Been researching whiskey cask investing for a few months and kept running into the same thing. Platforms advertising single cask prices of $5,000 to $13,000 per barrel as the entry point. Sounds accessible…but CaskX requires a minimum of 24 barrels? Is that accurate? Higher? Lower?
So who is actually investing in whiskey casks and making money? Genuinely curious. Are there people here who have done this, held for 8 to 10 years, and come out ahead? Would love to hear real experiences rather than platform marketing.
Whisky cask investing… cost per barrel?
byu/Lazy-Camera-7919 ininvesting
Posted by Lazy-Camera-7919
16 Comments
I mean this in the nicest way possible, this sounds like bullshit and a scam. I’d never invest in this.
This sounds idiotic. They are both liquid and highly illiquid.
This is so dumb you deserve to lose money if you do it
Real talk, the entry price is only half the battle with casks. You really have to account for the “angels’ share” which is the natural evaporation over time, plus the ongoing storage and insurance fees that eat into your margins every year. If you aren’t buying through a super reputable broker, the exit strategy can be a nightmare because you’re responsible for the bottling and labeling laws which vary like crazy. It’s definitely not a “set it and forget it” type of investment like a standard index fund.
Bro just buy pokemon cards
Ornamental gourd futures are much more profitable…..
And both of which are bad investments
I wouldn’t do this.
But you should, don’t let people talk you out of foolish things you might want to do with your money, it is your money.
Let me know how it goes.
As I live in Kentucky, i definitely remember this and another when I was much younger.
[https://www.youtube.com/watch?v=8pyDkakyfjA](https://www.youtube.com/watch?v=8pyDkakyfjA)
I went to a distillery a couple of years ago and bought 2 barrels. It was right at $25,000.
The experience was absolutely amazing. Why bother “investing” for 10 years when you can go get one now and drink it?
And btw, I was the rep from our bourbon club and we split the juice about 30 ways.
I would stay away. They say the sales of “brown liquor” is collapsing. Just look at all the stock prices of the whiskey and bourbon distillers.
Hey this sounds stupid
So you’re seriously considering investing let’s say $5000 on whiskey that you’re not sure is going to be a hit yet?
And you’re even potentially interested in something like 20+ barrels so $100k of whiskey?
If you want to do something that isn’t stocks, look into real estate syndication or something. Maybe invest in small businesses? But Jesus this is a terrible idea.
Where do they always find people like you?
What is the point man
for quality bourbon 5k sounds great; the “per drink price” should be very reasonable, Im not sure how to account for the cost of a liver transplant that it may necessitate but then again it may not come down to that…. as for making money off of it….there are easier ways to make money in the world. dont mix business and pleasure
the people making money on casks bought them in the 1980s with naming rights to blue chip distilleries and sold during the post COVID boom. good luck with that these days. there is a glut of stock aging because every body and their brother expanded after COVID. Estimates are that there are upwards of 50 million casks in scotland and Kentucky that are already in warehouses that represents close to 30 years of demand assuming flat demand and no further distillation.