Investors covet scotch whiskey
- 12 years ago
http://nma.tv
People have invested in collectibles like classic cars and fine art for years. But now they are investing in scotch whiskey.
Demand for scotch is especially high in Asia. A Chinese man in Singapore paid $250,000 SGD for a rare bottle last September.
Experts say scotch is a good investment because it is produced in relatively small quantities, unlike wine.
According to whiskey valuers, the spirit may even be a better bet than gold.
Perhaps countries should start paying off their debts in whiskey?
If it doesn't dig them out of crisis, at least they can drink away their sorrows.
People have invested in collectibles like classic cars and fine art for years. But now they are investing in scotch whiskey.
Demand for scotch is especially high in Asia. A Chinese man in Singapore paid $250,000 SGD for a rare bottle last September.
Experts say scotch is a good investment because it is produced in relatively small quantities, unlike wine.
According to whiskey valuers, the spirit may even be a better bet than gold.
Perhaps countries should start paying off their debts in whiskey?
If it doesn't dig them out of crisis, at least they can drink away their sorrows.