Investing in Rare Whiskeys
Investing is not just about saving Money and Investing in Assets and Stocks as Investing can be of anything and everything like DOlls, figurines, and whiskey. Yes out of sheer luck or just laziness, I found out something which is the fact that whiskey does get up in value provided you Buy the right Whiskey and those Whiskeys are Single Malts. Single Malt whiskeys are numbered as the number of bottles produced in a single year is dependent on the production of WHiskey that year and sometimes when the production is very low the price of a Whiskey Bottle tends to shoot way up just for that Single year bottle.
But there is another aspect of the Whiskey price rise that I accidentally found is when the stock of a single whiskey is artificially shorted in a single state that Whiskey tends to go very high in value. For example, I have a Single Malt WHiskey named TALISHKER which I bought for around 3000 INR and since that whiskey is pretty scarce in our state the price of each bottle has gone way up to around 8000 INR and I am still holding mine.
Now I had no clue that such a Market existed and the only reason I was holding onto my Single Malts is that I haven't had any occasion to drink. But still, it is really fascinating to learn that there are still a lot of ways where you can make some money provided you have the right knowledge for it.