Appreciable Items

brandondrury · #1 (**permalink**) 01-05-2006, 11:54 AM

Hello,

I'm writing a paper on investing your money in appreciable items instead of in banks. I'm not having much luck coming up with items that appreciate. I recently purchased an amazing vintage guitar amplifer that has risen $100 in value since I bought it 6 monthes ago that I use almost every day.

I'm looking for more items of this nature.

Does anyone have any ideas?

Brandon

midnight · #2 (**permalink**) 01-06-2006, 07:14 AM

high grade coins, collectibles, antiques

Fern · #3 (**permalink**) 01-06-2006, 07:57 AM

I would consider banks to be a way to generate appreciable income since they pay interest. But i think what you mean is putting your money into illiquid assets rather than liquid assets. Illiquid means you have to convert it (sell it) to get your money out of it, while liquid assets are still money, you just have to withdraw it fromt the bank or cash in the mutual funds or whatever.

The biggest appreciable item would be real estate. Others would be precious metals such as gold, but like any other appreciable item, they can drop in value as well.

brandondrury · #4 (**permalink**) 01-06-2006, 08:43 AM

Yeah, I understand about the usual forms of investing such as real estate, cds, stocks, etc.

I'm looking for things that people have bought, used, and sold for profit. The main focus being on "used". I like the idea of using my guitar amp each and every day and knowing that I'm getting paid to play it.

There have to be other items like this.

Brandon

robex · #5 (**permalink**) 01-06-2006, 08:58 AM

I bought a used car seat for $50.00 and sold it 2 years later for $50.00...obviously I didn't make a profit, but I did get two years of free use out of it. Unlike the first car seat that we paid $120.00 for...money out the window!

sweeps · #6 (**permalink**) 01-06-2006, 09:27 AM

How about the top 10 treasures from the Antiques Road Show?

brandondrury · #7 (**permalink**) 01-06-2006, 11:01 AM

Quote:

I bought a used car seat for $50.00 and sold it 2 years later for $50.00...

Yeah, that's perfect. Maybe instead of it being a list of things that profit, maybe it can be things that are free. Why pay $120 for a baby seat when you can get it for free? I like the sound of that.

Great post!

Quote:

How about the top 10 treasures from the Antiques Road Show?

Thanks for the post on the top 10 treasures, but I'm not sure that a $300,000 blanket is what I'm really going for. Can you believe that???

Fern · #8 (**permalink**) 01-06-2006, 11:13 AM

Brandondrury, do you know about freecycle.org?

People give away free stuff all the time there.

cercis · #9 (**permalink**) 01-06-2006, 09:19 PM

Watch out on buying and selling used car seats. This is a major litigation issue. If the seat has ever been in an accident, it has to be replaced because if it isn't, it could fail in an accident. Also, over time, the sun will degrade the plastic, so that it could fail to restrain the child in an accident.

If you sell your carseat and then the person who buys it is in an accident and their baby/child dies - you could be sued. And they could win if it is proven the carseat should have been retired prior to selling it to them.

BTW - same goes for helmets.

Russell · #10 (**permalink**) 01-27-2006, 04:38 PM

How about homes ? You buy them, you live in them and then you usually sell them for more than what you invested in them - a lot more if you're in CA...

cercis · #11 (**permalink**) 01-27-2006, 06:14 PM

This might be too late ...

2 years ago dh bought some china on sale at Sam's for $75. It's now worth at least $300. I wish we had bought the 2nd set when it went to $50, but we just didn't have the money then (he lost his job right after we bought the first set).