Fiscal Responsibility - Part II (Buying Plan)

N2Advnture · 11-26-2008, 08:49 AM

Again, I'm not trying to tell anyone what to do with their money. We're all grown ups here and you know what's best for you. This is merely a suggestion for successful planning / buying as it relates to cigars.

Buying plan (for maintaining current smoking habit):

Set a “Cigar budget”. Before embarking on building a cigar collection you will help determine how much of you disposable income you have to allow for cigar purchases.

Determine how many cigars you smoke.

Example: If you smoke 1 per day
365 cigars per year (average)
15 boxes per year (average)
1.25 boxes per month (average)

The above example is just based on your yearly smoking habit and will determine how many boxes a year to purchase and help set your “cigar budget”.

If you are looking to continue to smoke as you do now AND expand your collection for aging, here is “part 2” of the buying plan.

Buying plan (for building/aging):

*** This is the key part ***

Example (based on smoking 1 cigar a day):

Every time you open 1 box, immediately purchase another to replace the box you just opened (box #3). By the time you smoke through box #1 & box #2 - box #3 should be at least 3 years old (assuming you purchased the previous year’s box code).

In 12 months you will have 30 boxes that have a minimum of 1-2 years and some up to 3/4 years of age. If you open 1 of each, you should have purchased 45 boxes in 12 months – smoking through 15 of them leaving you with 30 at the end of 1 year.

In 24 months, you will be smoking boxes with a minimum of 2-3 years of age and some up to 4/5 years of age.

In 36 moths, you will be smoking boxes with a minimum of 3-4 years of age and some up to 5/6 years of age….you get the idea.

Make any sense?

Tips for reducing cost and increasing aged stock:
* Make a list of vitolas that are your “go to” smokes. Cigars you already know you like and smoke frequently. Then, stick to the list. (Just like grocery shopping, you tend to spend more without a list).

* If you want to try a different vitola, pick up a 5 er before rushing out and
buying boxes. This will help you avoid flavor profiles that you don't like and thus, help prevent unneeded spending on stuff you won't smoke.

* Forget about special editions, regionals, limited editions. These should not be included in your buying plan but should be included in your cigar budget!

* Wait for sales (especially year end sales, multibox sales, etc…)

* Don't buy different vitolas just because they are on sale. With some of the crazy sales, it's REALLY easy to keep adding various boxes to your shopping cart just because they are a "good deal". This will kill you buying/aging plan & your cigar budget. Stick to what you want to know you like and what you want to age.

* Buy “semi” aged stock (3 years old) or earlier and try to pick them up on sale for an added benefit.

I hope this helps and happy smoking!

~Mark

.

kaisersozei · 11-26-2008, 09:08 AM

The "building/aging" plan is one of the most helpful tidbits of cigar information I've read recently. Thanks!

Skywalker · 11-26-2008, 09:12 AM

Now you tell me!!!

Good stuff!!! Thanks Mark!!!

padronme · 11-26-2008, 09:20 AM

Who needs aged sticks with Padrons so plentiful.

N2Advnture · 11-26-2008, 09:24 AM

Quote:

Originally Posted by padronme

Who needs aged sticks with Padrons so plentiful.

LOL! You'd be surprised how good Padrons get with age

zmancbr · 11-26-2008, 09:28 AM

Quote:

Originally Posted by padronme

Who needs aged sticks with Padrons so plentiful.

Me... the more I smoke aged stuff (both NC and CC), the more I want to age all my stuff... It gets addictive

Great advice Mark... I definitely try to get a few extras to keep some spare boxes around for aging...

Another tip I have heard from a very knowledgeable inmate is if you only buy one box of something, grab 5-6 sticks out of the box right away and put them into a safe area and forget them. Then 5+ years down the road you will start to have some nice aged stuff that you didn't do anything special to get.

groogs · 11-26-2008, 09:31 AM

That is a great idea, but I don't think I could stick to it. I am far to impulsive.

davearob · 11-26-2008, 12:16 PM

Great advice...Thanks

TOB9595 · 11-27-2008, 11:30 PM

This is a well written bit of advice. If ONLY I understood this theory a LOT better when I was younger...I'd have a better flow of aging sticks passing through my stash.
WELL DONE.
Thanks for the ideas and how to accomplish this.
Tom

spectrrr · 11-27-2008, 11:39 PM

-excellent- advice. cigar buying / collecting can be impulsive aand adicting. Sticking to a careful plan can overcome the somewhat daunting task of building up an aged stock. It is advice I will be well to remember when I begin to buy things by the box.
Posted via Mobile Device

11-26-2008, 09:20 AM	#4
padronme We're #50 Join Date: Nov 2008 Posts: 6 Trading: (0)	Re: Fiscal Responsibility - Part II (Buying Plan) Who needs aged sticks with Padrons so plentiful. __________________ "Make all you can, save all you can, give all you can." - John Wesley

11-26-2008, 09:31 AM	#7
groogs Have My Own Room Join Date: Oct 2008 First Name: Grant Posts: 1,945 Trading: (62)	Re: Fiscal Responsibility - Part II (Buying Plan) That is a great idea, but I don't think I could stick to it. I am far to impulsive.

