While my cellar is growing (because I buy more than I smoke) I am not actively building a cellar. Some of the reasons
- I think even if internet sales are stopped, tobacco will continue to be available in B&Ms for quite some time
- While tobacco may be cheaper today, the money I put in tobacco at a minimum if invested will give 9% return. By the power of compounding the money will also grow
- Money put in discretionary goods like tobacco is sunk. If kept invested, it can be used during a rainy day. It’s the grasshopper who saves tobacco. It’s the ant who invests the money in return producing assets
- Everything said and done - I have calculated that I need about $15,000 worth of tobacco. If I spend 15K on tobacco people will question my sanity at a bare minimum
- I need about 1000 ball jars to store them. While I do have a small cellar, I don’t want my house to look like a tobacco warehouse