/biz/ - Business & Finance

>>23400941
Look into CUR

>>23400941
>Alot of money
What of money? That first thing isn’t a word.

>>23400941
I flip whiskey and bourbon. You pretty much need to find out when your local store gets their delivery day (if you live in a control state otherwise you're fucked) and wait in line for a few hours before open. Then you buy the rare allocated bottles they get in. Usually a limit of one per person but you can flip $30 bottles for $300.

You're not going to make any money buying shit from Walmart and sitting out in a cellar for five years. You need to get your hands on the limited edition highly allocated stuff at which point you can sell it immediately.

>>23400941
You need proper storage, otherwise it loses value. It's the same with all collector goods, like cars.

https://winebank.com/

In the USA I'd say stick with whiskey and bourbon. The wine bubble was 20 years ago, kid, and you missed it.

>>23401264
>>23401294
Any specific products to look for at the local stores? Like would OP’s pic be something to get as soon as it’s released? Any tips on how to tell what will be coming out to buy?

>>23400941
I just got a DUI. How do i profit from this?

I am too tired to reply properly. But, if you think the conditions in your cellar are the same as a warehouse for whisky you are mistaken. Second, you will not get a lot of money for whisky that you have aged, you are nobody and you cannot vouch for your product. How the fuck are you gonna bottle it too? Do you think you can buy new make spirit from Macallan and store it in your cellar for 50 years and then bottle it and sell as 50years old Macallan? It won't taste the same as all. Good luck, you are gonna blow your money LOL, or look into becoming a whisky producer

>>23401410
>Local stores
Hard to say without knowing where you are. And obviously the best way to find out is just to look up what brands are currently premium and historically appreciate in value then go to your local liqour guy and ask for either those brands or brands that are similar to them in flavor profile and longevity.

Like, everyone knows about Papi van Winkle, Glenmorangie, etc. Once you build up a rapport OR you develop a good sense of flavor and potential, you'll learn to spot the gems hidden in the dross that haven't yet hit it big.

That said, I only rarely drink wine so I don't know anything about whiskey, tequila, vodka, etc. and what the market wants. I only care about this stuff insomuch as I can flip it.

>>23401467
forgot to attach a nice picture

>>23401467
Nah, he doesn't want to make a new whiskey, just flip it like >>23401264 who is entirely correct. Build a rapport. Get known in the local biz by going to events and learning and becoming friends with store owners.

But it's not that hard to make a new whiskey/wine/etc these days. At least, I mean, not hard business-wise. It'll be hard physical labor-wise and expensive, but it's not hard to launch a new product and be happy with modest success.

>>23401468
I've scored 29 dollars glenmorangie 10 here where I live, how the fuck do I flip it? Living in Romania

>>23401467
This, plus the age of luxury and decadence might be over.

I'm stacking tulips in my garden waiting for tulip bubble 2.0

>>23400941
What's an alcohol watch?

I need one of those.

It could be like a normal watch used to keep track of pub closing time and it could have a straw attached to it to help you drink.

Also you could amuse yourself, (and others) by loudly exclaiming "it's beer o clock" after consulting it.

Why arent you scamming people using fake bottles & labels and shit. Think i saw a documentary about it once, take shortcuts my dude

So I have to be able to store it propperly, is it cost effective to get a custom cellar room with temp controls etc? Or is there a way to buy it and have someone else store it?

And whats this about becoming a whisky producer? you mean making it myself? how much are we talking here to get set up. would it be possible to set one up in the UK for less than 100k?

>>23401508
there will always be someone, look at all the rich people trying to buy pokemon cards lol. People pay 100k for a desert with edible gold in it, unless the whole world becomes 3rd world. but even then your fine drink will be one of the rarest things in the 3rd world and will buy you the finest bag of ultra rare rice

>>23400941
It's just storage logistics for alcohol. Temperature and humidity control are important for long term collecting. Just to clarify for you, you don't age whiskey. Any aging that whiskey will do is going to happen in the barrel before you ever buy it. This is generally true for all spirits, though a few exceptions like chartreuse exist. You could theoretically make or purchase your own barrels and fill them with unaged spirits, but your final product will probably be inferior to what you can buy off the shelves and you will have wasted years on a pointless project.

