Exit strategies play an essential role in managing your portfolio. They allow you to leave an investment based on your financial and personal goals. When thinking of your exit strategy, consider the following questions:
- How long do you intend to be in the investment?
- What do you want to achieve with the investment?
- How will you know it is time to get out?
In whiskey cask investment, exit strategies are critical. After the maturation of five years, you should be able to choose what to do with your cask whiskey. That is why it is important to choose an investment partner who has different exit strategies laid out for you. Your partner should also be able to expertly advise you and guide you on the path you want to take.
At The Whiskey Investment Club, you have different genuine exits to consider. Let’s explore them one by one.
Continue your whiskey’s maturation:
You may opt to continue to age your whiskey to improve its flavour and quality. This type of investment is working for you all the time. You can relax, let it age, and watch its value grow over time until you are ready to sell it. If you want to continue the maturation, you will be responsible for the storage and insurance of your cask.
Remove your whiskey from the bonded warehouse:
Removing your whiskey from the bonded warehouse may incur additional charges. As you know, a bonded warehouse is where whiskey ages without a tax burden. Once you take it out, you will be responsible for customs, excise duty, and other additional charges.
You can have it bottled:
You can choose to have your whiskey bottled to sell, gift, or enjoy yourself. We can arrange a bottling facility for you in Boann (subject to bottling and other fees) or go for a private distillery that can do it. You may then decide if you want to sell them to private labels or retailers or keep them yourself.
Sell your Whiskey:
Want to auction your whiskey? Various auctions take place regularly throughout the year. Want to sell it to other distilleries or brands? That’s another possibility too.