Now you can not only drink whiskey, but also invest. A new form of whiskey investing is taking the financial world by storm, and Ireland is leading the way. This quiet change began with Marrowbone Lane Irish Whiskey (MLIW), a company founded by Michael Ward and Professor Vijay Edward Pereira.
The distillery opens its barrels to investors and typically earns annual returns of 12% to 14%. MLIW currently manages approximately 4,000 barrels and reported sales of £10 million ($13.1 million) last year.
How does whiskey investment work and where should you invest?
Marrowbone Lane Irish Whiskey has opened a barrel with a new investment programme. Trading options are simple. Buy a barrel today, let it sit quietly in Ireland’s cool climate, and watch it increase in value over time. Each barrel can hold approximately 200 liters of spirit and can produce 280 bottles.
The longer a trader continues to invest in whiskey, the greater the profits will be. In other words, the older the whiskey, the deeper the flavor. And the stronger the flavor, the higher the value. “Irish whiskey is triple distilled, which gives it a smoother, more refined finish.” Pereira explains. “Scotch is double distilled.”
“We have investors who have bought whiskey barrels aged in Ireland. These barrels typically give an annual return of 12 to 14 percent.” Pereira, co-founder and senior partner of MLIW, said: Investment prices range from 3500 to 4000 pounds ($4500 to $5200) per barrel, depending on the age of the whisky.
Irish whiskey is considered one of the world’s finest products, a collectible, and an investment in the future. This idea and concept is still coming into the mainstream, but it has yet to become mainstream. If this is successful, more distilleries could follow suit. Traders can watch spirits age and turn into premium drinks, which means good money.
