Quote:
Originally Posted by t walgamuth
I have some gold teeth!
If I were liquid enough to play around I would think about an old Ferrari. They are doing pretty well at the moment.
At the moment I would have to say my old Ferrari was a better investment than all my real estate. But if real estate comes back I will be fine. Real estate is not liquid enough, but Ferraris aren't either, but you just need one buyer in either case.
And you cannot live in a car...at least not really comfortably. 
And the BIL with the good gold investment might want to sell the gold and invest that in his kid's education. ($70K a year? where they going?) |
Actually, he's my Brother.
Here's the list.
Rockhurst College, KC MO.
Saint Louis University, St. Louis, MO.
Spring Hill College, Mobile, AL.
All private Catholic Jesuit colleges. The list may grow to Carroll College in Cleveland, OH.
The gold fund instrument, (an Oppenheimer Fund) is all in one of his IRAs. The financial advisor has directed an IRA worth $40K into $400K-$500K. - According to my Brother. If I were him, I'd transfer much of it into other financial instruments - I did tell him that, in addition to telling him that his advisor guy wouldn't appreciate being "advised," if you will.
I'm agnostic on anyone else's investments - we're all on our own.