| Author |
 Topic  |
|
Copper Catcher
Administrator
USA
2092 Posts |
 Posted - 04/09/2010 : 10:10:14
|
The purpose of this question/discussion is to find out what people might thinking is the best “retail purchase” a person could buy today that will either retain it's value or grow in value in the future.
I am not making any assumption that hyperinflation will take place or really that we will have inflation. I am just curious to know the options of others as well as their logical explanation of why you think your choice is a good one.
Please, again, narrow the focus to limit a purchase the average person can buy at typical retail outlet found all over the US.
Example: Is there anything Wal-Mart sells that if you purchased it today it would be worth more a year from now, or are all things you buy at retail stores destine to depreciate in value no matter what?
|
|
|
Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 04/09/2010 : 10:23:34
|
| Booze. |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
 |
|
|
SilverTrainRollin
New Member
USA
8 Posts |
 Posted - 04/09/2010 : 10:57:57
|
Firearms Cost to produce along with the increase in demand..
A-1 Argriculture rural farm land
|
|
|
|
Kurr
1000+ Penny Miser Member
2906 Posts |
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 04/09/2010 : 12:28:07
|
anything petroleum based, for example several extra pairs of your favorite sports shoes. Your feet don't change much at all, shoes probably have a shelf life of at least ten years... and if hyperinflation or peak oil appear, you made a wise and profitable investment in something that you can use or barter. There are thousands of products (plastics) that depend on cheap oil, so stock up at today's prices while they're available and inexpensive. Also... what would you miss most if it was gone? Think along those kind of lines and stock a few extra. I have at least ten (cheaper to buy used then to repair) portable cd players, headphones, and cases of batteries... just in case  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
Edited by - beauanderos on 04/09/2010 12:28:56 |
|
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/09/2010 : 17:36:24
|
quote:
Originally posted by Nickelmeister
Booze.
This is a great investment. If you bought A fifth of Bushmans (Screwtop) irish whiskey a month ago at $15 that same bottle would be worth $18 today. Only, I decided to 'short' my whiskey.
I'm glad I can't drink my silver. |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 04/09/2010 : 17:51:36
|
quote:
Originally posted by thogey
quote:
Originally posted by Nickelmeister
Booze.
This is a great investment. If you bought A fifth of Bushmans (Screwtop) irish whiskey a month ago at $15 that same bottle would be worth $18 today. Only, I decided to 'short' my whiskey.
I'm glad I can't drink my silver.
Buy Goldschlager... kill two birds with one stone. Pee thru a coffee filter and make $3.01 for every bottle you swill. And...
if you hurry... Costco (until Sunday) has 1 liter Bailey's Irish Cream for $19.99 (with a coupon good for an additional $3 off). The cheapest you can find 750ml (let alone 1 liter) anywhere else is $23!  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
Edited by - beauanderos on 04/09/2010 17:52:22 |
|
|
|
orionstarman
Penny Pincher Member
USA
106 Posts |
Posted - 04/09/2010 : 18:02:42
|
| I'm not an economist and I don't play one on the internet but.... my answer would be; it depends. If things keep trudging along like they are now, I would say some things. Guns, ammo, land, livestock and hi-mpg cars. If things get better, than every thing is a throw away. But, if things get worse everything will go through the roof. Personally I would buy lots of extra toilet paper the next uh.. every time your in Wal-mart. |
Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.--Benjamin Franklin
|
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/09/2010 : 18:08:02
|
quote:
Originally posted by beauanderos
quote:
Originally posted by thogey
quote:
Originally posted by Nickelmeister
Booze.
This is a great investment. If you bought A fifth of Bushmans (Screwtop) irish whiskey a month ago at $15 that same bottle would be worth $18 today. Only, I decided to 'short' my whiskey.
I'm glad I can't drink my silver.
Goldschlager... kill two birds with one stone. Pee thru a coffee filter and make $3.01 for every bottle you swillBuy . And...
if you hurry... Costco (until Sunday) has 1 liter Bailey's Irish Cream for $19.99 (with a coupon good for an additional $3 off). The cheapest you can find 750ml (let alone 1 liter) anywhere else is $23!
I'm going to start a gold recovery business sell the 3.01 worth of gold and write off the price of the Goldschlager. I might need to hire some help though. Any applicants? |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
Copper Catcher
Administrator
USA
2092 Posts |
Posted - 04/09/2010 : 18:12:33
|
| Please keep the comments coming...What can you buy now, specifically at any retail outlet, that will hold its value or grow in value? |
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/09/2010 : 18:17:11
|
Seriously,
Without oil/gas/electricity we die.
Water wells don't pump, generators don't generate.
In my business I go through lots of 2-cycle oil. I buy it at garage sales, flea markets wherever I can. It stores well. Its starting to get expensive again.
Thogey's recommendation: Go long on 2-cycle oil. |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 04/09/2010 : 18:41:20
|
quote:
Originally posted by beauanderos
quote:
Originally posted by thogey
quote:
Originally posted by Nickelmeister
Booze.
