Title: Real Estate and Other Investments
1 MISCELLANEOUS TOPICS
Precious Metals, Art Collectibles
2Investing in Precious Metals
- Gold
- Bouillon bars and wafers
- Gold bouillon coins
- Gold stocks
- Exchange-Traded Mutual Funds (ETFs)
- Silver
- Platinum, palladium and rhodium
If you believe that the world economy is going
to fall apart anytime soon, put your money here!
if your reason for owning gold has something to
do with the end of the world as we know it,
shotguns and canned food probably would be more
practical investments. Tom Petruno, Los
Angeles Times
3Growth of 1 Investment
1801 2009
4Investing in Precious Gems
- Precious stones
- Diamonds
- Sapphires
- Rubies
- Emeralds
Diamonds are not an investors best friend!
5Investing in Collectibles
- Includes rare coins, works of art, antiques,
stamps, rare books, sports memorabilia, rugs,
Chinese ceramics, paintings and other items that
appeal to collectors and investors - Can be both a good investment and a hobby, or a
financial disaster (Example El Cajon Barbie Guy) - Be careful of investment scams
- Know the dealers reputation
- Comparison shop
Dont buy art as an investment. Christopher
Burge, Christies Auctions
6Metals, Art, Collectibles Taxes
- The maximum capital gains tax rate on most all
investments is currently 15 and could be as low
as 5 - The capital gains tax rate on precious metals,
art, and collectibles is 28 - None of these investments are eligible for
tax-qualified accounts (i.e. retirement accounts,
educational savings accounts, etc.)
Do ya think the Congress is trying to tell ya
something?