Author Topic: Alternative Investments  (Read 3217 times)

SharperDingaan

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Re: Alternative Investments
« Reply #20 on: July 14, 2019, 05:23:06 AM »
Most people think of collectables as just stamps, coin, art, jewelry, toys, cars, rugs, etc.
Held primary for the ‘enjoyment’ of looking at, or using them, while you’re praying for a rise in price!
All physical things .... with zero consideration of intellectual property.

In a former life, and time, I happily miss-spent some youth bootlegging a number of fine beverages that I’d made myself. Well appreciated beer and spirits, using home-built equipment, and ‘ancient’ family recipes that had been heavily modified as they travelled through various parts of Africa. Recipes as collectables, or IP.

Recipes that were resuscitated by family in the UK, brewed up by contract brewers, and product sold at various markets and ethnic events throughout the country. Profits helped put the nephews through universities of their choice, but sadly the cut and thrust of flogging beer did not encourage them to take up business as a career. Serving sorghum-based beer out of a barrel with a calabash, to beating African drumming; and packaging in 3l glass growlers, requires a bit of panache ;D. But it’s great fun.

Recipes/’how to’ knowledge by themselves aren’t worth anything, until you use them.
But the ROI on that IP? Infinity.

SD
« Last Edit: July 14, 2019, 08:58:25 AM by SharperDingaan »


cherzeca

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Re: Alternative Investments
« Reply #21 on: July 17, 2019, 09:29:37 PM »
My Grandpa got me into coins when I was a kid.

I stuck mostly to Morgan Dollars & St. Gaudens $20's because I was familiar enough with them to be able to grade unslabbed coins & would occasionally (rarely) get an MS60 that was advertised as AU58.

Also bought US Gold & Silver Eagles in mint & proof until gold went above $500 & haven't bought anything since.

I sold most of what I had at $1500ish & kept some Proof Silver Eagles, Morgan CC's in the Nixon boxes & a few St. Gaudens & Liberty $5's which I'd gotten from my Grandpa & will never sell.

I also kept a nice racketeer nickel set that he gave me.
These & the Nixon CC's are more valuable to me than the market would ever give.

Many decades ago, I found a 1916D mercury dime in a bag of silver that he'd bought & we both freaked out.

I was very young & he let me keep it.

I found out much later that the coin is a counterfeit but the love it contains, was & still is very genuine.

I believe that getting kids into numismatics may very well be fundamental in teaching the value of money & frugality.

there is no love in stock picking but there can be love in collecting.  some of the best times I had with my pop was working on old land rovers.  tangible objects can be the repositories of meaning and love...and maybe even money but who cares if you get your meaning/love well filled?

merkhet

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Re: Alternative Investments
« Reply #22 on: July 18, 2019, 05:47:22 AM »
My Grandpa got me into coins when I was a kid.

I stuck mostly to Morgan Dollars & St. Gaudens $20's because I was familiar enough with them to be able to grade unslabbed coins & would occasionally (rarely) get an MS60 that was advertised as AU58.

Also bought US Gold & Silver Eagles in mint & proof until gold went above $500 & haven't bought anything since.

I sold most of what I had at $1500ish & kept some Proof Silver Eagles, Morgan CC's in the Nixon boxes & a few St. Gaudens & Liberty $5's which I'd gotten from my Grandpa & will never sell.

I also kept a nice racketeer nickel set that he gave me.
These & the Nixon CC's are more valuable to me than the market would ever give.

Many decades ago, I found a 1916D mercury dime in a bag of silver that he'd bought & we both freaked out.

I was very young & he let me keep it.

I found out much later that the coin is a counterfeit but the love it contains, was & still is very genuine.

I believe that getting kids into numismatics may very well be fundamental in teaching the value of money & frugality.

there is no love in stock picking but there can be love in collecting.  some of the best times I had with my pop was working on old land rovers.  tangible objects can be the repositories of meaning and love...and maybe even money but who cares if you get your meaning/love well filled?

+1

Castanza

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Re: Alternative Investments
« Reply #23 on: July 18, 2019, 06:16:03 AM »
My Grandpa got me into coins when I was a kid.

I stuck mostly to Morgan Dollars & St. Gaudens $20's because I was familiar enough with them to be able to grade unslabbed coins & would occasionally (rarely) get an MS60 that was advertised as AU58.

Also bought US Gold & Silver Eagles in mint & proof until gold went above $500 & haven't bought anything since.

I sold most of what I had at $1500ish & kept some Proof Silver Eagles, Morgan CC's in the Nixon boxes & a few St. Gaudens & Liberty $5's which I'd gotten from my Grandpa & will never sell.

I also kept a nice racketeer nickel set that he gave me.
These & the Nixon CC's are more valuable to me than the market would ever give.

Many decades ago, I found a 1916D mercury dime in a bag of silver that he'd bought & we both freaked out.

I was very young & he let me keep it.

I found out much later that the coin is a counterfeit but the love it contains, was & still is very genuine.

I believe that getting kids into numismatics may very well be fundamental in teaching the value of money & frugality.

there is no love in stock picking but there can be love in collecting.  some of the best times I had with my pop was working on old land rovers.  tangible objects can be the repositories of meaning and love...and maybe even money but who cares if you get your meaning/love well filled?

Been a long time dream of mine to own an old Land Rover or Toyota Land Cruiser. For now I have to settle for my Tacoma.