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Beauty and Fashion
Reply to "If you are above 50, is it wise to buy fine jewelry?"
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[quote=Anonymous]Indian-American here. I have a good amount of gold jewelry and silver artifacts that my parents and ILs have given me over 35 yrs of my marriage. Out of fear of being targeted by criminals, I now mostly wear fake jewelry at weddings and parties and my gold is locked up in safe deposit boxes. In my culture, gold and silver jewelry was primarily given to the new bride from her parents, ILs, relatives, friends etc. It is really not an investment - more like acquiring an asset for insurance purposes. Gold jewelry of the woman-folk was not the first thing that got sold in a family crisis. It was the absolute last thing. [/quote]
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