This is a great investment. If you bought A fifth of Bushmans (Screwtop) irish whiskey a month ago at $15 that same bottle would be worth $18 today. Only, I decided to 'short' my whiskey.
I'm glad I can't drink my silver.
Buy Goldschlager... kill two birds with one stone. Pee thru a coffee filter and make $3.01 for every bottle you swill. And...
if you hurry... Costco (until Sunday) has 1 liter Bailey's Irish Cream for $19.99 (with a coupon good for an additional $3 off). The cheapest you can find 750ml (let alone 1 liter) anywhere else is $23!
Not that I don't appreciate the humor....but maybe you could pour the Goldschlager through the filter BEFORE you drink it?
|
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
|
|
|
|
Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 04/09/2010 : 18:43:13
|
MACHETTES!!!!
|
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
|
|
|
|
oldBPman
Penny Sorter Member
83 Posts |
Posted - 04/10/2010 : 07:32:21
|
canning jars at yd sales and craigslist for a couple dollars a doz. they'll always sell easily for 6-8 dollars or more a doz. canning jar lids. candles and paraffin or bees wax.Heirloom seeds.fertlizer taken out of the sacks and stored in plastic mayonnase jars or juice bottles.Vasoline and cotton balls, cheap now but it makes a great fire starter when melted and cotton balls are dipped in it.copper rivets,washers,nuts,bolts,screws,nails.
black powder,pure soft lead and a few BP guns and rifles. |
Edited by - oldBPman on 04/10/2010 07:40:26 |
|
|
|
wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/10/2010 : 13:14:36
|
Think back to Y2K, I stocked up on toilet paper, kleenex, motor oil. When my supply was exhausted and I had to re-purchase WOW what a shocker. prices had doubled.
These items while common are regularly used and will contnue to rise. I noticed several members also said Ammo this is a great wealth protector, usually the more popular weapons are the type of ammo to get(22, 12 gauge, hand gun like 9mm, 45 or 38) check your dealers for most popular and use that info to bargain shop.
Motor oil is a no lose gamble 5w30 seems to be the best. I barter with it regularly and the price has never gotten cheaper.
Most everyday items are good investments. Cooking oil is another.
|
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/10/2010 : 15:49:46
|
Tools, both garden and shop tools. A rotary lawn mover if you aren't raising goats already. Hardware supplies such as nails, bolts, and home improvement/ repair supplies.
Most things that you can buy retail don't grow in value dollars wise. But items such as tools can continue to at least be of value. This applies both during inflationary or deflationary times. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/10/2010 : 15:56:04
|
| Bicycles. I hope I'm not repeating any of the excellent replies given already. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
theo
Penny Hoarding Member
USA
588 Posts |
Posted - 04/11/2010 : 00:59:18
|
You guys took most of my best ideas (tiolet paper, firearms and hand tools), but here are few more.
First aid supplies: Band aids, medical tape, hydrogen peroxide
Cleaning supplies: Beach and Landry Detergent. |
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/11/2010 : 10:27:10
|
I thought of another thing that stores well and will rise in value.
Premium shaving razor cartridges. |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/11/2010 : 15:27:52
|
quote:
Originally posted by Kurr
With our current "money system" we are guaranteed to have a few percent inflation when running smooth, under perfect conditions. So I would say any "retail" item that will continue to be sold, that does not "expire" in less than a year should "naturally according to our economic system" be more "valuable".
I am sure someone could articulate this better than I.
Yep, that pretty much is it. The very nature of a monetary system based on fiat currency and deficit spending has inflation baked right in. So in theory anything that is in demand will go up in price in correlation with the debasement of the currency.
However, if wages don't keep up with inflation (which they never have), widgets become no longer affordable for a lot of budgets, therefore demand can be reduced, which reduces the price of the widget. In theory.
However, if demand gets so small it is no longer profitable to produce the widget, then supply gets limited and the price goes up for said widget because of the remaining demand by those who can still afford it. In theory.
In answer to CC's question, mine would have to be anything that is demand, or will continue to be in demand. If there is no demand, you can't give the item away. So far all the answers sound good...
|
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/11/2010 : 15:33:34
|
| Something too to consider is that even in a moderately inflationary economy some items through advances in technology or cheap Chinese labor have reduced in their cost of production. Though I wouldn't count on either of those occurring in the near future. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/11/2010 : 15:38:19
|
quote:
Originally posted by thogey
Seriously,
Without oil/gas/electricity we die.
Water wells don't pump, generators don't generate.
In my business I go through lots of 2-cycle oil. I buy it at garage sales, flea markets wherever I can. It stores well. Its starting to get expensive again.
Thogey's recommendation: Go long on 2-cycle oil.
I have to wholeheartedly disagree. I go camping every year. It is rustic camping. No pansy sissy $150k RV's with big screen TV's and the such. But tents, campfires and NO electricity and a hand pump for the well. You're ruffin' it.
