gold and jewellry

[userfriendly]

Do you consider gold and jewelrry as an investment?

My wife and I were discussing this. She thinks that jewellry is an investment. For me its a luxury item. She said it does not lose value and it will appreciate in value. She said that a diamond bought by her mom a long time ago is now worth a whole lot more.

I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

What are your opinons?

[shadow]

half/half for me...siguro mga diamonds but not golds

[claRkEnt]

value of gold fluctuates as well.

[cutedoc]

probably diamonds, though gold still are a good investments, right now for luxurious investments rolex, cartier and other high end watches may be a good investment as well...

[yebo]

if you are not really well versed in the jewelry business then NO. most of the time the buying price of jewelry is higher than its selling price. binabarat pag ibenta mo na kasi "used" na siya, at ibebenta mo lang pag "in need" ka. even if both are not true that is the impression of the buyer and they will always lower their price than the fair price for it.

so answer is half/half nga. pag jeweller ka yes, pag hindi naman talaga yan ang business mo and you are just looking to park your money, then the answer is no.

[yebo]

double post

[boybi]

If you've got extra money, and you won't need that money to earn, then yes, invest in golds and diamonds. Magandang ipamana sa mga anak yan.

[dx8976]

i was also curious about this before and did some rudimentary research;
i found that

from the mid 70s up to present, the dow went from 1000 to 7000 (7x),
gold went from 200 to 800 (4x), cash compounded at a conservative rate of 5% 100 becomes 525 (5x), corn flakes .45 to 2.99 (6x) and big mac from .60 to 3.57 (6x).

you make the call if its a worhtwhile investment after those numbers.

and gold/stones in jewelry are not that easy to dispose of at the price you want unless they are really special.

on the plus side, in case of war/disaster they are more easily brought from point a to point b, it might look good on you, and your wife will be happy if you give them to her =)

[tidus1203]

i was also curious about this before and did some rudimentary research;
i found that

from the mid 70s up to present, the dow went from 1000 to 7000 (7x),
gold went from 200 to 800 (4x), cash compounded at a conservative rate of 5% 100 becomes 525 (5x), corn flakes .45 to 2.99 (6x) and big mac from .60 to 3.57 (6x).

you make the call if its a worhtwhile investment after those numbers.

and gold/stones in jewelry are not that easy to dispose of at the price you want unless they are really special.

on the plus side, in case of war/disaster they are more easily brought from point a to point b, it might look good on you, and your wife will be happy if you give them to her =)

Right! So timing is everything. If we adjust the date and say since the start of this millennium (year 2000) then Gold vastly outperformed stocks or pretty much any other asset class...

[ericp]

Do you consider gold and jewelrry as an investment?

......
I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

What are your opinons?

Gold is nice but if you consider the fact that it takes one ton of earth to yield ~ 1-5 grams of gold, I'll be happy to wear something else

[frenchtower]

Do you consider gold and jewelrry as an investment?

My wife and I were discussing this. She thinks that jewellry is an investment. For me its a luxury item. She said it does not lose value and it will appreciate in value. She said that a diamond bought by her mom a long time ago is now worth a whole lot more.

I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

What are your opinons?

I have gold boullion coins. I invest in them and so with other precious metals. Value of these coins are pretty much standardized by the ounce or fractions thereof.

I don't believe in gold jewelry as an investment. Selling gold jewelry depends on the amount the buyer is willing to impart. Whereas, gold boullion, if legit, is easier to trade since these are mint certified.

We have a family friend who thinks that jewelry is an investment. They bought jewelries costing them hundreds of thousand of Pesos. When they encountered a financial crisis, they ended up selling their jewelries at less than the amount they bougth it.

Gold and silver boullion, on the other hand, have a system in place to trade these precious metals. Do refer to this site for coin grading www.pcgs.com

Just my 2 gold cents

[userfriendly]

I have gold boullion coins. I invest in them and so with other precious metals. Value of these coins are pretty much standardized by the ounce or fractions thereof.

I don't believe in gold jewelry as an investment. Selling gold jewelry depends on the amount the buyer is willing to impart. Whereas, gold boullion, if legit, is easier to trade since these are mint certified.

We have a family friend who thinks that jewelry is an investment. They bought jewelries costing them hundreds of thousand of Pesos. When they encountered a financial crisis, they ended up selling their jewelries at less than the amount they bougth it.

Gold and silver boullion, on the other hand, have a system in place to trade these precious metals. Do refer to this site for coin grading www.pcgs.com

Just my 2 gold cents

This is exactly what I told my wife. But she still thinks jewelry is an investment. I answered, to buy it, you have to spend a lot of money. You then spend more on keeping it inside a safe deposit box. When there is a occasion to wear it like a wedding, you are afraid to use it cause it may get lost or stolen. In the end, you spent a lot of money for something that you may never use.

