Both wine and whisky provide a potentially profitable investment opportunity with both asset classes being listed in the top three luxury investments in the Knight Frank Wealth Report, but which boasts the best value for money? Fine wine prices have slumped in recent months while whisky values have skyrocketed leaving us in no doubt that rare whisky is now comfortably outperforming fine wine as an investment.
Covid-19 has brought with it a change in investor attitudes and activity and as a result, whisky investment is becoming more and more appealing in a volatile market. Providing investors with an annual return of 5%, whisky investments are on the rise whilst wine investments offer only 1%. So should you be switching from wine to whisky?