Whisky – or “liquid gold” as it’s sometimes known due to its value – has been a cherished spirit for centuries. However, with demand for fine whisky surging, there is one player on the investment scene that’s increasingly catching the eye of both investors and whisky enthusiasts: whisky casks. But is it worth buying a cask of whisky? What makes them one of the best alternative investment solutions in Singapore, and how can you navigate this market effectively? We chat to Alexander Knight, leading whisky cask professional and CEO and founder of The Whisky Cask Club, about what factors to consider before taking the plunge and adding Scottish single malt whisky casks to your investment portfolio.
Could whisky casks be the golden alternative investment solution you’ve been searching for? Read on to find out.
Is it true that whisky casks offer one of the best alternative investments in Singapore?
Investing in the next generation of world-class whisky labels is a unique and alternative investment opportunity for collectors and investors alike, especially since whisky isn’t dependant on the global economy and cask investments are assured to increase in value over the long-term. In fact, according to the Global Whisky Market, the whisky cask business is expected to reach US$95.9 billion by 2026, up from US$61.7 billion in 2019. That is simply unprecedented growth in a physical asset!
What is the average return on whisky invesment?
Over the long term, whisky casks give an average return of 12 to 18 percent per year. Prices for rare whisky casks have reached all-time highs, with expert financiers naming whisky as the “best alternative investment”. Typically, a cask of whisky is expected to double in value over a five-year period.
Why purchase casks over bottles?
Whisky doesn’t age in a bottle in the same way wine does. Once it’s in a bottle, a 10-year-old whisky will always be a 10-year-old whisky. However, whisky gets better and more valuable as it ages in the cask. Rare bottles are also harder to sell than casks.
Is there a minimum investment period?
The minimum investment period with The Whisky Cask Club is one year. However, time is the critical factor; we recommend holding your cask for at least three years and up to ten years or more if possible for higher returns on your alternative investment.
How can The Whisky Cask Club help?
With 50 years of expertise in the Scottish whisky business, The Whisky Cask Club brings together the best whiskies in the world, giving you access to ultra-premium casks as well as those casks that are in high demand for bottling and blending. We have long-established relationships with a host of Scottish whisky distilleries – from the highlands to the lowlands – all of whom have casks of various ages and values for investment.
The sales team can help match your budget to the best whisky casks available at the time. All casks are fully insured and stored in bonded warehouses in Scotland.
Want to find out more about this alternative investment solution in Singapore, offering some of the best returns? Sign up for a free copy of The Whisky Cask Club market report or book a chat with a member of the team to decide for yourself if it worth buying a cask of whisky.
Visit our Work & Finance section for more ideas on the best alternative investment solutions in Singapore.