Financial Services > Investments > Scotch Whisky > Investing in Scotch Whisky
What is Scotch Whisky? In very simple terms it is a spirit made in Scotland from water, cereals and yeast, which outsells all other spirits the world over.
There are two kinds of Scotch Whisky, "Malt" and "Grain". Malt Whisky is made only from malted barley, whilst Grain Whisky is made from malted/unmalted barley and other cereals.
A blended Scotch Whisky can be made up of as many as 50 individual Scotch Malt and Grain Whiskies. Blended Whiskies account for more than 95% of Scotch sold across the world. Single Malt indicates that the Whisky comes from one distillery, although it may contain Whisky from several production batches from different years.
All Whiskies can be bought as a form of speculative investment. Only a very small proportion of the Whisky distilled in Scotland is bought and sold for this purpose. There is currently no recognised "Whisky exchange", nor is there any officially recognised list of buying and selling prices for the various Whiskies available. The Scotch Whisky Association considers investment to be a very speculative business and does not offer advice on the purchase of Whisky for this purpose.
Should you purchase a cask of Scotch you must be aware that if you decide to bottle your investment at a later date, excise duty will become payable at the current rate.
Finally, whether your investment increases in value or not, you will still have a product that will give you considerable pleasure and enjoyment!
Below are links relating to scotch whiskey:
www.Investments.co.uk also covers the entire range of financial investments so visit us at www.Investments.co.uk/Financial Investments to help you put together a well balanced investment strategy.
UK Investments - Financial, Property & Other Investments - 1998-2008
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