The U.S. stock market

Mar 07, 2023,21:29 PM
 

A S&P 500 index fund was up 225% and can be sold in literally one second, with essentially no transaction cost vs. the stated market price. Unfortunately that cannot be done with the listed collectibles.

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"The Most Lucrative Luxury Investments"

 
 By: R. Goodfellow : March 6th, 2023-21:51
This arrived in my inbox today from Statista , and thought I'd share with the WPS community. Congratulations to anyone collecting rare whisky! " As Statista's Katharina Buchholz wrote for Forbes last week, "as stock markets flailed and the age of zero int...  

Impressive outcome....

 
 By: InHavenPro : March 6th, 2023-21:59
for whiskey. It is my favorite alcohol after all . Thanks for sharing with us, cheers, Filip

I agree.

 
 By: R. Goodfellow : March 7th, 2023-01:04
but not only was whisky first, it was first by a lot.

Strange!

 
 By: amanico : March 7th, 2023-17:45

A good friend of me as well.

 
 By: bimbeano : March 7th, 2023-18:21
Last year, a good friend decided to sell most of his collection of whiskey bottles … pretty rare stuff like very old Bowmore etc. We had a tasting once again and then he told me that the little sip i took was worth around 200 € 🥶. The bottles he sold were... 

No i finished the bottle ;-)

 
 By: bimbeano : March 7th, 2023-18:31
Actually the first time i sipped from that same bottle was back in 2004. This post reminds me i still have some ‘Don Papa’ in da house 😅

Whisky goes down in my house, not up

 
 By: cazalea : March 6th, 2023-23:40
It must just be me...

LoL ;))

 
 By: InHavenPro : March 7th, 2023-00:03

Hear, hear!

 
 By: R. Goodfellow : March 7th, 2023-00:59
...  

True! ;-)))

 
 By: FabR : March 7th, 2023-00:59

Caveat Emptor

 
 By: ChristianDK : March 7th, 2023-09:41

The “problem” with rare whisky (or any whisky) is….

 
 By: NickO : March 7th, 2023-00:50
… unless you drink the stuff, it really doesn’t give you much enjoyment. Many years ago, when I was traveling a lot more, I’d always grab a bottle of good Japanese whisky in the international duty free. The selection in most major international airports i...  

A nice selection of Japanese whiskies!

 
 By: R. Goodfellow : March 7th, 2023-01:02
That Nikka Taketsuru 21 is a standout that I wish was still available.

Thanks! If I’d known how popular Japanese whisky would become..

 
 By: NickO : March 7th, 2023-01:13
I would have bought a case of each and then some! And that’s why I can never buy the really rare stuff, I’d just end up drinking it! #cantbetrustedwiththemacallan50

I love the hashtag! 😂

 
 By: R. Goodfellow : March 7th, 2023-01:15

xD

 
 By: InHavenPro : March 7th, 2023-05:50
Exactly.

Indeed!

 
 By: patrick_y : March 7th, 2023-02:48
It used to be available for around $400 a bottle, and now it's impossible to find at duty free.

I personally disagree with the above assessment...

 
 By: patrick_y : March 7th, 2023-02:55
It truly depends on your goods basket. Not all whisky has increased significantly. Our favorite Macallan and the Hibiki and Yamazaki have the most. But if your whisky portfolio or "goods basket" didn't heavily consist of these, it's hard to say. Furthermo... 

Indeed...

 
 By: patrick_y : March 7th, 2023-03:38
They probably follow some sort of index that tracks standard prices for standard whiskies. There is a rare car index that has a basket of vintage cars - broad range of those cars. Other than that, I don't know what else they've got...

Depends on the index and what's in the whisky index.

 
 By: patrick_y : March 7th, 2023-02:58
Sure, if your index consisted of Macallan rare bottles. Or the rare Japanese bottles, this would totally make sense. Might even be on the low side. But if not, then it'd be harder.

Interesting, but in investment terms …

 
 By: Cpt Scarlet : March 7th, 2023-09:45
They all pale into insignificance when compared with the increase achieved by Tesla shares. In the period from 2012 to 2021 the share price increased by approximately 13,198%.

The U.S. stock market

 
 By: KonaJ : March 7th, 2023-21:29
A S&P 500 index fund was up 225% and can be sold in literally one second, with essentially no transaction cost vs. the stated market price. Unfortunately that cannot be done with the listed collectibles.

Agreed ….

 
 By: Cpt Scarlet : March 7th, 2023-21:35
I still love a good watch and never really cared about it increasing in value.

The best investment ever,

 
 By: hazzgard : March 7th, 2023-20:45
and no need to be statistician : your health. It has no price, can’t be bought later if you don’t care, allows all the other investment to make sense, and it money wise quite affordable compared to any other investment.