E-Mail 'Economics & Investing for Preppers' To A Friend

2 Comments

1. Tangibles Investing:

   There are options to investing in tangibles other than gold, silver or high end collectibles. Useful, vintage and antique hand tools, can be found for pennies on the dollar and there is a huge market for them. Cast iron cookware is another good example.

   The “Prepper” connection is obvious for many of these tools and most are not that hard to refurbish.

   Choose something you enjoy, specialize in it, and you could enjoy a very profitable hobby right now as well as some good long term investments!

2. Thanks for the great article!
   I have always loved quality knives. I tend to buy knives made in Seki Japan- especially old SOG brand knives, military knives and vintage knives made in the USA. I often felt guilty buying “another stupid knife”, but I just loved looking at them and hefting a well made tool. A few years ago I got injured and had to sell most of my collection. I took great photos, and put in my time composing detailed descriptions. Of course, I ended every description with, ” Please see my other auctions of fine vintage and collectable knives.” Thus, every auction led the searchers to my other auctions. I chose Ebay to auction the collection. I think because I listed over thirty auctions at once and because I started every auction at one penny with no reserve, the listings gained attention like an avalanche. I more than doubled my money on most of the sales. These were quality pieces that I had acquired over several years, but I was sure glad that I had invested in those “stupid knives”. Since that sell off, I have again enjoyed replacing many of those knives and see them as part of my investments that I get to hold and enjoy.

Comments are closed.