i buy to smoke period, these are finanical investments, but investments in pleasure for me.
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I think it is quite straight forward in a basic sense.
Blue chip CC's gain 5-10% per year. For instance a box of PSD4's about ?250 new, a 10 year old box about ?500, a 20 year old box about ?1000
However for that gain you need to factor in several costs and variances:
The initial cash requirement
Storage (that need to be temp and humidity controlled for investment purposes).
Insurance
Risk (fire/flood/weavles etc)
Market fluctuation
Currency fluctuation
Production rate variation
Unknown ageing factors (can anyone say Monte D EL 2006)
Supply and demand
Documented provenance
So the short answer is you can make some money, the long answer is far more complex.
In many ways wine funds are more stable because there are not going to be any new Premier Cru's anytime soon, the model is proven and the supply is very limited (and controlled) for first growths etc. Cuba is a little more unstable.
IMHO - If you could afford the initial outlay and the delay in seeing a return there is money to be made but I suspect it would not make a strong investment case from a start-up point of view.Originally posted by Simon BolivarLittle medical correction there Steve, you will surely die...but not from smoking these
Originally posted by RyanI think that's for lighting electronic cigarettes
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While it might be fun there are probably better and more secure things you could invest in. Ageing cigars for me would be more about personal enjoyment and the fact that i bought the cigars cheap years ago and if i wanted to smoke something similar today, if i could find it, it would cost a small fortune. I like to keep business and pleasure separate otherwise it would take the enjoyment out of smoking.
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Originally posted by jibjob79 View PostWhile it might be fun there are probably better and more secure things you could invest in. Ageing cigars for me would be more about personal enjoyment and the fact that i bought the cigars cheap years ago and if i wanted to smoke something similar today, if i could find it, it would cost a small fortune. I like to keep business and pleasure separate otherwise it would take the enjoyment out of smoking.
+1 i want to enjoy smoking them not worrying about how much it may be worth
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Investment
Originally posted by Seriesteve View PostI bought quite a few El's back in 00, 01's,2's, 3's.........and so on to 10's
with the possibilty of selling them on at some stage ....
Now 10yrs later I dont really want to sell them, I just want to keep them for myself
When I see them, smell them, touch them, I cant bear to sell them... Or for that fact, Smoke them
Nice to discuss this back with more later..
Ss
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Cigars for Investment
A serious cigar collector i assume that he would store his investment properly.
A serious cigar collector he sould be a serious cigar smoker.
Always will be collectors around that wants to buy.
Could spend thousants and thousands of pounds yearly to collect,the variety is huge therefore the collector should limit his preferences according to his buying power.
To start with the LEs since are better smokes buy 2 boxes smoke 1 and keep the other.
The REs buy 1 to keep and a few sticks to try.
Reserva series another star to buy.
The Porcelain Jars is a fantastic choice (especially for me).
The book collection is another interesting item.
Personally i like to collect it doesn't interest me if and how much i will sell.
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Originally posted by Seriesteve View PostI bought quite a few El's back in 00, 01's,2's, 3's.........and so on to 10's
with the possibilty of selling them on at some stage ....
Now 10yrs later I dont really want to sell them, I just want to keep them for myself
When I see them, smell them, touch them, I cant bear to sell them... Or for that fact, Smoke them
Nice to discuss this back with more later..
Ss
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Originally posted by platonas0796 View PostAbsolutely agree with you,i feel exactly the same,also there is a part of Cuban history to consider
Ss
Off to See,Smell and Touch em nowsigpic
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Originally posted by Stevieboy View PostSteve - I've got almost every single LE since 2000 and I just can't bring myself to spark them up and I don't think I ever will...I love owning them too much!
Another same Schooler
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http://www.youtube.com/user/AyeAyeMurray?ob=5
Live & Dangerous ;-) ...... http://ayeayereviews.com/
Twitter @AyeAyeReviews
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