by Recyclersteve » Thu Sep 21, 2023 2:26 am
There are PLENTY of things not made anymore that are still not worth saving. Still trying to decide on the star notes, but I may just spend them. If I sit on them for a long time, I’m losing out to inflation each year.
Another item like that is $500 bills and $1,000 bills. I have one $500 bill in average circulated condition and could have sold it for, say, $1,250-1,500 anytime over the roughly 14 years I’ve had it. It has sentimental value to me, so I don’t want to sell unless I get really desperate or get an offer too big to refuse- like five grand.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.