Investing in Whisky

ShandyAndy_2

I’m thinking of investing in Whisky, just buying a bottle a month instead of keep putting money into an ISA, heard there are good returns to be made as long as you resist temptation of drinking it!.

Anyone do this successfully? 

Thanks 

surreysaver

I'd end up drinking it! Although I do tend to wait until its in special offer at £17/litre or less 

veryintrigued

https://www.bbc.co.uk/news/uk-england-somerset-54040307

gg23

I'm guessing you read that BBC News story yesterday about a lad selling whisky he had been bought every year by his dad as a deposit for a house?

I got the impression that the BBC were rather more keen on having an "Impressive" story so glossed over something perhaps rather important, that the dad effectively got lucky by buying a band that had become quite trendy.  So I'd imagine that it really is a gamble, you have to pick the right brand to do as well as this guy.  And I doubt anyone is going to know which brand will suddenly become popular in 20+ years time.

Sailtheworld

This made the news recently..
https://www.bbc.co.uk/news/uk-england-somerset-54040307

kipsterno1

One point that many people don't consider is have you got suitable space to store it all? 
I have over the years purchased several bottles that have seen a rise in value but I have only ever bought stuff I would enjoy if they were to be opened.
To give you a rough idea I have just looked on Whisky Exchange and they give the following (retail) prices on three of my bottles,
Bought 2000 for £60 now £400
Bought 2000 for £12 now £250
Bought 2004 for £250 now £2000

ShandyAndy_2

Yes I read the story yesterday and it got me thinking ... 

ShandyAndy_2

kipsterno1 said:

One point that many people don't consider is have you got suitable space to store it all? 
I have over the years purchased several bottles that have seen a rise in value but I have only ever bought stuff I would enjoy if they were to be opened.
To give you a rough idea I have just looked on Whisky Exchange and they give the following (retail) prices on three of my bottles,
Bought 2000 for £60 now £400
Bought 2000 for £12 now £250
Bought 2004 for £250 now £2000

Wow that’s pretty impressive 

ShandyAndy_2

That’s true I don’t have a lot of storage space! 

Barny1979

Yeah, as said the father got lucky that the brand became trendy and there is a large market for Whisky in Asia, which has pushed prices up.

barnstar2077

kipsterno1 said:

One point that many people don't consider is have you got suitable space to store it all? 
I have over the years purchased several bottles that have seen a rise in value but I have only ever bought stuff I would enjoy if they were to be opened.
To give you a rough idea I have just looked on Whisky Exchange and they give the following (retail) prices on three of my bottles,
Bought 2000 for £60 now £400
Bought 2000 for £12 now £250
Bought 2004 for £250 now £2000

I'm sorry, do you mean you bought a bottle in 2000, or you bought 2000 bottles?!