What can you buy as an investment?

Question

What can you buy as an investment that will almost certainly grow in value and you can enjoy owning. It must be safe and easy to keep as well as easy to dispose of as a whole or in parts? Not shares or property though!

Answer 1

There is no certainty in life, but you can buy diamonds, gold, silver, precious jewles, art, books, memrobilia, baseball cards, Dvd's, Cd's, Toys, Lunch Boxes, etc. Almost anything can be collected and if you keep it for a number of years, and if others are not keeping it, than the supply gets low, and if someone wants one of the old things but can't find it anywhere, the law of supply and demand goes into effect!

Why don't you want to invest in stocks?

Answer 2

a barrel of oil

A Turkey chick (no not a chick from Turkey)

Answer 3

Sorry, but if anybody knows the answer to that one, we are all going to be millionaires.

Answer 4

Old red telephone boxes, or children's books from the 40s through 60s. Must be 1st editions, in minimum very good condition preferably fine condition with original dust jacket if appropriate. There are book fairs, where dealers gather (always negotiate with them they know they overprice their good books). Reason for collecting - they were intended for children who didn't always treat them well. They got kicked about, lent to others, gathered dust on shelves and eventually got thrown away. Some got through this period in very good condition. Worth a thought and a bit of fun trying to track down a book you particularly want at the right price. You'll soon find out which authors are the most in demand.

Answer 5

Alright.  Let me give a stab at this.  I work at a CPA firm so I am guessing that you have already reported the money and want to know where to put it without paying taxes really.  I am assuming that it is a good amount of money.

1) You buy a second home and make it either a rental or vacation home.  You deduct a ton of expenses on your rental each year.  The IRS doesn't really look hard at a Schedule E rental properties on your taxes.  Lets say that you have $23,000 of losses.  Your AGI gets reduced by this amount so you save on taxes.  The problem is that if it is a rental, you can deduct $25,000 max of losses each year.  Any excess losses can be carried forward but it is passive income meaning it will more than likely offset future rental gains.

  OR---  If it is not a rental but a vacation home, you can rent it out for 10 days tax free.  You have to stay there for 14 days each year (Or say you do).  Now you can make full deductions and aren't limited to the $25,000 loss limit.  (You don't get other business deductions though)

-----when year 4 of ownership comes around, you move in (Or say you did) and live there for 2 years while you rent out your other home (Or use it as a vacation spot).  After 5 years of ownership is done, you can sell that property as your principal residence and that means that any gain up to $500,000 (If married) will be completely tax free!  Then you move back into your previous home!  YAY!!

Or, just buy stock.  You only pay tax money when you sell your stocks.  Just hold for a long time and when you sell, you pay 15% in taxes.  Or maybe Series I bonds.  The interest paid is inflation + 1.xx%, is deferred until you cash it, or is tax free if you use it to pay for your kid's college.