Why do they call a cigar an "investment"?

[ciggy]

Ok...maybe some of you are rich enough to have a grampa jones with some pre-embargo boxes laying around but most of us joes save up our quarters to buy our favorite box or fiver. It seems all cigar cites refer to the term "Investment" on your purchase knowing full well you plan to smoke them. Why then are they called an "investment"? I sometimes wonder if down the road my cigar collection will save my 401k. I think the term "investment" should really be "savings" as the only thing I can think of is the rising cost down the road, so buy now to "save". Am I wrong?:dunno:

 

[Zen Cigar Man]

Cigars should be smoked. Most should be aged if possible, but they should be smoked. Doesn't matter if they are super-cool limited only 465 boxes made blah, blah - they should be smoked.



Unless they're Gurkhas.

 

[stroke]

I know of someone who recently invested in some dracs and tried to sell em for $50 a pop on Craigs list.... nah, that didn't work out for him...

 

[DeeDubya]

I generally buy more than I can smoke, so I consider the extra cigars to be an investment. Prices may creep up or down but over the long haul they will always increase. Since cigars improve with age when properly stored you get an extra benefit for buying ahead.

I watch for deals. Yesterday I got a box of VSG Illusion's for $179 on the Monster. That's not spectacular but good enough to buy and shelf for a year or two. They should be crazy awesome when I bust them out just before the big one in 2012. :ccowboy:

 

[tubaman]

Well, sometimes you can buy cigars that you might think will become much more expensive later and sell them at that time for a profit. For example, a box of current production Sir Winstons will sell for 275 - 310 depending on the source. That same box five years later will sell for much more. Some cigars will just appreciate in value, therefore they are viewed as investments. If you disagree with the term, ok. But really, we are dealing with a commadity and the value fluctuates based on supply and demand and public perception.

 

[ealfotd]

While I agree that some cigars will probably be worth more later if stored properly and not smoked. I usually think of the investment the way DeeDubya talks about it, they get better with age, so buying now is better than buying later, similar to a good investment.

 

[WkndSmoker]

Never know when times might get tight, always nice to have something in the home humidor. Plus is fun to browse through for what you are in the mood to smoke. I would not look at it a way to make money though, I would rather give someone a cigar to try than to sell it too them.


Wknd.

 

[ad1402]

I think of the "investment" as an investment in myself... cigars give me time to relax, reflect, or enjoy the company of others. It is a quality of life "investment" so to speak. I know that is not the way you were phrasing your question but it's another way to think of it. I tend to buy the smokes I like when I can afford them. It will be a long time before I can afford to buy any cigar that would be considered a financial investment.

 

[CuritibaRex]

Having some cigars but being unable to get money, will get you through times better than having some money, but no place to buy a cigar.

 

[stroke]

While I agree that some cigars will probably be worth more later if stored properly and not smoked.

couldn't agree with you more. I've tried to sell and trade my nubs (not the brand, the burnt ones) and nobody seems to bite...

 

[ealfotd]

couldn't agree with you more. I've tried to sell and trade my nubs (not the brand, the burnt ones) and nobody seems to bite...

:dunno:

 

[Cyrann]

Cigars should be smoked. Most should be aged if possible, but they should be smoked. Doesn't matter if they are super-cool limited only 465 boxes made blah, blah - they should be smoked.



Unless they're Gurkhas.

:rofl:

 

[kmckinn3]

I'm new to all this as well Ciggy but I've collected MANY things.
Money "invested" is supposed to earn you profit. Just like anything in this world... cigars can become kind of collector's items. A rare release comes out... someone buys it and just stashes it for a year then sells it for double! I've seen a couple Frank boxes selling for $300 this past month. That's why it's considered an investment... most cigars value increase with age.
I'm with you though, I don't have the money to be buying boxes and just stashing them.... but there are many people who do have the money to do that...and do!
I look for deals and or (like with Dracs) I hunker down and buy a box then sell what I can't afford to my brothers.
One day we'll be ballers and will have walk in humi's full of "invested" cigar boxes....one day my friend

 

[tmoney2007]

For LE sticks, they're investments if you have the self control to hold onto them until they are really rare... and if you don't mind screwing over a BOTL...

I do not have that self control nor do I want to make money off of people in this hobby. I try to only buy what I will smoke.

 

[CuritibaRex]

couldn't agree with you more. I've tried to sell and trade my nubs (not the brand, the burnt ones) and nobody seems to bite...

Sgt. Rock'd buy 'em.

 

[tubaman]

For LE sticks, they're investments if you have the self control to hold onto them until they are really rare... and if you don't mind screwing over a BOTL...

Sorry, but I think this is completely wrong. Do you really expect someone to hold onto, say a Davidoff Dom Perignon and then sell it for the same price that it sold for in 1985? Or do you really think that a jar of Monte Millenium Robustos should be sold for the same price that it sold for in 2000. Sorry, but that's not screwing over your fellow brothers if you are selling for fair market price TODAY.

 

[gibbleguts]

I think it could be considered an investment as well because you are dodging future taxes. Here in Canada prices go up every year with new taxes.
I never expect to see prices go down in my life time so I load up now in the hopes that I will always be able to have great smokes on hand. Many states are following our example so its not a bad idea to "invest" in a few
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[Proud Bear]

I think of the "investment" as an investment in myself... cigars give me time to relax, reflect, or enjoy the company of others. It is a quality of life "investment" so to speak.

+1

Bear

 

[ciggy]

That's how I feel about it too! Enjoyment not Investment:thumbsup: Not all of have the money for expensive cigars (I know I don't). So what I do have I enjoy and share with others which led me to BOTL:grin: