My sister in law is an ingrate.

[VegasM]

I can't believe this shit. I buy my two nephews each an American Gold Eagle $50 Gold coin, paying about $1,640 each. I figure the kids can hold onto them for a decade or so and by the time they're ready for college, they might be worth something, maybe 7 or 8 dimes each.

So I ran into my Nephew, and he says mom went to a pawn shop and sold the ******* coins, saying it's better to put the money in their college fund that way.

So I call her and ask what's up. Tell her that with the price of Gold soaring, that the coins are a great investment. ( I have 13 of them.) She gives me the spiel about how the college savings account is a safer investment..wow they get maybe 1.3 percent on their money.

Then I ask her why she doesn't sell some of her considerable Gold and Diamond encrusted Jewelry since she doesn't consider it a worthwhile investment...and the whole conversation just goes south from there.

You can't ever discuss any type of investment strategy with a Gold Digging bitch.

[pattymayo]

[big joe 1212]

[brettels]

Farken bitch

[guitarjosh]

The gold bubble has popped.

[antifoil]

buying gold in coin form is not a smart investment if you are buying it for the gold.

you are paying an extra amount for the 'value' of the coin over the gold price.

it really isn't a good investment.

[VegasM]

buying gold in coin form is not a smart investment if you are buying it for the gold.

you are paying an extra amount for the 'value' of the coin over the gold price.

it really isn't a good investment.

Anti: Maybe. I also have a couple of one oz. bars. I am a coin collector and it's my hobby. Right now, can't see what else to put the 20K or so in Gold coinage and the 2 bars as a viable investment. I also have modest amount of silver coins too.

I inherited a house in Las Vegas, original sale price was 249K in 06, now worth 30% of that.

Can't make a move on the house for who knows how many years. Sports Betting is only a hobby for me too. Stock market too volatile.

[ttwarrior1]

lmao if you think they have a college account, she's spending it

[VegasM]

lmao if you think they have a college account, she's spending it

Would not doubt that for a second. My brother, her husband is of no use. He's a total cuckold, she runs the house, finances, everything.

Don't get me wrong, in her own way, she can be very generous. Gives me $500 gift cards to Best Buy,
Sears, etc. Can't go wrong with those. When her Dad passed away, gave me $$$ worth of his tools, and other items.

Still, I thought it'd be good for the kids college education.

[Marv001]

Super shady, it was a gift.