She countered she can give it to our children when they get married. And if she has to buy it when they are all grown up, it will cost a whole lot more.

I still think jewelry is a luxury item. Gold and silver coins or bars are an investment just like Frenchtower said.

If anyone can point me to a dealer of gold coins or bars in the Philippines, pls pm me. So far I cant find any with resonable prices. I dont want to buy nline as it may get lost in transit.

[goldandsilver]

This is exactly what I told my wife. But she still thinks jewelry is an investment. I answered, to buy it, you have to spend a lot of money. You then spend more on keeping it inside a safe deposit box. When there is a occasion to wear it like a wedding, you are afraid to use it cause it may get lost or stolen. In the end, you spent a lot of money for something that you may never use.

She countered she can give it to our children when they get married. And if she has to buy it when they are all grown up, it will cost a whole lot more.

I still think jewelry is a luxury item. Gold and silver coins or bars are an investment just like Frenchtower said.

If anyone can point me to a dealer of gold coins or bars in the Philippines, pls pm me. So far I cant find any with resonable prices. I dont want to buy nline as it may get lost in transit.

hi there saw your post regarding bout you investing in gold...

we sell gold bars and coins. our gold came from the US marked of course by the refineries there. but we sell by the stock market's price. that's how we base our price. if you're interested bout the investment we can set up a meeting to brief you about investing in gold bullion.

here's my contact number 09174029298/09228462615

[shadow]

^u also selling iphone?

[uls]

^^

naka-mohawk ba?

[robot.sonic]

hahaha. loko ka shadow. narelate mo talaga ha.

[marg]

Do you consider gold and jewelrry as an investment?

My wife and I were discussing this. She thinks that jewellry is an investment. For me its a luxury item. She said it does not lose value and it will appreciate in value. She said that a diamond bought by her mom a long time ago is now worth a whole lot more.

I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

WORD OF THE WISE: If it makes your wife HAPPY, then its an INVESTMENT.

Utimately, Life is but the pursuit of Happiness.

[galant E SS]

Do you consider gold and jewelrry as an investment?

My wife and I were discussing this. She thinks that jewellry is an investment. For me its a luxury item. She said it does not lose value and it will appreciate in value. She said that a diamond bought by her mom a long time ago is now worth a whole lot more.

I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

What are your opinons?

My wife and I has a long standing conflict of opinions about this. She is working in one of the biggest pawnshop companies here in the Phils. and she invested a lot on golds/jewelry. Although she has a good point because golds appreciate in value fast, specially, the white golds, for instance, she bought a white gold necklace in 2007 with a pawned/appraised value of P10-12K, but now its pawn/appraised value is already P23,000-25,000; However, whenever we are on a tight budget, she is pawning our golds/jewelry and keep on paying the interests untill we have the means to redeem them.

On my part, I prefer to save money in banks, and whenever we are on a tight budget, I will just withdraw some of my money; and just deposit whenever we have extra savings.

I told her that golds/jewelry is a good investment and good business for us if we will buy the same at a cheap price and sell them at a higher price. As for instace, she will buy a necklace with a pawn/appraise value of P15,000 at only P10,000 and sell it for P15,000-P20,000. Or even just pawn/pledge it at P15,000 and never redeem it. Luckily, my wife is now listening to me and she already sold some of her jewelry.

Kaya sideline nya is selling used jewelry pati used laptops, digicams, at sabi ko isabay nya na ang used watches. For example she was able to buy an original Guess watch worth 7,000 more or less, for only P1,000-P1,500, then, she can sell it for P3,000-P4,000.

[ab_initio]

Do you consider gold and jewelrry as an investment?

My wife and I were discussing this. She thinks that jewellry is an investment. For me its a luxury item. She said it does not lose value and it will appreciate in value. She said that a diamond bought by her mom a long time ago is now worth a whole lot more.

I consider gold and silver bullion as an investment. Gold and silver has been considered as money since the old testament. It has never lost its appeal.

What are your opinons?

just think you're buying Christmas decors...for adornment. Although, i buy every part of a jewelry raw, present a good design to an alahera...wear it and when one asks where i bought my set, i would offer it for sale thrice the purchase price. Marami ng nagkamali na patulan...in that sense investment. hehehe.

[StockEngine]

May members po ba dito from abu dhabi or dubai? Mas mura ba gold dyan? Any idea how much ang 18k Saudi gold per gram?

Gold is cheaper in Dubai than anywhere else: Here's why | News-photos – Gulf News