I was watching an investment advice show this weekend and one part of the show has the host taking calls from people who want to buy something and want to know if they can afford it. I find this part of the show highly entertaining mostly because most people can't afford anything even close to what they want to buy.
Anyway, one guy calls in this weekend and wants to buy a bottle of Glenmorangie Pride 28 YO, 1981, 56.7, 1 l for US $3100. I laughed out loud before he was even to tell the host his income, debts, balance sheet, etc. He was only 26 YO, and he wanted it for investment purposes. He made decent money and had income, savings, etc. for his age, but I can think of no circumstance which a drinking whisky like Glenmorangie could be considered an investment. Maybe an old Macallan, Highland Park, Ardbeg, Springbank...or a host of others. Forget that he couldn't really afford it. I suppose if he wanted to save and consume it on a very special ocassion in the future I would have thought , well maybe. Buy at $3100 for a Glenmorangie as an investment, I wonder what he could be thinking?!?!?!?!?!
Is there anyone on this fine board who invested in a bottle of Pride? Please educate me.
"The light music of whiskey falling into a glass - an agreeable interlude." - James Joyce