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I have heard that fine Whisky is a good investment. I am looking for a small-time investment and the entry level is £5000. I am looking at a 15% return, and selling after 5 years making a 132% profit. Does this sound too good to be true to anyone?
8 Answers
its an interesting topic I was thinking of doeing the same as the tax benefits are good
is it non-taxable?
it is classed as tax free
you sure I would double check it mate if I was you
this is why it sounded a bit too good to be true
it would depend on which brands you bought. Is that done for you in a sort of hands off fashion and you just invest the money and they buy the brands then you wait 5 years for them to go up in value? are they already vintage? how can you be sure they are going to go up?
if you Google vintage Whiskys they do go up like I just Googled them and they do so I would say yes especially as you can go in at a low risk level as you should only invest really what you can afford to lose. Go for it.
thank you and I like whisky so it makes sense lol
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