>>23401558
I saw the wine documentary about that, basically mass producing it and then labelling it as the special wine whatever it is

>>23401453
You don't. Enjoy your $10k-$20k total losses, retard.

>>23401467
Whiskey stops aging once it's in the bottle. That's the definition of aging a spirit. Cellar conditions are not complicated either. Temperature, light, and humidity(moreso for wine). An argument could be made for shock but that's getting a little extreme. Just don't go holding your mom's vibrator against the bottles and it's probably fine.
There's a real scotch shortage too and it's bleeding over even into bourbon. Just not enough supply to meet demand so your 20 and 15 year olds take a price hike and or production cuts. The warehouses are expensive and take a lot of room that could go towards the younger stuff. Expect to see blends become even more common and 10 year olds to become the next 20 year olds. Already you have people advertising six year olds like it's something special. Realistically it's not a whole lot over the minimum age. I wouldn't go seeking weird shit just for this though. Buy what you drink, that way worst case scenario you always have your favorites on hand. Unless of course you can get your hands on the real short stuff like pappy.
For wine it gets tricky. Good vintages from good regions. Some years are better than others and the best region for any one grape can change year to year as it goes beyond just the terroir. Rainfall and temperatures are huge while it's still on the vine. Basically you have to follow the winefags for this. Higher rating and smaller runs from well known vineyards is a good start.

>>23401497
You don't flip glenmorangie 10. It's widely distributed and easily available in many markets. Nobody shopping in secondary markets will look for it, and if you posted it in offer to a whisky collectors' facebook group or something you would be laughed at and possibly banned for trolling.

>>23400941
Would be easier to just open a liquor store.

>>23401632
It was pretty complicated in that you need to get the labels and stuff lined up perfectly, some chemicals to make it look dated or whatever, it was pretty high level stuff, honestly if i knew more about the field id at least be tempted to pull it off, invest few grands in actual aged stuff and flip them for barely profit, but occasionally shove in a really good fake that is pure profit

>>23401410
Anything by buffalo trace is an easy rule of thumb to start out. Join local Facebook bourbon groups and they will let you know when something hot is getting stocked near you, and then it's just being the first on delivery day. If you don't live in a control state it's impossible though because all the high valued stuff go to their regulars and big spenders or are used in promotions. There are also local subreddits depending on where you live.

>>23401752
Depending on where you live, it ranges from pretty hard to incredibly hard to open a liquor store. Alcohol is probably the most heavily regulated non-fissile material in the world. And the margins are very small because of high competition and regulatory costs. Buying retail and reselling on the secondary market is much easier.

>OP bottle costs ~$100k

imagine breaking it, just imagine

I think I'll stick to shitcoins

>>23401250
You have to go back.

>>23401752
I'm in the UK, we have speciality wine stores etc, but most people just go to the supermarkets

>>23401821
>>23401814
I live in the UK, any tips for me how to find out about this? is there special UK based drinks I can buy?

>>23402097
Americans pay less for scotch and Irish whiskey than Scottish and Irish people do. Which is insane because we are getting raped by taxes hard here. I can't imagine how bad y'all must have things if it's not even imported but still costs more to buy.

>>23402143
I doubt it. Most of the valuable stuff never leaves the US. But I'm sure there are guides on it, you might have a better chance at Scotch, but it's probably an entire different environment.

>>23400941
Goldenbullcrypto.com do that, they allow you to have a share via NFTs

>>23401642
Can confirm, dad paid 10k and 6months no license

>>23400941

casktrade.com

I just found this, what do you think? It says you can invest from 8k, and you buy a cask that they store, not sure if they take a ton of margin or fees though, they have to be making a profit somehow

https://whiskyinvestment.london/?channel=Google&adgroup=Whisky&gclid=CjwKCAjwlbr8BRA0EiwAnt4MTrXdfNXLi1CKHauv_Sjm3yBL-Mcr4lbV7aP1BTOFEFOi6ztwD7oFVhoCqIEQAvD_BwE

>>23401264
I got a bottle of Elijah Craig 23 I robbed from my boss' house what is that worth?

