The New Hibernian Whiskey Advisory “How can you invest in whiskey?” – Irish Whiskey News
How can you invest in whiskey?
To invest in whiskey is one of the latest options and attention gaining areas in the investment industry. There are two principles ways to invest in whiskey and today we are going to discuss them. The first one is to invest directly in bottles and the second option is to invest in whiskey. It can either be an old or new bottle and in that, the brand and distillery are extremely important. In the casks of whiskey, the distillery from which the whiskey comes is less important. A good return of around 10-15% can be made from whiskey casks from any distillery.
Let’s have a detailed view at both the options and get a better view on how to invest in whiskey –
- Investing in bottles
Investing in the bottles requires a huge amount of capital in order to even make a minimum investment. In order to invest in bottles you need to buy them from auctions and releases by using your expertise and skills. Inspite of all the skills and expertise a high amount of return is not guaranteed when investing in bottles while making an investment in whiskey.
- Investing in Whiskey Casks
Whiskey is considered a depreciating asset and thus, no amount of capital gains is payable on the sale. Casks give a different perspective to whiskey investment. These are a simple asset, held in bond and no duty is levied whilst it stays in bond. When it comes to investing in whiskey, the best way is to invest in a diverse portfolio. Casks can be bought at different stages during their process. They can be bought freshly filled to well-aged.
The casks become more expensive as they gain maturity and they are of less price on their early stage. The cask at a zero age is called a new fill cask and the liquid is called a new make spirit. It takes 3 years and a day for a new spirit to legally become whiskey. Casks can be bought at any age the buyer thinks it would be beneficial.
More of such guidance is available when you join New Hibernian Whiskey Advisory and decide to invest in whiskey. For more information, you can visit www.new-hibernian.com
About New Hiberian Whiskey
The New Hibernian Whiskey Advisory was founded in the midst of the renaissance of Ireland’s very own spirit, by a team of likeminded experts-come-Whiskey-aficionados from both the alcoholic beverage industry and the financial sector, bound to each other for a love of everything relating to the Emerald Isle herself as well as one of its most luxurious exports.
The founding partners’ combined expertise and knowledge across their respective fields, married with their desire to be an integral part of the re-emergence of Irish Whiskey, led them on a long and exciting journey across their ancestral home on a mission to locate, taste and source the finest examples of the new wave of the glorious island’s traditional beverage. From Wexford to Louth, from Louth to Donegal, from Donegal to Cork and then back to Wexford, they left no establishment untried in their quest to find their favourite Whiskies. Whether it was a carouse in Cavan, a tipple in Tipperary, a sip in Sligo or a Malt in Mayo, they “painstakingly” sampled, dram by dram, all that the Republic had to offer to find their preferred aromas and palates.
Along the way they met friends and family old and new, poets, historians, Whiskey experts, master distillers and everybody else in between. They sampled as much of the Spirit of Ireland as they possibly could, learning all there was about the history of Ireland, the tradition and the rebirth of Irish Whiskey and the thriving economy built around it.
This knowledge is now passed on to you through our expert advisors in an attempt to assist you in making the most out of your cask purchase and the potential returns on offer.
Our Model of Whiskey Cask Purchase
The Irish Whiskey cask purchase model is a way for private investors and institutions to enter into a market that was historically limited to the select few; Either those with direct links to distilleries or Ultra High Net Worth individuals with the financial prowess to buy their way into the market of their choice.
Our model allows investors to enter into the advanced purchase of casks of raw Whiskey from one of renowned partner distilleries at prices way below wholesale. This ensures future profits for the cask owners whilst also creating cash flow for the distillery. For full details on our pricing structure contact info@new-hibernian.com
