I knew a woman who's mother was 'investing' in jewelry she bought off of QVC. I said that, even if the rings themselves were good investments (I'm new jewelry expert and didn't know), the QVC markup was probably 100% above retail, and that it was worth less than what she paid the second she bought it. The woman said "I know and I was hoping you could convince her of that!"
Also, a sage investor once told me that if you want to invest in precious metals or gems that you don't buy the metals or gems, but you invest in the stocks of companies that deal in them.
He'll figure out its value day on his own, and that's the only way some people will learn.
Last edited by drcy; 09-24-2017 at 10:21 AM.
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