Topic: other Profitable investment - page 2. (Read 3381 times)
Seeds.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Something you could stock up on is drugs, and I mean of the legal variety. They are usually small items, so they don't take up a whole lot of space, and some are quite costly and hard to come by if the economy collapses.
no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value.
US coins are illegal to melt.
No our politicians are not bought and paid for.
I never said it was legal, but thank you for making that clear.
It will be legal to melt pennies if the government ever retires the penny, although in such a situation, they may confiscate them. Likely, they will just suck them out of circulation via banks and not worry about individuals, but you would obviously have issues cashing in the raw copper if they were supposed to be turned in. Same with nickles, although they don't need sorted like pennies.
Having a bulk supply of food in your shed is a good investment.
The problem with this strategy is that most food depreciates due to spoilage. Of course, if you have a lot of honey and maple syrup in your portfolio, you can offset that to a certain extent. 
Having a bulk supply of food in your shed is a good investment.
no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value.
US coins are illegal to melt.
No our politicians are not bought and paid for.
no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value.
no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
I invest in stocks. Risky? yes.
...but no more so than bitcoin.
I have guns and ammo and precious metals too, but for more practical purposes (rather than investment).
...but no more so than bitcoin.
I have guns and ammo and precious metals too, but for more practical purposes (rather than investment).
If you want something as profitable as holding bitcoins, try importing cocaine to the US.
Red wine.
You sir are a god. I was sipping pinot noir when I posted above and didn't even think of it.
Red wine.
Shorting the Yen and/or S&P 500.
There are very few alternatives that I like to Bitcoin right now. The stock market is way over valued and so is the real estate market in many parts of the world.
If the Bitcoin market gets over heated or for some diversification
Canadian 30 day Treasury bills in CAD, and / or CAD bank deposits CDIC insured, some CAD cash.
United States 30 day Treasury bills in USD, and / or USD bank deposits FDIC insured, some USD cash.
Gold (1oz gold coins). Possibly Goldgrams via GoldMoney.com
For high risk investors
Short stock positions either the market as a whole or some overhyped stocks. A short position on Facebook stock for example.
If the Bitcoin market gets over heated or for some diversification
Canadian 30 day Treasury bills in CAD, and / or CAD bank deposits CDIC insured, some CAD cash.
United States 30 day Treasury bills in USD, and / or USD bank deposits FDIC insured, some USD cash.
Gold (1oz gold coins). Possibly Goldgrams via GoldMoney.com
For high risk investors
Short stock positions either the market as a whole or some overhyped stocks. A short position on Facebook stock for example.
I like gold, silver, copper(pre 1982 pennies), guns, & ammo.
So I am by no means jumping off the bitcoin bandwagon also in no way am I saying that they are going to fall anytime soon (nor do I want them to) But I would like to be realistically prepared for when they do. So my question is what are some good investments to put my money inthey can be digital currency or so other kind of soild currency when the bitcoin begains to fall preferably low or tax free
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