally is?

Is this lad an enthusiast himself? Or doing it as a job?

I'm sure there is money to be made but unless you're a serious whisky head this particular offer seems more like 'fun' as opposed to a genuine alternative investment; after all you can get 5% in the High Street banks.

 

[Superphil]

I’m aware of that. I didn’t mention temperature control. It would be more for security and authenticity. There’s a lot of fake wine and whisky on the market. If you sell it direct from a bonded warehouse or distillery storage, you can guarantee authenticity. But as I said, it may not be cost-effective. Depends how long you aim to keep it, and the quantities involved.

I’ve a friend who follows whiskey and whisky forums, blogs, websites etc and looks out for special and limited edition bottlings from distillers, he’ll generally buy two bottles, drink one and keep the other. They do appreciate (in value) with age and even some he’s only had for a few years he’s been able to realise a decent return on. Also keeps an eye out on auction sites, not eBay, actual auction companies.
I found a bottle of QEII blended whisky, in a flagon, in an auction, not a particularly decent whisky at all, but he bought if for under £100, on the whisky sites people are paying over double For it.
Weirdest one I’ve seen is a special bottling that Al Fayad had done to serve on his yacht, I picked it up for a song it's still full and unopened and it looks like I may have struck gold with it. Sakara was the name of his yacht

 

[HeaviestTed]

Don’t do it for an investment if you aren’t happy to piss the money away.

 

[Pogue Mahone]

Trouble is, I don’t know what to do now. I don’t want to sell it and I don’t feel I can drink it.

It’s Christmas soon. You can give it to me.

 

[arewethereyet?]

You said: "…so my advice is yes, invest in whisky."

In Whisky, yes but nothing specific for goodness sake. Invest in whatever you want, just saying it’s a good investment.

 

[Weststander]

 

[WATFORD zero]

I spent a whole night in the Pot Still in Glasgow trying a selection of their 800 whiskys to come to the conclusion I'm not a great lover of Whisky

They did do a nice Pie and Ale though

 

[Paulie Gualtieri]

Had it pitched to me this week as a bit of a left field long term investment.

The ’sales executive’ says over 5 years the yield could be between 5 and 10% annually. (On the flip side he’s a good lad who’ve I known for most of his life and he’s trustworthy)

Anyone else on here been pitched similar or has anyone actually done it?

At 59 the cynic and sceptic in me has a nagging doubt that’s if it’s too good to be true it normally is?

Hope he hasn’t got you over a barrel

It’s very much the new crypto in my sector (financial crime)

I’d do some research on the tax liability as well

Singapore seizes US$736 million assets including luxury wines and whiskies in laundering case - Vino Joy News

Singapore Police Force has busted one of the country’s biggest money laundering cases involving about US$750 million worth of properties, luxury watches, bags as well as expensive wines and whiskies.

vino-joy.com

 

[Colonel Mustard]

I’ve a friend who follows whiskey and whisky forums, blogs, websites etc and looks out for special and limited edition bottlings from distillers, he’ll generally buy two bottles, drink one and keep the other. They do appreciate (in value) with age and even some he’s only had for a few years he’s been able to realise a decent return on. Also keeps an eye out on auction sites, not eBay, actual auction companies.
I found a bottle of QEII blended whisky, in a flagon, in an auction, not a particularly decent whisky at all, but he bought if for under £100, on the whisky sites people are paying over double For it.
Weirdest one I’ve seen is a special bottling that Al Fayad had done to serve on his yacht, I picked it up for a song it's still full and unopened and it looks like I may have struck gold with it. Sakara was the name of his yacht
View attachment 171236

Interesting item. I'm sure that this would be sought after, though possibly more as a historical artefact than as a whisky.