Whisky --- Investment?

"You can also invest in Nant Angus (cattle) and get the same 9.55% return on your investment - supposedly roll Note that the 9.55% return is the same as the return on the whisky - I smell bullshit."


As an innocent young lad in the bank in 1955 I had my first lesson in investing from my Manager. He said,

"young codger, NEVER forget, the higher the gain, the greater the risk".

I have never fogotten it!

OC
 
Nant whisky to be investigated by Tasmania Police over alleged fraud

Angry investors who purchased barrels of award-winning Nant whisky, only to be left thousands of dollars out of pocket, have been told Tasmania Police will launch a criminal investigation into the saga.

In an email sent to investors on Wednesday, Detective Sergeant JL Ansell from the Fraud and E-Crime Serious Organised Crime Division said police had received "several complaints" regarding "alleged fraudulent conduct".

"A preliminary assessment has been made of the evidence currently available and a determination has been made that a criminal investigation into the allegations will be conducted," the email said.

Almost 900 investors bought barrels of whisky from Nant after production began in 2008, according to a list kept by the business and obtained by the ABC's Background Briefing program.

The barrels, stored in a bonded warehouse on a picturesque estate in the town of Bothwell, north of Hobart, cost as much as $14,000 each.

Nant promised to buy them back once the whisky had matured, with investors to be rewarded with 9.55 per cent compounding interest.

The scheme was designed to raise capital to cover the upfront costs of whisky production and the redevelopment of the estate, which includes a distillery.

But for many investors, the long-awaited payday never materialised.
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http://www.abc.net.au/news/2017-08-...d-by-tasmania-police/8836186?section=business
 
Wow! I was going to invest into that scheme.

I bought into RSC instead :( but I did buy a bottle of Nant single malt about 5 or 6 years ago which I'm waiting to crack if I ever have grandkids. :D
 
It's worthy:)
Share some Ron Zacapa centenary Sistema Solera 23 years old and XO Rum Zolera Gran Reserva Especial
Ron Zacapa 23 copy.jpg Ron Zacapa XO copy.jpg
 
yennus said:
Anyone got any Scotch Single Malt recommendations for long term investing?
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You can look out for special editions from Ardbeg, Macallan, Laphroaig and a few others that have cult followings, but it can be real hit and miss, especially if you're paying retail.

Once you get past about $200/bottle, the only people who are really interested in it are either whisky snobs (who are incredibly picky about what they drink) or people with more money than they know what to do with (who can also be very picky) so you'll be selling into a very niche market.

I'd suggest either getting into the trade (it's less glamorous than you imagine), or just buying the stuff you like drinking.
 
Whisky can be profitable. You need to look to special releases and closed Distilleries. The Scotch Port Ellen is highly revered and Karuizawa from Japan.

I also believe it is classed as collectable and so no problem reselling.
 
Scottspurs said:
Whisky can be profitable. You need to look to special releases and closed Distilleries. The Scotch Port Ellen is highly revered and Karuizawa from Japan.

I also believe it is classed as collectable and so no problem reselling.
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Though wouldn't you have to be active or at least semi active in clubs or forums etc.
Much a like a newbie signing up here and trying to sell gold.
And the more expensive the bottle, the smaller the group of buyers and snobbier to boot
 
This is certainly possible. I bought around $2000 around 5 years ago which is in free storage in Europe. When I return there I will probably sell it all, around 8 bottles. I hope to make a decent profit of around $1000.

It might not be a wealth maker though. I used to buy bottles of the fancy stuff. One for selling and one for drinking. Each drinking bottle lasted around 18 months. It was more fun than investment. I used to work around a fella called Sukinder Singh who is now one of the of the biggest spirits sellers world wide. He started swapping minatures, however like with everything you need patience, business accumen and a lot of luck.

Worst case scenario, I have some beautiful whisky to drink. Haha.


Ipv6Ready said:
Though wouldn't you have to be active or at least semi active in clubs or forums etc.
Much a like a newbie signing up here and trying to sell gold.
And the more expensive the bottle, the smaller the group of buyers and snobbier to boot
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Bob Dylan's Heaven's Door range has sold out online before any tastings.
 
bump.

Yeah, physical spirit investing can be a formidable investment within Australia. Consider the following:

-Australia has one of the highest volumetric alcohol taxation in the world and scales with CPI twice a year (I guess it follows a basic asset class valuation then?)
-Australia has the most intense customs controls in the world with a natural geographic border
-Long shelf life
-real world value (in a post dollar world or not) i.e pain killer, steriliser, cooking/heating fuel (with more distillation).

The scaling tax on branded bottles provides a nice asset class stop loss. The higher the premium the less the Aussie tax influence. This could be a good and bad thing for an investment I guess. Maybe consider diversifying into basic branded bottled vodka and some high end scotches too.

You can't really legally get around the liquor license problem unless you get a packaged liquor license for a few thou (application/first year fee). If you read into the ATO's definitions, as I have, you will see they have covered themselves for barter by defining the selling of goods for money or 'kind'. I actually researched this when one of my employees requested to be paid in silver.

All in all, you can make spirit investing even more appealing if you know someone in the wholesale industry that could help you out, or perhaps your personal situation would allow for alcohol purchasing as a tax deduction, which would lower you purchase price. There is also the option of buying a sub 5L still and producing it yourself. That would be more of a cost saving investment for yourself, I guess.
 
I have a 2 bottles of some of the world's rarest whiskys.

The Kings Ransom and House of The Lords Whisky

They're both empty now.

Fine investment indeed ... very fine.
 
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DeusB said:
Hello

Like it says, what do you think? is it worth it?

I mean buying some mid range whiskeys from 30 - 80 , could they get some value over time?
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Stack red wine. And not any kind of red wine. Prolly make your own wine, bottle it and keep it. Home-made wine!

People will appreciate it, provided that you know how to make it well.
 
Collecting Whiskey is not a good call .
I'm drinking the whiskey ,I have 3 bottles on the go :D
I'm investing in Cognac ,my sauce auctioned 1 bottle of for $120 + premiums
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If your going to ask how much I want more then X2 what it went for at auction :p

The Vodka is meant to be really good ,can't find any for sale
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^
Are those your photos? :D

Looks like a fun activity. Certainly better than collecting stamps :p

You could also collect some juices (yeah, they won't last long if they're natural) - for the sake of making cocktails! ;)
 
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