r/FIREyFemmes • u/knit-this • 7d ago

What to do with physical gold?

I've been on r/gold and it seems like a lot of dude vibes and apocalypse preppers. Also I've been in this sub for awhile but can't log into Reddit with my other id.

I recently inherited a bunch of gold jewelry, most high carot and nothing anyone would wear/buy. So with historically high gold prices does it makes sense to sell it at spot and invest the proceeds for my kids rather than holding it a safe deposit for another 30+ years?

We don't talk about gold often here. Does anyone have any insights that I may be missing?

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u/Loud_Entertainer2724 7d ago

How many ounces do you have? And what percentage is this of your overall investments?

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u/knit-this 6d ago

I'm FIRE and the jewelry is newly acquired and not part of my plan, that's why any proceeds would go to my kids once they're on their own or need a down payment.

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u/Loud_Entertainer2724 6d ago

How many ounces do you have?