3 ms·

jewelry is a good option, as long as you can tell real jewelry from fake: valuable, somewhat liquid, holds value reasonably well, easy to hide, portable

• adventured 9y ago
  You get massacred on jewelry anytime you need to actually sell it. If you paid $2,000-$3,000 for that diamond ring, you'll get $150-$200 for it from a buyer in a crunch. Jewelry being resold does anything but hold its value, it's a truly epic beating you'll take to the downside. 75-90% of the value of retail jewelry is bullshit, you're almost never paying the bulk of the retail price for the actual gold / silver / diamond, you're paying the mark-up from a store (as a validated trinket, to verify by reputation sharing that it's hopefully the real deal). Take a nice engagement ring into a pawn shop to sell it, you'll get $0.10-$0.15 on the dollar if you're lucky, and that's a good scenario where you're not under pressure to move it to an even shadier buyer. The only way to go with the concept you're suggesting, is to buy actual gold (coins or similar). With something like gold coins, you'll still suffer a discount on a need-to-sell, but it won't be nearly so bad. Do not think under any circumstances that jewelry holds its value in a resale, it holds a small fraction of its value (unless we're talking a million dollar extraordinary specimen (equivalent to art in the jewelry world), but that's a super rare context, and you'll still sell it at a hefty discount in a crunch).