At Speyside Capital we know that investing in whisky can be an exciting and profitable venture, but for beginners, navigating the world of whisky investment may seem daunting. Many people opt to invest in Whisky bottles, but what about Whisky Casks?
Whisky Cask Investment is our particular area of expertise, so lets delve into a few areas you would want to understand before you opt to purchase Whisky Casks and reap the benefits of higher and faster returns. With the right approach and knowledge, investing in Whisky Casks can often provide you with higher and faster returns compared to bottles. And this may sound like alot of responsibility but, unless you’re doing this alone, it’s very likely your asset manager, such as Speyside Capital, will take care of all this for you so you have complete peace of mind.
If you’ve not already, register for free to our online learning portal to discover all you need to know about Whisky Cask Investment.
In this article, we’ve got our Speyside Capital experts behind us to provide us with three essential steps you can use to get started on the path to whisky investment success.
#1 Ownership of your Whisky Casks/Investment
It’s essential to ensure you have legal ownership of your whisky casks, which is confirmed through a certificate of ownership and/or a delivery note. This document serves as official proof of your rights and guarantees your investment is securely documented. Always request and verify this certificate to protect your interests.
#2 Understanding Compliance
Scotch Whisky is extremely heavily regulated as a spirit, which many people aren’t aware of, making compliance an area you should be aware of when it comes to investing in Whisky Casks. The requirements surrounding Scotch whisky ensures that every step of production, storage and distribution meets strict regulatory standards, safeguarding both quality and authenticity. When it comes to investing in Whisky, you want to ensure that all compliance requirements are being fulfilled from movement between distillery and warehouse all the way through to storage. Learn more about compliance inside our free online learning portal, click here to register.
#3 Ensuring Quality Assurance of your Investment
Once you’ve acquired your whisky casks and they are safely being stored within a Government bonded warehouse in Scotland, it’s crucial to ensure that proper storage conditions and regular expert checks are scheduled to maintain their quality. Whisky is sensitive to light, temperature fluctuations and humidity, which can affect its flavour and potential for appreciation. As mentioned previously, whoever you opt to invest with will generally take care of all of this for you. However, not all routes to investment will cover this, so please look out for that.
Register for free to our online portal
Our free online learning portal is something we are very proud of, and has been created to inform and educate you about everything you need to know before you decide to get involved in the
Inside you’ll get:
- Complimentary 30 minute webinar
- Educational videos
- Cask portfolio examples
- A sample of Whisky cask brands and types currently available with us
- Delivery of our 6 day ‘Whisky Uncovered‘ video series delivered to your inbox
- Portfolio projections
- Opportunity to request more information from our advisors