With a rifle/shotgun to hunt and a fishing pole. I can survive indefinitely with out oil/gas/electricity.
All through the ages humanity survived by living near water or using wells pumped by hand or windmill. If one is near clean water, one can boil it and have potable water and not even need the well. Nothing has changed in that department...
|
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/11/2010 : 15:50:18
|
quote:
Originally posted by Bluegill
quote:
Originally posted by thogey
Seriously,
Without oil/gas/electricity we die.
Water wells don't pump, generators don't generate.
In my business I go through lots of 2-cycle oil. I buy it at garage sales, flea markets wherever I can. It stores well. Its starting to get expensive again.
Thogey's recommendation: Go long on 2-cycle oil.
I have to wholeheartedly disagree. I go camping every year. It is rustic camping. No pansy sissy $150k RV's with big screen TV's and the such. But tents, campfires and NO electricity and a hand pump for the well. You're ruffin' it.
With a rifle/shotgun to hunt and a fishing pole. I can survive indefinitely with out oil/gas/electricity.
All through the ages humanity survived by living near water or using wells pumped by hand or windmill. If one is near clean water, one can boil it and have potable water and not even need the well. Nothing has changed in that department...
Perhaps he means we die in the sense of the lifestyles we live under now. Many people with medical conditions will literally quickly die. Such bare knuckles survival can offer survival, but in most cases a much shorter lifespan. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/11/2010 : 18:10:47
|
quote:
Originally posted by Bluegill
quote:
Originally posted by thogey
Seriously,
Without oil/gas/electricity we die.
Water wells don't pump, generators don't generate.
In my business I go through lots of 2-cycle oil. I buy it at garage sales, flea markets wherever I can. It stores well. Its starting to get expensive again.
Thogey's recommendation: Go long on 2-cycle oil.
I have to wholeheartedly disagree. I go camping every year. It is rustic camping. No pansy sissy $150k RV's with big screen TV's and the such. But tents, campfires and NO electricity and a hand pump for the well. You're ruffin' it.
With a rifle/shotgun to hunt and a fishing pole. I can survive indefinitely with out oil/gas/electricity.
All through the ages humanity survived by living near water or using wells pumped by hand or windmill. If one is near clean water, one can boil it and have potable water and not even need the well. Nothing has changed in that department...
You need to retink this. Your shotgun shells,
plastic(petroleum). You're nylon monofiliment; petroleum.
Where are you going to get supplies ie gun powder/grease etc.
You might live for a while. But yes I am being literal, like it or not we are wrapped around oil.
I don't think you're a wimp, neither am I. Trust me, I have survival skills. Uncle Sam put me through hell to prove it. But one thing everyone should undrestand: in the absence of petroleum products It's worse than Mad Max.
|
Come to the new and improved realcent: http://realcent.org
|
|
|
|
Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/11/2010 : 19:46:51
|
quote:
Originally posted by thogey
quote:
Originally posted by Bluegill
quote:
Originally posted by thogey
Seriously,
Without oil/gas/electricity we die.
Water wells don't pump, generators don't generate.
In my business I go through lots of 2-cycle oil. I buy it at garage sales, flea markets wherever I can. It stores well. Its starting to get expensive again.
Thogey's recommendation: Go long on 2-cycle oil.
I have to wholeheartedly disagree. I go camping every year. It is rustic camping. No pansy sissy $150k RV's with big screen TV's and the such. But tents, campfires and NO electricity and a hand pump for the well. You're ruffin' it.
With a rifle/shotgun to hunt and a fishing pole. I can survive indefinitely with out oil/gas/electricity.
All through the ages humanity survived by living near water or using wells pumped by hand or windmill. If one is near clean water, one can boil it and have potable water and not even need the well. Nothing has changed in that department...
You need to retink this. Your shotgun shells,
plastic(petroleum). You're nylon monofiliment; petroleum.
Where are you going to get supplies ie gun powder/grease etc.
You might live for a while. But yes I am being literal, like it or not we are wrapped around oil.
I don't think you're a wimp, neither am I. Trust me, I have survival skills. Uncle Sam put me through hell to prove it. But one thing everyone should undrestand: in the absence of petroleum products It's worse than Mad Max.
I don't know, how did homo sapien survive and flourish for 10,000 years before electricity and oil? There are still places on this planet where people are living with out oil and electricity. Not to mention the Amish.
I can make black powder, I can melt lead ammo, I can trap, etc, etc... I can do most anything humans did in Colonial times for them to survive reasonably comfortable and safe.
I do agree that if it were suddenly cut off most spoiled weak humans would end up in a Mad Max scenario.  But I would choose not to be one of them. 
To make a blanket statement that humanity would die when the oil and electricity got shut off is just not true. |
|
|
|
Topic |
|
Keep or Grow in Value.....What Say You?
Forum Locked
