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Tangible Investing!
Posted on 12/13/19 at 8:07 pm
Posted on 12/13/19 at 8:07 pm
I was curious if anyone invests in anything tangible.... investigating out of the fact I randomly have the impulse to realize my investments.... something cheap and fairly steady I’m not interested in huge gains just something I could keep on hand to enjoy periodically... I have looked in to the standards gold, silver, and coins... just curious everyone else’s insight
4
Posted on 12/13/19 at 8:09 pm to Hotgin
I work with a few clients that have some sizable art collections. Seems like a giant pain in the arse to me.
Posted on 12/13/19 at 9:52 pm to Hotgin
Look into bourbon or wine.
From what I’ve read, wine is daunting. Not sure about bourbon.
From what I’ve read, wine is daunting. Not sure about bourbon.
Posted on 12/13/19 at 10:02 pm to Hotgin
Not sure if this is what you’re looking for, but I downloaded an app called Rally Road that let’s you invest fractionally in tangible collectibles. I haven’t invested anything yet, but they’ve got everything from some older cars to Honus Wagner card to Hermès bags.
Cool app.
Cool app.
Posted on 12/15/19 at 6:55 pm to Hotgin
The classic "hard assets" are real estate and precious metals. Fine art and wine can appreciate nicely, but I have never thought of them as investments. And you need to know what you are doing. Crappy art and wine aren't worth anything.
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