Am I diversified enough with my investments?

[888theGreat]

I am invested in Gold (Coins and Jewelry) , Silver (coins, bars, jewelry and silverware, antiques), Platinum (Jewelry, coins), Palladium (Jewelry), Lead (Bars), Tin (bars), Nickel (bars, coins and silverware, and antiques), Copper (coins , bars , and Jewelry).

Fine Art Original Andy Warhol and limited Prints /oils

Ivory (legal)

I also have Diamonds, Sapphires, Emeralds , Rubies, Tanzanite , Pearls, and Opals , some graded. Appraised GIA Jewelry.

Still have Baseball Cards from Childhood 1950's through 1990's including rookie cards and graded cards. Autographs too.

One Crypto now (Lite Coin) and I am going to buy some ICP Coin

I am thinking of buying some Uranium.

I own a 1980's corvette (they tend to increase in value)

AT &T stock (not many)

What else could i invest in? Real Estate is too high.

Any new things that will be hot in future?

Yes

No

I am not invested in that much

Updates

1 y

Found a 14 K white gold earring mowing today , I would guess 1/2 gram , about $18 .

[jamesgoldman]

Pretty dirverse, certainly more than me... I'll stick to metals but I have to say I've considered wine and whisky before and would do real estate if I had the money required

[888theGreat]

wine can be damaged , so I won't go that way. Pot is a money maker , but I am against its use.

[888theGreat]

You have to control temperature and make them earthquake proof as well as insure them.

[jamesgoldman]

Yeah those factors have put me off, you can buy it in bond or en primeur then offload it when it becomes physically available... or with whisky you can buy the whole barrel which is more protected from the off

[bean2k21]

The stock market actually helped me buy real estate. Buy when it's down, people think it's then end of the damn world when covid or inflation hits.

[bean2k21]

It's an honor to share this mho with @jamesgoldman

[888theGreat]

why is that?

[bean2k21]

he's a hustler

[Guy13]

A full portfolio, at least for me includes stand-up safe full of guns and ammo kept down in the cellar🙃. It’s not like someone isn’t going to want all that big 💰 💩

😎

[Avicenna]

You don't say what percentage is allocated to each of those, but you could definitely diversity more and reduce risk.

[888theGreat]

gold and silver are safest investments you can get. Art holds its value too

[exitseven]

Too much of yuur money is in hard assets. It is true they are all different kinds of metals and jewels but they mostly behave similarly

[Likes2drive]

Maybe government bonds, seems like you have a little of everything, you can’t go wrong with gold though

[888theGreat]

I don't trust US Bonds with the way they print money and countries are getting away from US dollar for Trade. Also , not interest with Bonds. They used to be safest investment with 5% to 6% return. Now in many cases you lose money.

[888theGreat]

No interest with bonds

[Likes2drive]

What about mutual funds

[888theGreat]

Ideally , if you owned Bonds with 5% return , Duplexes (maybe 2) with rent cash flow , Dividend stocks paying $1 per share every quarter, the house you own gaining value, maybe oil well income, you were in pretty good shape. Figuring you had a decent job until 60 years of age.

[888theGreat]

I would rather own blue chip stocks that paid dividends. I don't see any good dividend paying stocks anymore. Not for what you have to pay for the stock. Also, you don't decide what happens to your stocks. The company does. They can reverse split or quit paying dividends. They could go private. I had all those things happen to me. I had a triple reverse split and lost 67%. I had Hearst go private and they just gave me what they wanted for my shares.

[Likes2drive]

Yeah nothing is guaranteed but at least you own a house

[Anonymous]

AT&T stock ain't doing real well right now.

[strateguy632]

3rd,.