Discussion in 'Other Investments' started by SpacePete, Apr 15, 2016.
Besides precious metals and cash, what are some alternative ideas for liquid assets (pros and cons)?
Drugs & hookers
And I've recently moved onto pushbikes
Cash is king
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?
When polished they have similar brilliance to diamonds
I collect hangovers
Interesting, what are they?
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:
Asx small caps. Oh and hookers and blow also meet my criteria lol
Spam and hard liquor. No so liquid NOW... but soon.
An asset without a cash price? I am confused.
A liquid asset is, by definition, either cash or something easily converted to cash with minimal loss.
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.
Interesting. Would eBay be the place to resell?
Health and skills!
They are up there with Lego in term of return on investments.
Are they easy to resell?
I had an Omega watch (broken) in the trading section, no bites. Sold on ebay nearly straight away.
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.
That same set goes for up to $199 on ebay:
Separate names with a comma.