How much is too much tobacco in regards to cellaring tobacco?
When the package ruptures you've gone to far. It's sorta like a turkey timer.
How much is too much tobacco in regards to cellaring tobacco?
I don't believe the majority of people who have excessive cellars consider it an investment, at least as a primary reason for purchasing so much. The investment justification is just an off hand rationalization. At $100 per pound, which is more than it actually costs, 600 pound is $60,000. What kind of second house are you going to buy with that? I think it's much simpler than that. People with hundreds of pounds of tobacco can easily afford it with purely discretionary income. And it is a real pleasure to constantly smoke well aged tobacco.It's strange to me how often people invoke their family -especially kids- in these types of threads, because the cost of hoarding invariably comes up. For some people, it's a fair amount of change that could probably be invested in some more.... interesting things that could actually be put to use.
But, maybe I'm wrong and tobacco is going to be a stellar investment! I just don't see that play out in the forums or elsewhere when people try and sell stuff, assuming it's not just a one off of a "rare" blend. You will often see the "bump" comment to push up a thread. Followed by price reductions. Then eventually maybe a sale. In small lots. Or large lots at a large discount.
Buy a second house, a patch of land or some stocks in something that pays a reliable dividend and re-invest that. Maybe a college fund. They'll likely appreciate it much more... It'll sure as hell be easier to unload when the time comes.
I know that few people actually see this as an investment (I hope), but the sentiment comes up fairly regular and I cringe whenever I see that.
I dunno . . . I was once told by a Urologist that "as far as your prostrate is concerned, too much sex is just enough."Don't listen to his nonsense. It's actually "He who dies with having the most sex wins". Don't let these guys mix up your priorities
You're probably right.The investment justification is just an off hand rationalization
When you start running low on living space.How much is too much tobacco in regards to cellaring tobacco?
I think pipe tobacco has substantially outperformed the stock market in the past year.You're probably right.
There are valid points to be made for acquiring a large collection of tobacco. Lots of speculation to sort through as well.
But, like you say, it is likely throwaway money -an odd term, but most of us are guilty of some "waste"
For investment of $60k, that is a down payment for a house in some areas, or a condo. You could even get by on less. Followed by renters, if it's in the right location, it's usually a pretty good return on investment.
Or, on a sliding scale, lower amounts could go into a conservative stock portfolio with dividends that would do pretty good if you have time.
Anyway, that's all off the rails and a very minor point in this topic. As you say, it's likely an off hand rationalization and it doesn't matter. It further doesn't matter because it's not my money!
the investment angle works on one tiny level. If you don't want the stuff you can probably get a little back. It's not an investment but it's a hedge against wasteful spending. If you want to invest there are much better things. But if you change your mind on a blend or smoking you can recoup.I don't believe the majority of people who have excessive cellars consider it an investment, at least as a primary reason for purchasing so much. The investment justification is just an off hand rationalization. At $100 per pound, which is more than it actually costs, 600 pound is $60,000. What kind of second house are you going to buy with that? I think it's much simpler than that. People with hundreds of pounds of tobacco can easily afford it with purely discretionary income. And it is a real pleasure to constantly smoke well aged tobacco.
Perhaps pipe tobacco will be readily available at a fair price 10 years from now. I hope so, I'll probably still buy some. But if it's not available and/or the price has become excessive, I'll sure enjoy not having to be concerned with either issue. Those choosing an alternative
opposite strategy may be shit out of luck. I prefer a strategy that covers more scenarios and presents a win win regardless. YMMV.
Don't worry about spoilage, but tippage. If that stack falls on top you it'll bury you alive!Not at all.
Profitably?That was fine until we moved to Florida into a smaller house and no room to store that amount. So I sold a lot...
Such as...?If you want to invest there are much better things.
Yes.Profitably?
So true.I’d say most of us in these forums have way too much tobacco. It is a nice feeling when you finally get rid of TAD (Tobacco Acquisition Disorder) and just enjoy what you have without ever worrying about having to buy a single tin ever again