Invest in whisky over stocks?

BuddyJ

http://www.reuters.com/article/lifestyleMolt/idUSL099544920071112

Saw this today on Luxist.

Whisky can be a high yield asset for investors wary of volatile equities markets, he said at the launch of his World Whisky Index, a website that aims to bring buyers and sellers of rare and expensive whisky together.

"If you invest in stocks, there is always the risk the value will go down. With whisky, we do not see that," he told Reuters as a piper in full Highland regalia played the bagpipe to mark the launch of the index.

"It is a very stable investment. The annual rate of return is 12 percent," said Kappen.

12 percent is right around where a good mutual fund should be, mirite? The booze market sounds way more fun, although temptation to drink your assets away might be a bit much.

Qeldroma

Buddy Jesus wrote:

... 12 percent is right around where a good mutual fund should be, mirite? The booze market sounds way more fun, although temptation to drink your assets away might be a bit much.

>hic< ... but 12 pershent makes for a pretty crummy whiskey ... >hic<

fatcat

yea I serious thought this was a Whiskey stock investment, cause I'm all for that.

BuddyJ

I'd think that whiskeys would be a similar investment along this line.

Garg

I like my assets liquid.