gold and jewellry

[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.

[shadow]

^ok lang mall or fastfood eh. pero pag sa pedestrian lane eh ibang usapan.

[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

[akosijhay]

Hello mga sirs

Up ko lang yung thread na to. Worth it pa kaya mag invest sa gold and jewelry ngayong pandemic?

Thing is, may close family friend kami na nag sangla ng gold ring sa ahensya at wala nang plano tubusin yung item. (Walang trabaho at kailangan ng instant cash kaya nag sangla ng item).

Ngayon, ibinigay samin yung papel de ahensya at sinabe saamin na kung interesado kami, pwede kami nalang ang tumubos.

Naisip ko bigla, worth it kaya kung ako ang tutubos ng item at ibebenta ko once na may buyer? Hindi naman ba nag de-depreciate ang value ng gold kahit may pandemic?

TIA!

[ice15]

Hello mga sirs

Up ko lang yung thread na to. Worth it pa kaya mag invest sa gold and jewelry ngayong pandemic?

Thing is, may close family friend kami na nag sangla ng gold ring sa ahensya at wala nang plano tubusin yung item. (Walang trabaho at kailangan ng instant cash kaya nag sangla ng item).

Ngayon, ibinigay samin yung papel de ahensya at sinabe saamin na kung interesado kami, pwede kami nalang ang tumubos.

Naisip ko bigla, worth it kaya kung ako ang tutubos ng item at ibebenta ko once na may buyer? Hindi naman ba nag de-depreciate ang value ng gold kahit may pandemic?

TIA!

IMO, it's a "buyer's market" may kilala ka bang bibili?

You can value something at XXX pesos... Pero kung wala naman interested bumili, technically wala din value yung jewelry.

Its the same personal concept I have with a car's resale value... You can calculate the car's value based on percentage/year... pero kung wala naman bibili, technically ang value nya is Zero.

[akosijhay]

IMO, it's a "buyer's market" may kilala ka bang bibili?

You can value something at XXX pesos... Pero kung wala naman interested bumili, technically wala din value yung jewelry.

Its the same personal concept I have with a car's resale value... You can calculate the car's value based on percentage/year... pero kung wala naman bibili, technically ang value nya is Zero.

Thanks sir Ice15. Actually wala pang buyer sa ngayon pero may kakilala kami na nagbe-benta ng jewelry kaya naisip ko na ako ang kumuha ng item sa pawnshop at ipapabenta ko sa kakilala namin. Nanghinayang din ako sa tubo kung maibebenta hehe.

[_Cathy_]

Are there any tsikoteers here based in the middle east? How much per gram of 18k gold now? Also, is it cheapest in Dubai?

[gongrhey]

Are there any tsikoteers here based in the middle east? How much per gram of 18k gold now? Also, is it cheapest in Dubai?

A quick check online of the current price here, its àbout 2,350 per gram for 18k. Not sure sa gold souk (like a flea market), it usually is slightly cheaper.

[12vdc]

Pre-pandemic nasa 1800 per gram then last October nsa 2100-2300 per gram depende sa design. Kung may kilala kayo fabricator sa Bulacan mas makakamura, yung uso na design syempre mas in demand. Malaki ang kita kung madami kakilala na mahilig sa alahas.

[_Cathy_]

A quick check online of the current price here, its àbout 2,350 per gram for 18k. Not sure sa gold souk (like a flea market), it usually is slightly cheaper.

I wonder how much it cost before gold prices went up, still a good price, nasa 3k na ata ngayon PH

Pre-pandemic nasa 1800 per gram then last October nsa 2100-2300 per gram depende sa design. Kung may kilala kayo fabricator sa Bulacan mas makakamura, yung uso na design syempre mas in demand. Malaki ang kita kung madami kakilala na mahilig sa alahas.

Wasn't it around P2100 na pre pandemic sa Ongpin?

That's true re kakilala, wala na lahat ng alahera na kilala ng Mommy ko I lost my necklace with 2 pendants in January 2020 (curse 2020), matagal din ako na depress kasi ilang generation na pinasa tapos sakin nawala, the other pendant was from my binyag Anyway my Mom said papalitan na lang niya but what I lost was priceless

Madami din ako kailangan ipa repair and reset pero may mga mandaraya lugar binabawasan!!!

[12vdc]

^1.8k it is, nakabili pa ako that time. IDK now possible umabot nga 3k. Madali palitan ang jewelries, na lalaos ang design. May walk-in repair sa Ongpin but haven't tried. Siguro mawawala depression mo kung makakahanap ka ng murang supplier then maibebenta mo x2 in your network. hehe Follow mo si Heart E. for the uso designs.

[_Cathy_]

^1.8k it is, nakabili pa ako that time. IDK now possible umabot nga 3k. Madali palitan ang jewelries, na lalaos ang design. May walk-in repair sa Ongpin but haven't tried. Siguro mawawala depression mo kung makakahanap ka ng murang supplier then maibebenta mo x2 in your network. hehe Follow mo si Heart E. for the uso designs.

Where did you buy? I don't follow Heart E, sobrang consumerism, brands brands and brands I don't go for trendy jewelry din and I have no intention of selling hehe. My Tita is going to Dubai kaya papabili sana ako

[12vdc]

The building at Ongpin cor. Sta Cruz and between Ronquillo you just have to walk around and get the best deal. Try mo lang Cath baka pumatok magandang online biz if you have the mahilig network. May Dubai din, then madami Singapore yung mga complicated designs na makina lang ang capable gumawa.