Wash and pit peaches. Cut into halves or quarters.
Place peaches in a large ½ gallon glass container.
Add cinnamon stick and pour sugar over peaches.
Pour vodka and rum over top of peaches. Add a bit more of either liquor if need to completely cover the peaches.
Place lid on container and rotate container to mix the sugar. If the sugar is stuck to the bottom of the jar, just rotate jar a couple of times a day until sugar is fully dissolved.
Place the container in a cool, dark location and let steep for 2-6 months. The liqueur is ready whenever you like the flavor.
Strain off the peaches and remove the cinnamon stick. Place in glass containers.
