Today on the Wealth Secrets Podcast, Sean Adams talks to Scott Sciberras, the co-founder and CEO of Whiskey and Wealth Club, a company aiming to bridge the financial gap between distillers and the public. They talk about investing in rare Scotch and Irish whiskeys, why whiskey is a unique asset class, and why you should consider investing in the whiskey market.

[03:19] Scott’s Journey into Entrepreneurship

[06:32] Why Scott Decided to Focus on Alternative Investing

[08:50] How Whiskey and Wealth Club Conducts its Business

[15:23] Why Whiskey is a Unique Asset Class

[18:20] Knight Frank’s Luxury Investment Index

[22:38] Why the Whiskey Market Attracted Massive Interest in 2020

[29:07] How COVID-19 Affected the Whiskey Market

[32:20] Whiskey Investment Exit Strategies

[35:40] How to Invest in Whiskey

Why Scott Decided to Concentrate on Alternative Investing

From a very young age, Scott’s father instilled in him a passion and understanding of investing. However, he decided to pursue electrical engineering in college, a path he later realized was a mistake. As time went by, he settled in marketing and customer service, which later helped him launch his first telecommunications company. The sale of the company provided the needed capital to venture into forex trading and whiskey investing.

How Whiskey and Wealth Club Conducts Its Business

Whiskey distillation is a risky business. The hard work, preparation, and patience required throughout the process can be a little overwhelming. For example, Irish and Scottish whiskey has to stay in wood for a minimum of three years. Moreover, it would require an additional six to ten years before a cask can attract significant returns on investments. Although investing in whiskey has been around for centuries, it has, for the longest time, been for the select few. With that, Scott and his company saw an opportunity to bridge the gap between distillers and the public, opening doors for private investors to get in on the market.

Why Whiskey is a Unique Asset Class

Ever since the market crash of 2008, the public got fed up with traditional investment options such as stock markets and real estate. Yet, this hasn’t stopped the media or financial institutions from promoting these conventional investment opportunities. The thing to note here is that since 2000, there have been four significant stock market changes that affected practically every industry worldwide. In contrast, in the same 20-year period, the whiskey market has witnessed a steady incline of about 17.8%, that wasn’t affected by markets or government interference.

Links and Resources

Scott’s Website

Scott’s LinkedIn

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For more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: [email protected].

All shared information from the Wealth Secrets Podcast should not be taken as legal or financial advice. Please consult with a professional before making any decisions.