Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

Anonymous wrote:

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

I cherish the huge stock market gains that are going to help cover some of my kids' college tuition. Everyone has different priorities.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

I think this is how the hoarder mind works. Not saying you are one, but people who can't separate people and memories from things have a hard time letting objects go.

I'd do what the PP said - convert to cash and invest.

I'd do the same with the ring that is likely sitting on your left hand. Nothing but minerals losing value by the day.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

I think this is how the hoarder mind works. Not saying you are one, but people who can't separate people and memories from things have a hard time letting objects go.

I'd do what the PP said - convert to cash and invest.

That’s a stretch. Keeping a coin that holds sentimental value isn’t a hoarder.

I should sell my great grandmothers ring, if that’s me being a hoarder. I could make more returns in the market.

Anonymous wrote:

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

I think this is how the hoarder mind works. Not saying you are one, but people who can't separate people and memories from things have a hard time letting objects go.

I'd do what the PP said - convert to cash and invest.

I’ve bought gold bars from Costco. I keep them in a safe. Safe deposit boxes at banks aren’t safe or insured.

Anonymous wrote:

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

How is this sad? She’s made a ton of money off the gold and you’re sitting there with barely inflated coins.

We have a bunch of gold coins that belonged to my late FIL because for the last 20 years before he died he was convinced that the dollar was going to fail, the Fed is evil, blah blah blah.

Dummy had a PHD in Econ from Wharton, too.

For now they’re in a safe in our home.

Bank safe deposit box.

Bank deposit box and safe. No real reason to buy physical except that some of the coins are really cool, unless you're a doomer/prepper. It's easier to buy an ETF that holds actual gold, like PHYS.

Anonymous wrote:I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

That sad. I still have the golden eagles my grandmother bought me in 1986. She’s long passed and I cherish those coins greatly.

I got gold coins once from a parent as gifts for grandchildren. I invested them by selling immediately, and putting the money into an index fund in their 529 plans. Gold has gone up like 5% total since then (over 10 years ago), so yeah that was the right move.

Invest in alchemy and change your gold into non-gold and then back at will. That'll work.

No. Even the dollar they keep printing is better. Try Voo.

anyone here buy bullions and coins? Where do you keep them? bank deposit boxes, safes? buried in backyard somewhere?