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poisonedantidote's avatar

What collectable items and investments would make a good alternative to a retirement pension?

Asked by poisonedantidote (21539 points ) December 9th, 2012

I was just wondering, if someone wanted an alternative form of retirement pension, or a way to boost their pension, with rare valuable and collectible items, what items would make the best investment? and what are all the options?

It could be gold, rare coins, stamps, or anything else along those lines.

Thanks.

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8 Answers

ragingloli's avatar

Little toy coffins made from precious metals.

chyna's avatar

Gold bars.

Shippy's avatar

Kruggerands.

WestRiverrat's avatar

Firearms.

Tropical_Willie's avatar

Go back in the “Way Back” machine and buy a couple thousand shares of Apple in May 2003.

gailcalled's avatar

I would be very careful putting too much stock in collectibles. Often, when you come to sell, you find that the buyers are not there.

We just sold some of my mother’s jewelry at a high-end auction. They brought pretty good prices but the auction house did, as one would expect, take its cut.

Do your research carefully first.

flutherother's avatar

Property might be an idea, or companies that invest in property

burntbonez's avatar

Invest in collectibles only if you are very knowledgeable about the item. They have no intrinsic value of their own. So you have to know what people will value, and the only way you can make a good guess about that is if you know them very well and you know human desire very well. In other words, it would need to be your life.

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