First, my wife's money is completely separate from mine. She is also dead set against investing traditionally because she HAS to have tangible assets. Literally thing she can hold.

Aside from my own personal investment in firearms, my wife has asked if I would invest 10k for her. She has noticed that most of my purchases have either held value or netted a considerable gain when compared to her current 0% gain. So she's on board for investing a small portion to see how it goes.

I told her it all depends on political climate, models, legislation, but for the most part, smart purchases will never decrease in value.

I've also thought about buying 10k worth of ammo and making a percentage when people are stupid but I feel as though I'm adding to the panic and almost gouging that way. I wouldn't gouge but I would make a profit.

Current times are not favorable, that's a given, but in the coming years when we hit another LOW, have any of you considered investing a bit seeing how crazy things are now? Do you consider that gouging across the board?

Should j simply try to convince her to invest in gold/silver when the price is right?

She's got considerable money just wasting in savings so I'm trying to think of SOME way to make her some return that she is comfortable with.

Sounds like a very bad idea on her part. Yours sounds dumb James. Sorry, makes no sense. There are so many ways to do it right. This ain't it.

This message has been edited. Last edited by: old rugged cross,

For an investment in firearms, M-11/Nine & Lage uppers.

Not likely to go down in value, unless it goes to $0 with Government confiscation.
Definitely fun with the right amount of ammo.

I would call it speculating, not investing.

nfa is where I'd be for investing. But firearms aren't really investing due to the vast number of factors that affect pricing.

For those investing in NFA machine guns, yes they have increased in value, but what if the pending brace regulation leads to a challenge to NFA and part or all is overturned? What if the "no new machine guns after 1986" law is overturned?

What if things go the other way in a single-party democrat packed court future and you have to give them up?

If she has to invest in something tangible, try real estate.

All I can say is that I hope you have some real investments socked away for the traditional stuff like retiring, children college, etc. If this is play money, money that if it was lost would make no meaningful difference in your/your wife's financial situation, then go nuts.

Some real estate investments may make sense to someone fixated on 'tangibility' - often/usually if a property is well selected, managed and financed it can throw off cash flow and tax advantages. But you (and she) would be way better off if you broadened her investment portfolio ideas.

I'd rather just do Gold / Silver.

I would opt for property/real estate. I wish I had bought more years ago when it was cheap.Of course at the time I didn't make very much and in this market, you will probably be buying on the high side. Guns are always iffy, as far as investments go due to a few things and cars can be an ongoing issue and even more expensive.

I know you mentioned she was not interested in buying stocks but what about bonds. Granted they take a while to mature but they are tangible and can be cashed out at any time.

Unless you get lucky now is NOT the time to buy real estate.

I totally get that most markets right now are crazy.

I've tried to convince her to max out CDs at the banks she uses if nothing else.

This is not her retirement strategy, and no 10k lost won't make a difference.

More than anything I think it's gonna build trust that she can invest her money a bit.

If it was my money, I’d look into gold and silver. Firearms values are fickle. Legislation or trends can vastly affect those values.

quote:

Originally posted by OttoSig:
This is not her retirement strategy, and no 10k lost won't make a difference.

This might sound insane but if I were looking to invest $10k, I would likely go with 1 excellent condition or 2 good condition <1969 Brazilian rosewood Martin D-28 acoustic guitars...

Eight M1 Garands from CMP?

Regarding firearms - I buy my guns because I want them. And if they are on sale I might buy two. If they go up in value, great. But they are not an investment vehicle for me. In fact, I have only sold one firearm to a friend when he could not find it during the panic, and I sold it to him at cost.

I hear Bitcoin is down recently. (Kidding!)

I've had guns go up in value not because I thought they would but because I enjoyed shooting them and the market for them went nuts. Guns like the HK P7M13 or the Sig Sauer X-Five. I think the original Colt Python market still holds value though the Dan Wesson revolvers I bought doubled in value over the last 5 or so years.

If I had known the $1200-1500 I paid for my P7 and X-Fives would have doubled or tripled since I bought them I would have bought more. Will they continue to climb in value? Time will tell but in the meantime I enjoy shooting them!

For what it's worth if I had 10k to invest in firearms right now I wouldn't know what to buy. Sure plenty of used guns will hold their value but prices seem high due to the rioting/defund the police BS and it's likely the next time a Republican president takes office everything gun related will settle down making now an inopportune time to invest.

quote:

Originally posted by OttoSig:
I totally get that most markets right now are crazy.

I've tried to convince her to max out CDs at the banks she uses if nothing else.

This is not her retirement strategy, and no 10k lost won't make a difference.

More than anything I think it's gonna build trust that she can invest her money a bit.

I'm not going to suggest anything, and you already know what I said when we discussed about firearms for investment. But, imo, unless you and your wife are millionaire, a 10k loss (or gain) is always significant, even if you say it's not.

Online search for the "best fidelity index funds". That's a good start. They seem to produce very well in a good economy, but also provide a return when other funds are lower or losing.

If wanting something in the house, I’d lean ‘precious metals’ too. Many of us have firearms that hold their value, now may not be the best time to buy.

Even precious metals have had some sketchy periods.

Most all of my firearms have increased in value but most of those were bought 60 years ago, so prepare to be patient.