This blog article is focused on how to invest in whisky and the various methods of investing in whisky. There is a lot of information here that can help those who are interested in starting their own personal collection of fine whiskies.
What is whisky?
Whisky, also called scotch, is a type of liquor made from fermented grain. It’s often distilled to a high point and then aged in oak barrels for up to 12 years. Whisky can be enjoyed neat, on the rocks or in a variety of mixed drinks.
If you’re interested in investing in whisky, here are a few things to keep in mind:
Scotch is a highly seasonal product. Demand for whisky rises during the winter holiday season and then falls off precipitously once the New Year rolls around. Prices tend to be highest in January and February.
Whiskey is traditionally an expensive drink. A 750ml bottle of whisky can cost anywhere from $25 to $100.
Whisky doesn’t have a long shelf life. Once it’s opened, it should be consumed within two or three days.
How to invest in whisky?
Whisky is a spirit that can be enjoyed both in its pure form or as part of a mixed drink. It can be purchased in bulk, bottled or killed (or “aged”) in oak barrels. Whisky is also available in various strengths and flavors such as malt, light, dark and blended whisky. The most important thing to keep in mind when investing in whisky is to do your research. There are many different types of whisky to choose from and it can be difficult to know which one is best for you.
Here are some tips on how to invest in whisky:
- Do your research – starting with reading reviews of different whisky brands and styles, as well as browsing the websites of whisky distilleries. You’ll want to find a brand that appeals to you and that has a variety of whiskies available for purchase.
- Consider investing in a single whisky or a portfolio of whiskies – whisky is a long-term investment, so it’s important to choose something that you’re interested in maintaining over time. A portfolio will allow you to sample different whiskies while still keeping your overall investment consistent.
- Make sure you have an understanding of the Scotch Whisky classification system – this will help you to understand how the different whiskies in your portfolio are classified.
- Try some samples – it’s always better to try a sample of an whisky than to buy the entire bottle and only discover it’s not what you’re looking for. Whisky sampling events can be a great way to try new whiskies and experience them at different levels of quality.
- Consider investing in a brand that has a range of interesting whiskies under its belt – while you may want to choose one particular whisky, there may be other ones on the shelf that you can’t pass up! A brand with various expressions will allow you access to more types of whisky without having too many bottles on hand.
Whisky types
Whisky types are the foundation of whisky investment. You need to invest in a whisky that best suits your taste and personality.
Here is a list of the most common whisky types:
Single Malt Scotch Whisky – Single malt Scotch whisky is made from a single malt whisky distillery, typically produced in Scotland. These whiskies are rich, full-flavored and expensive.
Blended Scotch Whisky – Blended Scotch whiskies are a combination of two or more single malts. These whiskeys tend to be lighter in flavor and less expensive than single malts.
Irish Whiskey – Irish whiskey is made from grain and water that has been distilled in Ireland. These whiskeys have a strong character and are often used for cocktails.
Rye Whiskey – Rye whiskey is made from a mash of rye, barley and wheat. It has distinctive characteristics that are sometimes described as spicy or smoky.
Single Grain Whiskey – These whiskeys do not have much flavor other than the grain itself. They are low in alcohol content and therefore good for sipping.
Straight Bourbon Whiskey – Bourbon whiskey is defined by a strict set of rules that govern its production; the whiskey must be aged at least two years in new, charred oak barrels for pot still distillation and it must contain no additional coloring, flavoring or blending.
Whisky brands
When it comes to whisky there are a number of different brands to choose from, so which one is right for you?
Scotch whisky is a type of whisky that is made in Scotland. Scotch whisky is generally more expensive than other types of whisky and can be aged in wood for up to 30 years.
Irish whisky is another type of whisky that is made in Ireland. Irish whisky is generally less expensive than Scotch whisky and can be aged in wood for up to 12 years.
Canadian whisky is a type of whisky that is made in Canada. Canadian whisky is generally cheaper than Scotch whisky and can be aged in wood for up to 3 years.
Japanese whiskies are a type of whiskies that are made in Japan. Japanese whiskies are generally more expensive than other types of whiskies and can be aged in wood for up to 10 years.
Conclusion
We hope that this guide has helped you to understand how to invest in whisky, and what factors to consider when making a purchase. Whether you’re looking for an affordable way to increase your whisky collection or you’re just looking for an opportunity to invest in something tangible, we believe that whisky is a great option.