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Old 02-23-2005, 01:49 AM
Terry Terry is offline
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Join Date: Sep 2002
Location: The Appalachian Trail
Posts: 660
Default O/T Looking for \"under the mattress\" type investment

Does anyone (who knows what he’s talking about) have any ideas or advice for some sort of bury it in the back yard or hide it under the mattress type investments? Something that a person can easily buy for a couple hundred or a couple thousand at a time every once in a while?

It should be something that doesn’t require a lot of specialized knowledge (art work, classic books, antiques, etc) or time consuming market following, nor anything that generates additional paper work and tax complications. Something other than “put in stocks and wait.”

Something that has a chance to beat inflation over a 10 or 20 year period ... not a 1.4% CD or Money Market account.

Not Franklin Mint Collector Plate / Star Trek Chess Sets pathetic and hopeless type crap.

I know that investment grade diamonds are something very different from jewelry store diamonds, but that is the extent of my knowledge on that subject. They are probably out of the price range, anyway.

Are the tanzanites they’re pushing on Jewelry TV in the same category as collector plates, preying on stupid, poor people or are they actually an “investment” with some potential?

Something that is pretty easily liquidated when the time comes. Bags of silver coins, perhaps? Or some particular sort of gold coins or bars? Can they readily be sold in coin shops or somewhere without taking a huge beating on both buying and selling?

Any ideas?
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