Value Investing and Sure Things in Time of Corona

[3rdguy]

For sure. I am down 0.5% for the year right now, counting my blessings.

 

[alaskanpiper]

For sure. I am down 0.5% for the year right now, counting my blessings.

Yeah I had some fat gains from some buys in december that just are nearly completely erased now, hahaha. Oh well, buy the dip and wait for the rebound as always, right? hahaha.

 

[chopper]

With the stock markets corona shivering all the way down into the cellar i decided to invest my last pesetas in a safe asset that will never be cheaper than it is today. I'm of course talking about pipe tobacco.

Added a bunch of tins to my shopping cart and placed an order with the excellent smokingpipes.com... and thats when Swedish Big Brother wants a word... Sales tax for non EU purchase 25%, Tobacco toll 75%, Tobacco weight tax 5.60 USD per 1 oz, toll expediting fee 7.8 USD... And once again I'm reminded that the only sure things in life are taxes and death and they both seem to be getting bigger these days.

Realized that this post my sound a bit gloomy, not my intention, no gloom here , just some reflections.

Not good but it could be worse.
Here in Nanny State Australia, a 50g of Amphora Full Aroma for e.g. is now $120.
There's another indentured 15% tax hike coming soon and another one IIRC, near the end of the year.

"Civil disobedience" you say? Before the %^#@ authorities shut the door on importing tobacco, I made sure to stock up. Hopefully over 35lb will be sufficient for my needs.

 

[shanez]