Whisky as an investment: a dram or a dream?

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

SPONSORED | TheGlenlivetSA The 2019 edition of the Knight Frank Luxury Investment Index estimates that a return of 580% over 10 years was realised in an index covering 100 rare whiskies. Read more. TheWhisky TheGlenlivet

The Glenlivet 25 year old single malt scotch whisky. Picture: SUPPLIED/GLENLIVET

Last year, this index shot up by 40%. And while the highlight of the year was a hand-painted bottle of 1926 Macallan selling for a record £1.5m , the report does highlight the wildly fluctuating value of the whiskies in this index. “If you’re a drinker and you end up having a collection that ends up appreciating, that’s great. But if you’re not really consuming it and you have no interest and it’s just a cold, calculated decision to make returns, that‘s not what we advocate. But that’s just our opinion.”

“It’s a very insightful and accurate assessment of what the market believes that bottle is worth, not what the brands believe it’s worth when they’re pricing it for retail.” “Every year, demand increases and every year we continue to see renewed interest in rare whiskies, but our quantities don’t increase. The scarcity of some of these rare whiskies is what makes them so sought after and unique. Imagine if there were 200,000 Mona Lisa paintings: would it really still hold its value?

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

JOBURG DREAMS: Mashaba announces R20-billion investment to rebuild Joburg’s inner cityAfter two years of talking about the need to rebuild the inner city, Johannesburg Mayor Herman Mashaba on Wednesday announced that R20-billion has been invested into turning Johannesburg’s inner city into a construction site with the aim of building affordable residential units and student accommodation.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »