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Whiskey Investment in Ireland

cosher10 · 2013-01-07 14:48:06

Hi, i was speaking to someone over Christmas who was telling me about a company in Ireland think it might be linked with someone famous. He was telling me that you could invest in a barrel and in six years time they will buy it back of you with interest. There was a few whiskeys had so it might have been a bit of a tale i…

07-01-2013 2:48pm

#1

cosher10

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Hi,

i was speaking to someone over Christmas who was telling me about a company in Ireland think it might be linked with someone famous. He was telling me that you could invest in a barrel and in six years time they will buy it back of you with interest.

There was a few whiskeys had so it might have been a bit of a tale i have googled this but not got any hits yet.

anybody here of this?

thanks

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#2 07-01-2013 2:51pm

jim_bob

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more details here
http://www.boards.ie/vbulletin/showthread.php?p=78582954

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#3 07-01-2013 3:02pm

cosher10

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hi thanks for the link not much information about actually being able to invest.

i have sent of an email to porterhouse so hopefully they will get back to me thanks.

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#4 07-01-2013 3:30pm

BrokenArrows

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I doubt they would guarantee a return would they?
So much could go wrong with the brewing process.

However if they have a track record then it could possibly be a good investment.

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#5 07-01-2013 3:35pm

cosher10

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Hi,

maybe you would take a minute to read this from their website about the investment see what you think seems an interesting idea. i am not great on the jargon so i would need to know the bottom line.

http://www.dinglefoundingfathers.com/becoming/form.php

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#6 07-01-2013 3:49pm

BrokenArrows

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Doesnt look great to me.

They say they can have a right to buy back at 4% profit anually but its a right not a guarantee. If the price is below the value you expect then they wont buy it from you.

You could have it bottled and sold but there is charges for this.

You would be better off somewhere else in my opinion.

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