Financial saviors have started exploring alternative investments. Whiskey is a rising star in this growing landscape and this has led to the emergence of brokerage, which specializes in the rare single malt Scotch whiskey.
Whiskey is a profitable asset that is not associated with market volatility. Unlike wine or many other raw materials that can be invested in, whiskey cask investment value is continuously valued and only ripened in barrels as natural protection against the selling price.
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30-50 years ago, many leading refineries had to sell their inventory to keep it afloat during difficult years, and insufficient inventory was invested in barrels as they got older. They cannot predict future demand.
Demand far exceeds supply at the rare end of the market. The UK is a fast-growing young consumer market that is rapidly developing drinking tastes and investing in whiskeys.
The UK region has shown increasing interest in whiskey for decades. It is also a major hub for whiskey deals in the region. In 2019, it imported more than $ 520 million worth of whiskey. Like any asset, investing involves risk. While whiskey's past performance has been excellent, it's not necessarily an indication of future performance. However, it helps investors make informed forecasts.
Investors need to value whiskey like any other asset class and fully understand the risks involved. This of course also includes analysis of investment objectives and risk tolerance.