Why investors are turning to Whisky
With UK inflation at a 40-year high, investors are looking to alternative ways to make their money work for them, and whisky is increasingly becoming a popular choice. Over the years, whisky has been seen as an asset that increases in value over time and is able to retain its value even during recessions and inflationary periods. Here are just some of the reasons why investors are turning to whisky.
Asset backed investment
Owning an asset backed, insured investment has become even more appealing to investors as Whisky continues to outperform the UK rate of inflation.
Whisky is an asset backed investment which means it can be insured against losses due to theft or other damage. This makes it a more secure option than traditional investments such as stocks and shares.
Inflation proof
The principal reason people invest in whisky is because it is a tangible asset that increases in value over time. Unlike money in savings accounts, where the rate of inflation outstrips the interest rate meaning your money loses value year on year, whisky holds its value or even increases in value over time. Aged whiskies from reputable distilleries will not only retain their value during economic downturns but can also appreciate significantly over time.
While stocks and other investments are susceptible to sudden changes, cask whisky has continued to deliver consistent returns for investors in recent years. With its strong track record of growth, investing in Scotch whisky is a wise choice for those looking to protect and grow their wealth.
It’s proving to be a smart choice if you’re looking for reliable long-term gains!
Good return on investment
Due to factors such as limited supply, scarcity of certain casks and increasing demand worldwide, investing in whisky can offer a good return on investment (ROI).
Investing in Scotch cask whisky
With so many benefits associated with investing in cask whisky, it’s no wonder why more and more people are turning towards this asset backed investment option as a way to safeguard their finances against rising inflation rates.
Ultimately though, before investing it’s important that you do your research into which cask whisky will offer you the best ROI potential so that you can maximise your chances of making a good return on your investment.
So, get in early on one of the hottest investments out there – cask whisky! Not only will you get to be part of history, but values are sure to keep going up as rare and vintage whiskies become even more sought-after. Don’t miss your chance: partner with Riverside Whisky now for an unbeatable whisky investment portfolio that’s bound for success.