Invest in Tobacco?

[Ben.R.C]

I stockpile stuff I really like, not to age, but to get at the best possible price, since it’s always going up, and to have in case it’s discontinued, which seems to happen all the time. I do have stuff that I’ve grown out of and will try to sell or trade eventually, but that’s not a goal.

 

[MattRVA]

I’m looking at my 3 totes full of tobacco now… sometimes I feel pretty damn silly, having stocked up this much but I’m glad I did. When I smoked cigarettes there were times that I had a lot of anxiety about running out and I always had enough cigarettes to last until I could get more… some mornings when I was young and broke I’d collect butts from the ashtray and roll my own. I do miss cigarettes occasionally but I never in my wildest dreams would have thought I’d have a lifetime of tobacco at arms reach. Not an investment in the monetary sense but definitely an investment in security. One thing I didn’t seriously consider, is that I’m not positive I’ll be smoking till the end… perhaps I have too much! Happy collecting!

 

[sablebrush52]

Assuming nothing really bad happens I'll sell off a chunk of my cellar, probably next year. One thing this move has proved to me is that I have a stupidly large amount of tobacco, small compared to many others, but way beyond anything I'll live long enough to consume.

I didn't buy any of it as an "investment" which is a monumentally stupid idea, but to smoke, which is also a monumentally stupid idea, but one that gives me pleasure.

Some of it consists of starfucker blends and I'll sell them for the most I can get. If someone wants to spend $500 for 8 ounces of something, who am I to deny them the opportunity. Consider it a form of economic redistribution. The buyer is clearly overpaid and I get to correct that.

The rest of the cull will be top quality blends, but not starfucker blends, and those will probably go for around twice what I paid for them, more or less. That would be break even, considering that they're 8 to 12 years old, and some older, versions of well regarded blends with better components than the stuff currently going into the tins. I'll keep an eye on market prices as a guide.

The rest I'll keep and my family can ignore my instructions and just dump it all in the trashafter I fall off the twig.

ETFs, equities, property, etc., are investments. Tobacco is an indulgence.

 

[AcesAndEights]

I’ve thought of this before. I’ve managed to acquire a few tins in my short smoking career that I could easily triple (maybe more?) my money on. I often wonder if I’ll actually ever be able to bring myself to popping them and setting fire to the contents.

Then I go out to eat with the fam and spend $25-30 getting each of the three littles a kid’s meal of Kraft Mac n cheese and a half pint of chocolate milk, and the chocolate milk is the only thing that gets touched. So I guess burning a tin of tobacco to ash that I may have been able to sell for $60 isn’t the biggest waste of money I’ll encounter!

 

[Lumbridge]

I have an "aged" tin of Cult Blood Red Moon that I'm willing to part with for the absurdly low price of only $200, if anyone is interested.

 

[Worknman]

At the bare minimum it holds its value as a hedge against inflation. Either you'll smoke it or you'll sell it for what you paid for it, if not more.

 

[didimauw]

Agreed! Do not click on that link. I have already contacted the moderator regarding this.

Taken care of

 

[JackOrion]

Beats most people’s plan of a shopping cart with four bad wheels.

No one bugs me about smoking my pipe when I’m cruising my cart around.

 

[jpmcwjr]

Sorry I was out yesterday and missed the opportunity to chop that guy off sooner. Editing someone's post is dastardly -> banned. Sneaking in links-> banned twice!
This one is done. There's no "investment" in tobacco unless you have over 100 pounds. Even then it's not really an investment in normal terms.