Monday, October 12, 2020

"Whisky Casks Are Now Outperforming Gold as an Investment"

 Was the matter ever in question?

From the Robb Report, October 9:

They are also outpacing Bitcoin and the S&P 500 Index. 

If you’re thinking about where to invest your cash during these uncertain times, you may not have to look much further than your whisky cellar.

According to findings from the BC20 Whisky Cask Index published in the UK’s Times, $100,000 in whisky casks procured in July of 2018 would be worth around $160,000 by the end of this past June. Perhaps even more surprisingly, it asserts that investing in the popular digital currency Bitcoin, the S&P 500 Index or even gold––a standard safe bet––would not have yielded the same level of returns.

“Societal turbulence is often a time when investors take stock of their portfolio and examine new ways in which they can protect and profit from their savings, this global pandemic is no different,“...