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<p>[QUOTE="krispy, post: 2019485, member: 19065"]Plus it's functional and has a life outside the SDB! You get to <i>see</i> it more regularly, shining in the light and accessorized on your dear wife when she decides to wear it. I never get that pleasure just visiting precious metals kept stowed in a vault occasionally glimpsed in the SDB viewing room at a bank, but I encourage others to maintain an SDB for the security it provides all the same. </p><p><br /></p><p>I suppose also it can be easier to transport over boarders when worn, rather than trying to carry coin or bar bought internationally. And easier than carrying physical cash in large amounts internationally. </p><p><br /></p><p>I hear of a lot of investment in luxury goods these days going on in parts of the world with tight restrictions and uncertain economic situations, where fancy custom cars, for instance, are ordered and if things get bad at home, the owners can drive the goods (and a trunk full of fur coats, hand bags, etc) out of the country and resell the car and things elsewhere for cash. It's an easier way in some places to export one's wealth. I think the risk of crossing boarders like that is dangerous too though. And any investment has it's risk factors. But this is how some people think of investing in certain things that can be liquidated like a commodity, which is not a traditional bullion asset. </p><p><br /></p><p>Similarly, in places like Berlin and NYC, the high end and new property real estate market is booming with foreign investment. It's not only the new ultra rich from countries like China, but also entire families pooling money together for an investment in properties abroad. Maybe they are buying a modern loft in a Manhattan condo tower, or a new four story single family apartment along the path of the Wall in Germany. They can always find tenants to rent to in these countries and pay off mortgage or earn back on their investment until a later day when they could move there, retire there, flee there, resell there... <i>anyway</i>, I'm on many tangents now. </p><p><br /></p><p>It's just nice that you get to see your investment in use and I'm sure your wife enjoys showing it off and feeling nice dressed up, going shopping, etc. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2019485, member: 19065"]Plus it's functional and has a life outside the SDB! You get to [I]see[/I] it more regularly, shining in the light and accessorized on your dear wife when she decides to wear it. I never get that pleasure just visiting precious metals kept stowed in a vault occasionally glimpsed in the SDB viewing room at a bank, but I encourage others to maintain an SDB for the security it provides all the same. I suppose also it can be easier to transport over boarders when worn, rather than trying to carry coin or bar bought internationally. And easier than carrying physical cash in large amounts internationally. I hear of a lot of investment in luxury goods these days going on in parts of the world with tight restrictions and uncertain economic situations, where fancy custom cars, for instance, are ordered and if things get bad at home, the owners can drive the goods (and a trunk full of fur coats, hand bags, etc) out of the country and resell the car and things elsewhere for cash. It's an easier way in some places to export one's wealth. I think the risk of crossing boarders like that is dangerous too though. And any investment has it's risk factors. But this is how some people think of investing in certain things that can be liquidated like a commodity, which is not a traditional bullion asset. Similarly, in places like Berlin and NYC, the high end and new property real estate market is booming with foreign investment. It's not only the new ultra rich from countries like China, but also entire families pooling money together for an investment in properties abroad. Maybe they are buying a modern loft in a Manhattan condo tower, or a new four story single family apartment along the path of the Wall in Germany. They can always find tenants to rent to in these countries and pay off mortgage or earn back on their investment until a later day when they could move there, retire there, flee there, resell there... [I]anyway[/I], I'm on many tangents now. It's just nice that you get to see your investment in use and I'm sure your wife enjoys showing it off and feeling nice dressed up, going shopping, etc. :)[/QUOTE]
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