Wednesday, October 22, 2014

11 Odd Alternatives To Gold Used To Store Wealth (Article)

Here at #AMPtv, we believe in the term Guns and Butter. Today we're here to talk about the guns in finances. Things that appreciate in value over time instead of decreasing after it's purchase. Here is a list of 11 odd things people use to store their wealth without the money losing value.






1. Stamps - At a 2010 auction, bond guru Bill Gross said rare stamps were "better than the stock market." Gross has reportedly spent up to $100 million investing in stamps.

2. Guns and Ammo - The ability of guns and ammunition to store value makes them an appealing investment option. According to ammo.net, the price of Remington .223 rounds rose 224% from 1999 to 2011 — well above the rate of inflation. Gun sales spiked after President Barack Obama's two election victories, in anticipation of more stringent gun-control laws.

3. Chinese Ceramics - China is a leading producer of ceramic art. The Knight Frank Luxury Investment Index forecasts a 45% increase in their value over the next five years.

4.  Wine - 
The UK-based Wine Investment Fund shows that the liquor has outperformed gold, oil, and the FTSE and Hang Seng indexes. The fund invests only in wines from Bordeaux Chateaux, because they produce a limited quantity. And as it turns out, The Vatican is the world's largest wine consumer. The US is in 56th place.

5. Memorabilia - 
Hersh Borenstein, owner of Frozen Pond Inc., a hockey memorabilia distributor, said“I know people who bought Gretzky [game worn] jerseys for about $50,000 and then resold them for $200,000; Bobby Orr jerseys that sold in 1996 for about $30,000 and sold again four or five years ago for $170,000,” he says. “It’s like artwork, there’s a lot of money to be made, a lot of upward potential, but you’ve got to come up with the right items.”
6. Vintage Cars - The value of classic cars has risen 456% over the past 10 years, the 2014 Knight Frank Luxury Investment Index shows. Cars like this 1958 Ferrari 250 GT, auctioned for $8.8 million in January, have beaten all other luxury investments the index measured in the past year, rising in value by 28%.
7. Wristwatches - Growing demand, limited supply, and a low maintenance cost are all reasons to invest in a luxury watch, according to Paul Fraser CollectiblesMost watches are not investment-grade material. However, scarce Rolex and Patek Philippe models maintain or increase their value over time. 
8. Diamonds - While buying diamonds is a lot more complicated than buying gold, the right cut can offer a significant return on investment. 
9. Rare Coins - Coins have jumped 220%, the Knight Frank index shows. The scarcity of rare coins ensures retention of their value.

10. Autographs - 
As with memorabilia, autographs are alluring for their rarity and association with famous people. 

11.  Art - 
"76% of art collectors are buying art for collecting purposes, but with an investment view (up from 53% in 2012). This implies that the investment aspect of art is something that collectors are increasingly concerned about."

Read more: http://www.businessinsider.com/non-gold-safe-haven-assets-2014-10?op=1#ixzz3GtMn5Jy9

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