Whiskey As An Alternative Asset
May 9, 2018 2 Comments
Older than income tax ,consumed in almost every country in the world today,simple commodity blending whisky ,still in the barrel, traded and held inside Scottish warehouses ,with no VAT tax or duty to pay is an alternative asset, which has consistently beaten almost all major financial markets year after year. Over the past decade, maturing Scotch whisky has outperformed the UK stock market, dividends included and paid better returns even than London property.
These returns from maturing Scotch whisky, still in the barrel, have also been remarkably steady.Since the financial crisis began a decade ago, barrelled whisky has never returned less than 60% after all costs when sold at six years old. It has never paid less than 108% at eight years old, and never paid less than 190% at 12. Read more of this post