11-26-2008, 12:16 PM	#8
davearob Just in from the Storm Join Date: Oct 2008 Location: Alberta Posts: 41 Trading: (2)	Re: Fiscal Responsibility - Part II (Buying Plan) Great advice...Thanks __________________ Turn your face to the sun and the shadows fall behind you.....

11-27-2008, 11:30 PM	#9
TOB9595 Managing the UnManageable Join Date: Oct 2008 First Name: Tom Location: Central NJ Posts: 452 Trading: (12)	Re: Fiscal Responsibility - Part II (Buying Plan) This is a well written bit of advice. If ONLY I understood this theory a LOT better when I was younger...I'd have a better flow of aging sticks passing through my stash. WELL DONE. Thanks for the ideas and how to accomplish this. Tom

11-27-2008, 11:39 PM	#10
spectrrr Back in the midwest! Join Date: Oct 2008 First Name: Frank Location: Ohio Posts: 5,596 Trading: (20)	Re: Fiscal Responsibility - Part II (Buying Plan) -excellent- advice. cigar buying / collecting can be impulsive aand adicting. Sticking to a careful plan can overcome the somewhat daunting task of building up an aged stock. It is advice I will be well to remember when I begin to buy things by the box. Posted via Mobile Device

11-26-2008, 08:49 AM	#1
N2Advnture www.Cigarmony.com Join Date: Oct 2008 Posts: 642 Trading: (43)	Fiscal Responsibility - Part II (Buying Plan) Again, I'm not trying to tell anyone what to do with their money. We're all grown ups here and you know what's best for you. This is merely a suggestion for successful planning / buying as it relates to cigars. Buying plan (for maintaining current smoking habit): Set a “Cigar budget”. Before embarking on building a cigar collection you will help determine how much of you disposable income you have to allow for cigar purchases. Determine how many cigars you smoke. Example: If you smoke 1 per day 365 cigars per year (average) 15 boxes per year (average) 1.25 boxes per month (average) The above example is just based on your yearly smoking habit and will determine how many boxes a year to purchase and help set your “cigar budget”. If you are looking to continue to smoke as you do now AND expand your collection for aging, here is “part 2” of the buying plan. Buying plan (for building/aging): * This is the key part * Example (based on smoking 1 cigar a day): Every time you open 1 box, immediately purchase another to replace the box you just opened (box #3). By the time you smoke through box #1 & box #2 - box #3 should be at least 3 years old (assuming you purchased the previous year’s box code). In 12 months you will have 30 boxes that have a minimum of 1-2 years and some up to 3/4 years of age. If you open 1 of each, you should have purchased 45 boxes in 12 months – smoking through 15 of them leaving you with 30 at the end of 1 year. In 24 months, you will be smoking boxes with a minimum of 2-3 years of age and some up to 4/5 years of age. In 36 moths, you will be smoking boxes with a minimum of 3-4 years of age and some up to 5/6 years of age….you get the idea. Make any sense? Tips for reducing cost and increasing aged stock: * Make a list of vitolas that are your “go to” smokes. Cigars you already know you like and smoke frequently. Then, stick to the list. (Just like grocery shopping, you tend to spend more without a list). * If you want to try a different vitola, pick up a 5 er before rushing out and buying boxes. This will help you avoid flavor profiles that you don't like and thus, help prevent unneeded spending on stuff you won't smoke. * Forget about special editions, regionals, limited editions. These should not be included in your buying plan but should be included in your cigar budget! * Wait for sales (especially year end sales, multibox sales, etc…) * Don't buy different vitolas just because they are on sale. With some of the crazy sales, it's REALLY easy to keep adding various boxes to your shopping cart just because they are a "good deal". This will kill you buying/aging plan & your cigar budget. Stick to what you want to know you like and what you want to age. * Buy “semi” aged stock (3 years old) or earlier and try to pick them up on sale for an added benefit. I hope this helps and happy smoking! ~Mark . __________________ Home of the patented Humidity Bead System® humidifiers www.HBSHumidifiers.com

11-26-2008, 09:08 AM	#2
kaisersozei The Homebrew Hammer Join Date: Oct 2008 First Name: Gerard Location: Midlothian, VA Posts: 3,183 Trading: (40)	Re: Fiscal Responsibility - Part II (Buying Plan) The "building/aging" plan is one of the most helpful tidbits of cigar information I've read recently. Thanks! __________________

11-26-2008, 09:12 AM	#3
Skywalker BABOTL Join Date: Oct 2008 First Name: Dice Location: Galaxy Far Far Away Posts: 10,168 Trading: (18)	Re: Fiscal Responsibility - Part II (Buying Plan) Now you tell me!!! Good stuff!!! Thanks Mark!!! __________________ Smoke what you like!!!