Investment In Whisky Better Than Stocks
Monday, November 12, 2007
"If you invest in stocks, there is always the risk the value will go down. With whisky, we do not see that," said businessman Michel Kappen.
"It is a very stable investment. The annual rate of return is 12 percent," said Kappen.
He cited for instance a bottle of Black Bowmore Scotch malt whisky, distilled in 1964 and bottled in 1995 went from 150 euros ($218.9) in 1995 to 2450 euros ($3,602) today.
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