Rye Malt Whisky Beer Series
May 26, 2023Iniquity Den’s Dram Single Malt Lazy Daze
August 15, 2023From Tasting to Investing: How Whiskey Enthusiasts Can Tap into the Investment Industry
In today’s investment landscape, the motivations of investors extend beyond mere profit. They are increasingly inclined to invest in assets that align with their personal passions. This trend is evident in the stock market, where companies like Tesla have garnered significant attention. However, for those who possess a deep appreciation for whiskey, an exciting new opportunity has emerged: the option to invest in full casks of this “water of life”.
By investing in casks of whiskey, enthusiasts can actively engage with the industry. They have the privilege of acquiring entire casks, or barrels, of whiskey from renowned distilleries. These casks are then patiently held for a period of time, typically ranging from 5 to 12 years, allowing the liquid within to mature. As the spirit evolves inside the barrel, it develops a more intricate and refined flavor profile, thereby augmenting its essential value. Consequently, when investors eventually choose to capitalize on their holdings, they can expect a lucrative return on their investment.
Moreover, investors embarking on this whiskey venture are granted exclusive opportunities. They can partake in behind the scenes tours of the distilleries from which their investments originated. This affords them the chance to visit their cherished casks, indulge in sampling the whiskey, and personally connect with the skilled distilling team. Through this immersive experience, passion and profit beautifully converge, creating a harmonious synergy between the investor and the world of whiskey.
CaskX helps you invest in whiskey
Don’t know how or where to start? Fortunately there are whiskey investing professionals such as CaskX, who can help you exploring the best opportunities.
Who are CaskX?
- CaskX is a whiskey investment brokerage founded in 2019 that helps investors around the world build profitable portfolios of whiskey casks.
- Located in Los Angeles, Louisville, Sydney and Hong Kong, staying as close to clients as possible to provide timely help and support when they need it.
- Over 10 000 casks under management for more than 400 clients.
Which distilleries does CaskX work with?
- CaskX partners will top distilleries located in the US, Scotland, and the UK. Just to name a few, Jackson Purchase, Corsair Distillery, Burn O’Bennie Distillery, and Kentucky Artisan Distillery.
- As an investor, an exclusive VIP tour is offered so the investors can witness the process and even taste the whiskey.
- CaskX provides access to investment opportunities from distilleries in two segments of the whiskey industry:
- Bourbon barrel investment
- Scotch whisky cask investment
How to start?
If you’re interested in whiskey investing, you should contact CaskX. They can only sell investment portfolios to accredited investors. This means that the investor must have earned $200 000/year or have $1 000 000 or more in assets. For a couple, annual earnings should be $300 000 a year.
Why should an investor invest in whiskey?
Whiskey is a tangible product, so investors can invest in something that one can physically touch. The product is easy to comprehend.
- It’s a form of investment where the actual product doesn’t change but its value grows over time. It’s fair to say that whiskey will remain to be whiskey and as it ages, it becomes more valuable.
- It adds diversity to investors’ portfolio. Straying away from traditional stock market assets and benefiting from something that the investor truly enjoys.
CaskX has seen a lot of the same potential of Scotch with Bourbon, and anyone who invested in Scotch 10 or more years ago, has seen upscaled rise. Bourbon can have the same potential. It has increasing demand globally, especially in India and China.
Right timing is the cornerstone in investing. The supply and demand has gone through the roof which is why now is the best time to invest in bourbon.