I think there is a definite point where you are better off putting the money spent on tobacco in an investment strategy instead. Depending on your age, a decent investment is also likely to outperform what you may have to spend on tobacco in the future.
Different for every person, but if I have a year or two supply of whatever I like, that seems like enough to me. I don't worry about good tobacco disappearing, but my outlook is global, rather than whatever is happening in the U.S., so maybe that is slightly different from the dominate region of members here who may have reason to fear.
I just think there will always be a number of countries where I can get good tobacco and it is unlikely to change in my lifetime.
It's all a crapshoot.
But, to anyone suggesting that money spent on tobacco is a wise financial investment that you can sell off later at a profit, or that your kids will some day sell off and buy a house with, I disagree.
It would only take 1-2 select forum members -and that is just here- to absolutely saturate the market of many blends that are *sometimes* in demand or scarce. 1-2 bags of a certain blend may go up for some relatively large sums of money, but when it's 20-30 bags, it's a different story. Heavy discounts ensue.
And who is going to drip feed a "cellar" of hundreds of tins? Not many people have the time or patience for such a tactic, particularly when you consider the sums returned are not going to be all that impressive anyway.
It's just my opinion, but I do not think that pipes and pipe tobacco is worth nearly as much as some people think when they gaze upon their collections. It's not a liquid asset either. It's' mostly just a pain in the ass.
So, personally, I would not include that kind of thinking when thinking about my 'cellar' and how much to have. I think it is just a comforting thought to have for those who have gone way overboard, recognize that the pile is not aligned with reality, and then justify it by thinking that it has an inflated value. It just feels better to think of it in those terms.
I could be wrong (and often am about a lot of things), but that's how I think of it for now, based on seeing collections of pipes and pipe tobacco being offered for sale here and elsewhere.
So, I would only buy what you are absolutely convinced you will smoke in the next 5-10 years. After that, the returns are likely to diminish with wastage and money would be better invested elsewhere.
Different for every person, but if I have a year or two supply of whatever I like, that seems like enough to me. I don't worry about good tobacco disappearing, but my outlook is global, rather than whatever is happening in the U.S., so maybe that is slightly different from the dominate region of members here who may have reason to fear.
I just think there will always be a number of countries where I can get good tobacco and it is unlikely to change in my lifetime.
It's all a crapshoot.
But, to anyone suggesting that money spent on tobacco is a wise financial investment that you can sell off later at a profit, or that your kids will some day sell off and buy a house with, I disagree.
It would only take 1-2 select forum members -and that is just here- to absolutely saturate the market of many blends that are *sometimes* in demand or scarce. 1-2 bags of a certain blend may go up for some relatively large sums of money, but when it's 20-30 bags, it's a different story. Heavy discounts ensue.
And who is going to drip feed a "cellar" of hundreds of tins? Not many people have the time or patience for such a tactic, particularly when you consider the sums returned are not going to be all that impressive anyway.
It's just my opinion, but I do not think that pipes and pipe tobacco is worth nearly as much as some people think when they gaze upon their collections. It's not a liquid asset either. It's' mostly just a pain in the ass.
So, personally, I would not include that kind of thinking when thinking about my 'cellar' and how much to have. I think it is just a comforting thought to have for those who have gone way overboard, recognize that the pile is not aligned with reality, and then justify it by thinking that it has an inflated value. It just feels better to think of it in those terms.
I could be wrong (and often am about a lot of things), but that's how I think of it for now, based on seeing collections of pipes and pipe tobacco being offered for sale here and elsewhere.
So, I would only buy what you are absolutely convinced you will smoke in the next 5-10 years. After that, the returns are likely to diminish with wastage and money would be better invested elsewhere.
I just put it all in the spare room”
