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

SpacePete

SpacePete

Well-Known Member
Silver Stacker
Besides precious metals and cash, what are some alternative ideas for liquid assets (pros and cons)?
 
spannermonkey said:
Drugs & hookers
And I've recently moved onto pushbikes :P
Cash is king :o
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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?
 
SilverPete said:
Besides precious metals and cash, what are some alternative ideas for liquid assets (pros and cons)?
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Zircons

Woops...why !!

When polished they have similar brilliance to diamonds :D
 
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:
 
hilaire9 said:
An asset without a cash price? I am confused.
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A liquid asset is, by definition, either cash or something easily converted to cash with minimal loss.
 
kramer said:
Asx small caps.
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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.
 
SilverPete said:
SilverDJ said:
LEGO
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Interesting. Would eBay be the place to resell?
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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.


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