>>23402015
Nah, OP has to go back (to school).

>>23402097
I can't advise on how to open a shop there, but I suggest scotch and irish whisky distillers and looking for distillery-only products on their gift shops. You've probably got some craft gin distillers even closer to home that may have something that would catch collectors' eyes. In the EU generally I would be looking for small productions that are scarce away from the source. But all of that is just a hunch, I'm mostly extrapolating from experience in the business in burgerland.
A caveat would be that if you travel internationally often, to check duty free shops that sometimes have rarities that aren't sold elsewhere. A good example would be Blanton's Gold or Blanton's Straight-from-the-barrel. Neither of those can be purchased in the US (even though it's made in Kentucky), but you can get them in duty free shops and in Japan for under $100 and then resell them at home for 3x or better.

>>23402580
$800

>>23400941
Any high-end wine will sell for a fortune in 50+ years. Many good liquor stores will sell already old and expensive wines for a couple thousand, so buy one of those and store it like you would a precious metal and watch the price bump up to the tens of thousands once it gets to over 100 years old. If you want to start from relatively new brands, look for some kind of small batch reserve with a prestigious name behind it. That's the kind of thing you'll need to pass down to family to accumulate massive value.

>>23401730
don't you think collectors would buy glenmorangie 10 from the 80s?

I bought a bottle of this because I thought it looked cool. Is it worth saving or just drink it

Buy special edition whiskey in Scotland and flip it to yanks.

>>23402143
Lol no.

>>23403390
Yeah, probably. I haven't dealt much with old label scotch, so I don't really have a point of reference to draw on for how much it might be worth. People who collect their birth-year bottles are a thing, and people who collect certain brands, so if you can connect with a niche collector like that you'll get a better price. In the US that sort of thing is usually done on facebook groups, so I suggest you start looking there.

>>23403390
yes. Like most generic crap scotch from the 70's-80's it sells for about $350 US per bottle. You can find it online.

I have a couple 70's and 80's Chivas Regal bottles I was given for christmas. I drank them, but they were worth $350-$375 at time of purchase. I still have the bottles in case I feel like refilling them, but no collector would buy them with the seals broken.

Ok so my plan is to find a wine shop, and ask them what is rare and if they have anything

>>23404298
>Jack Daniels
>Worth saving

my goal is to build a cellar below my house and stock some investments there

>>23404485
huge collector's market for both the bottles and the actual whiskey. Not a wise or discerning collector's market, but for making money the dumber the better, no?

>>23404298
Absolutely worth saving. Jack collectors are a special kind of autistic. That was already selling for double msrp on secondary when it was still on shelves a few years ago.

>>23400941
Watches?!
I just got my G-Shock GD100-MS1.
I know, I know. Not a million dollar timepiece, but it's much nicer, and far more tough than what I had before.
Plus I dig the tacti-cool look.

>>23400941
This thread is a good idea but delivery sucks OP.
Guns have done well, check out guns like the colt python and old Winchester rifles. It’s hard finding the next thing desu. Rolex’s are good too but hard to buy at retail prices.

>>23404453
I hope you plan to be more specific than that.

>>23400941

Terrible idea and too much extra work.

Shitcoins are unironically the way until 2022-2023. Read about DMG.

>>23404669
based and school shooter pilled

>>23400941
wouldn't you get in trouble with the ATF reselling alcohol

im buying up as many hakushu and yamazaki non age statements as i can since the 12 and 18s have already reached their peak

>>23406736
That's why it's done in cash or crypto and in small amounts so you can say it's not a business on the off chance you get caught. Even reselling Pokémon cards for a $10 profit you are supposed to pay short term capital gains. People rarely do unless they have enough volume it becomes suspicious. Beer guys just say they are collectors and trade rare beer for rare beer or cash when the other party has nothing good. People break the law all the time. It's just hard for le to care when there are no victims and nobody finds out about it.