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Liquor in general. Don't buy the cheapest shit on the shelf, go for the 25-50 range and you'll be set. Unless it's something you're passionate about and enjoy exploring there's no need to spring for the expensive booze. Liqueres and assorted (non liquor) cocktail ingredients on the otherhand... go for the genuine article. 99% of the time you'll still be in that 25-50 range so I hardly see a point in being cheap with them
Greatly depends on the type of alcohol. Since aging usually makes things more expensive and generally it greatly reduces the bitterness and alcohol "sting" as well as increasing the flavor from barrel woods and other additives, things that are aged often take a big jump in quality along with the big jump in price.
But outside of aging, you're definitely on the money. The stuff that's 25-50 is usually the best bang for your buck. The more expensive stuff is usually inflated by marketing like good advertising to make it popular or gimmicks like fancy bottles.
I respectfully disagree, with the caveat that alcohol prices are highly location dependent. $25-50 will get you a great bottle of bourbon, rye, rum, cognac, etc. You're right that aging drives up the price but you'll be in good company for the majority of aged spirits. Exceptions being scotch and Irish whiskey but just barely. And even then you can find really good bottles in that price range for both if you know what you're looking for. 100% agree that the fancy stuff is usually inflated due to marketing and other associated pap
I'm a big fan of islay whisky, and while there's a lot of good stuff in the top shelf, the middle shelf should also have a lot of nice ones.
Lol, I've said for years that you should always buy second cheapest booze (unless it's a variety you're passionate about). Never go cheapest because... Shudder... But usually second cheapest is good enough.