I have been a member on this forum for a little while and as much as i love reading the general investment topics i was wondering if anyone out there invested in niche markets and how successful you have been?
I have recently started collecting Bundaberg Rum limited edition bottles, i am not a huge rum drinker but i think that the distillery has made removing the "bogan" stereotype one of their priorities, they are doing this by releasing more expensive bottles in the $50-90 range with more fine whiskey/port characteristics. I bought a few bottles early last year and the other day noticed they had doubled in price! Luckily i have been buying a few bottles of most of the releases and stashing them away so that hopefully they might increase in value over the next 5-10 years. I think i am up to about a dozen or so bottles with a few more looking to add to the collection over the next week.
I recently read in the virgin magazine that jewellery and watches make up a huge percentage of India's wealthiest portfolio's. The main question here being, do you invest in niche markets, maybe whiskey, art or whatever, and how much success have you had?
I am not really looking at making huge amounts of money in this little market i have found with Bundaberg rum but i actually sort of enjoy looking around and collecting the bottles. I was looking at getting into wine, but don't have the resources of a cellar and the taste to pick a good red, the good thing about spirits is they don't need cellaring.