Financial saviors are now investigating alternatives to investing. Whiskey is one of the rising stars in this booming market, and can be seen in the rise of brokerages that specialize in the exclusive single malt Scotch whisky.
Whiskey is a lucrative asset that isn't correlated with market volatility. Contrary to wine, or other materials that could be put into, whiskey cask investment value is always assessed and only ripened inside barrels to provide protection against the value of the sale.
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30-50 years ago, a lot of major refineries had to dispose of their stock to stay in the face of difficult times and the insufficient inventory was put into barrels with a deterioration. It is impossible to predict the demand for the future.
Demand is way over supply at the lower market. The UK is a growing market for consumers that is swiftly growing in drinking preferences as well as investing heavily in whisky.
The UK region has seen an increase in interest in whiskey over the last few decades. It's also a major center for deals with whiskey within the region. In the year 2019, it imported more than 500 millions worth of whiskey. Like all investments, investing in whiskey can be risky.
Investors should evaluate whiskey as every other type of asset, and be aware of the risks. This includes the analysis of investment goals as well as the risk tolerance.