What's your favourite alternative non-PM, non-cash liquid asset?

Discussion in 'Other Investments' started by SpacePete, Apr 15, 2016.

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  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Besides precious metals and cash, what are some alternative ideas for liquid assets (pros and cons)?
     
    SpacePete, Apr 15, 2016
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  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Drugs & hookers
    And I've recently moved onto pushbikes :p
    Cash is king :eek:
     
    spannermonkey, Apr 15, 2016
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  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I'll leave the drugs and hookers to the politicians and priests. Besides cash though, what are some alternative ideas for a reasonably liquid store of value?
     
    SpacePete, Apr 15, 2016
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  4. Holdfast

    Holdfast Well-Known Member

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    Zircons

    Woops...why !!

    When polished they have similar brilliance to diamonds :D
     
    Holdfast, Apr 15, 2016
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  5. l***g

    l***g Active Member Silver Stacker

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    I collect hangovers
     
    l***g, Apr 15, 2016
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  6. Golden ChipMunk

    Golden ChipMunk Active Member

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    Interesting, what are they?
     
    Golden ChipMunk, Apr 15, 2016
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  7. SilverDJ

    SilverDJ Well-Known Member

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    LEGO
     
    SilverDJ, Apr 15, 2016
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  8. alor

    alor Well-Known Member Silver Stacker

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    packed blood, but they have shelf live :) its liquid and others people's life can depend on them they do pay high premium for them to stay alive :lol:
     
    alor, Apr 15, 2016
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  9. kramer

    kramer Member

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    Asx small caps. Oh and hookers and blow also meet my criteria lol
     
    kramer, Apr 15, 2016
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  10. ego2spare

    ego2spare Active Member

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    Spam and hard liquor. No so liquid NOW... but soon.
     
    ego2spare, Apr 15, 2016
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  11. hilaire9

    hilaire9 Member

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    An asset without a cash price? I am confused.
     
    hilaire9, Apr 15, 2016
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  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    A liquid asset is, by definition, either cash or something easily converted to cash with minimal loss.
     
    SpacePete, Apr 15, 2016
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  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    These may be a good investment (depending on timing) but the downside is potential loss and transaction fees if you need to convert them to cash at very short notice.
     
    SpacePete, Apr 15, 2016
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  14. willrocks

    willrocks Well-Known Member Silver Stacker

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    Health
     
    willrocks, Apr 15, 2016
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  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Interesting. Would eBay be the place to resell?
     
    SpacePete, Apr 15, 2016
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  16. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Health and skills!
     
    SpacePete, Apr 15, 2016
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  17. bloomst

    bloomst Well-Known Member Silver Stacker

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    Rolex.

    They are up there with Lego in term of return on investments.
     
    bloomst, Apr 15, 2016
    #17
  18. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Are they easy to resell?
     
    SpacePete, Apr 15, 2016
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  19. ozcopper

    ozcopper Administrator Staff Member

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    I had an Omega watch (broken) in the trading section, no bites. Sold on ebay nearly straight away.
     
    ozcopper, Apr 15, 2016
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  20. SilverDJ

    SilverDJ Well-Known Member

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    Yes, ebay or gumtree.
    There have been threads on here before about the collectability and gains of LEGO.
    LEGO have had to limit sales of sets to people because collectors/flippers snap up dozens or hundreds of new sets when they come on the market.
    Many of the newer big exclusive sets are limited to one per customer for this reason.


    [​IMG]

    That same set goes for up to $199 on ebay:
    http://www.ebay.com.au/itm/LEGO-Cre...373990?hash=item2355cd4fa6:g:ZfUAAOSwMmBVuv6K
     
    SilverDJ, Apr 15, 2016
    #20
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